Manufacturers

Independent optic lab fights giants with technologyRestricted Content

June 12, 2010
Kathleen McLaughlin
Bill Harding and his two partners in LensTech Optical, Greg Kyle and Greg Dallas, are striving to keep up with as many of the changes in the eyeglass manufacturing business as possible. It's a tall order for a lab with fewer than 30 employees.
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Rolls-Royce opens plant making part for Joint Strike Fighter

June 11, 2010
Kathleen McLaughlin
The new "focused factory" in Plainfield will produce lift fans for the Joint Strike Fighter aircraft. The fan allows one version of the aircraft to make helicopter-like landings.
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Hillenbrand unit seeks to block imports of knockoff coffins

June 11, 2010
Bloomberg News
Hillenbrand Inc.'s Batesville unit, the largest U.S. maker of coffins,wants the trade commission to prevent Ataudes Aguilares from selling its products in the United States and Puerto Rico.
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State manufacturing, logistics industries get high marks

June 10, 2010
Scott Olson

Third annual report from Ball State University highlights concerns over whether Indiana has enough qualified workers to meet demands of the increasingly technical sectors.

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Rolls-Royce snags $7.5 million military contract

June 8, 2010
 IBJ Staff
Engineers at Rolls-Royce Corp.’s Indianapolis manufacturing facility will work for the next year to design, develop and test an upgrade for a digital engine control the company is making for the U.S. Army’s OH-58 Kiowa Warrior helicopter.
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Trailer maker Pace American could close Middlebury plant

June 7, 2010
 IBJ Staff
A cargo trailer maker may close its manufacturing facility in Middlebury, potentially costing 150 workers their jobs.
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EnerDel's potential luring backers despite steep lossesRestricted Content

June 5, 2010
Peter Schnitzler
The parent of locally based lithium-ion battery maker EnerDel is putting together hundreds of millions of dollars in financing to fund a business plan that could bring revenue to nearly $1 billion within five years.
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Hurco suffers loss despite better sales

June 4, 2010
Indianapolis-based machine tool maker lost $1.5 million in its second fiscal quarter, which was much greater than the loss it reported in the same period last year.
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EnerDel parent lands $65M investment

June 1, 2010
 IBJ Staff
The parent company of lithium-ion battery maker EnerDel has landed a $65 million investment from its largest shareholder.
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Toyota to move Highlander production to Indiana

June 1, 2010
 IBJ Staff and Bloomberg News
Toyota began manufacturing the Highlander SUVs in November 2000 and has been making between 1,000 to 9,000 gasoline vehicles a month. In April, it produced about 1,900 units.
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EnerDel forms joint venture with Chinese autoparts maker

May 27, 2010
Kathleen McLaughlin
Battery company will offer expertise to help Wanxiang build Chinese factory, fill backlogs. Indiana employment could reach 3,000, but there's no target date for achieving that milestone.
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Northstar Aerospace closing Anderson plant

May 25, 2010
 IBJ Staff
The Anderson plant, which opened in 2006 and makes aircraft parts, has about 40 employees.
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Mitsubishi planning Franklin expansion

May 20, 2010
 IBJ Staff
A Franklin manufacturing facility is planning a $9.4 million expansion project that would more than double employment over the next two years.
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Tipton County Council to vote on Getrag site incentive

May 18, 2010
The $13 million bond would be used to lower the price of the abandoned plant to help lure a company that is considering manufacturing solar panels at the site.
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Knauf Insulation sues NatCity over $8M investment lossRestricted Content

May 8, 2010
Kathleen McLaughlin
One of Shelby County's largest employers is suing NatCity Investments Inc. to try to recover nearly $8 million in losses on auction-rate securities. Knauf Insulation filed suit in Shelby Superior Court in March, saying NatCity should repay the money in accordance with a settlement the bank reached with federal regulators in March 2009.
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Sale of GM plant could come as soon as June

April 29, 2010
Scott Olson
UAW official says General Motors and prospective buyer are working on a "real aggressive" schedule to have the acquisition completed by the end of June.
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Navistar finalizes foundry closing

April 28, 2010
 IBJ Staff
Navistar Inc. has notified state leaders that its Indianapolis Casting Corp. foundry at 5565 Brookville Road will close in July, costing about 220 employees their jobs.
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Cummins profit jumps on demand from emerging markets

April 27, 2010
Scott Olson
The Columbus-based engine maker sees sales increase in developing countries such as China, India and Brazil.
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Calumet wins $132M federal defense contract

April 27, 2010
The one-year agreement calls for the Indianapolis-based company to supply aviation fuel to the Defense Energy Support Center in Virginia.
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California brewer to open Franklin plant, hire up to 150

April 15, 2010
 IBJ Staff
TailGate Beer said it will invest millions of dollars in machinery, equipment and energy-efficiency upgrades to establish operations in an existing 48,000-square-foot building in Franklin Business Park.
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Shelbyville insulation company laying off 100 workers

April 8, 2010
Knauf Insulation will idle employees in June for at least six months, as demand for its building products remains soft.
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Rolls-Royce bags $51 million Marine contract

April 7, 2010
Four-year agreement to provide engines for tanker aircraft is the latest military contract snared by Rolls-Royce's local operations.
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Packaging company seeks abatement for expansion

April 6, 2010
Just Packaging on the east side of Indianapolis says it plans to invest in new equipment and hire 35 people by 2014.
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Hundreds show interest in jobs at police car maker

April 6, 2010
 IBJ Staff and Associated Press
Company executives told those at Monday's information sessions that many jobs will require an associate's degree in engineering and computer literacy to operate assembly-line machines.
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Raytheon lands key Navy contract

April 2, 2010
Kathleen McLaughlin
Raytheon Technical Services Co. LLC in Indianapolis will develop a new bomb rack for U.S. Navy airplanes under a recently awarded $32.4 million contract.
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