Manufacturers

Cummins to lay off at least 150 from Indiana plants

October 18, 2012
Associated Press
Engine maker Cummins Inc. says it will lay off at least 150 workers from its southern Indiana factories as it carries out its plan to cut up to 1,500 jobs worldwide by year's end.
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Union: Indiana tech jobs at Cummins expected safe

October 17, 2012
Associated Press
A union president says no layoffs are planned among the research, technical and support employees at Indiana operations as engine maker Cummins Inc. makes cutbacks.
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Hillenbrand paying $530M for German company

October 16, 2012
Cory Schouten
The Batesville-based conglomerate best known for making caskets is making its biggest move yet to diversify away from the funeral care business.
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Rolls-Royce opens Indy service centerRestricted Content

October 13, 2012
 IBJ Staff
The aviation supplier's first defense operations center in the United States is at its Meridian Street complex downtown.
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Toyota supplier plans 116 jobs in Hancock County

October 11, 2012
Japan-based Tsuda Industries Co. Ltd. plans to spend $56.2 million to build a facility at Mount Comfort Air Park East, which should create 116 jobs by 2016, the company said Thursday.
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Cummins shares slide on job cuts, lower forecast

October 10, 2012
Bloomberg News
Shares in Cummins Inc. saw their biggest one-day drop in three months Wednesday after the Columbus-based engine maker lowered its forecasts for revenue and profit and said it expects to cut as many as 1,500 jobs by the end of the year.
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Local furniture maker acquires northern Indiana company

October 9, 2012
Facility Concepts Inc.'s purchase of Classico Seating in Peru, Ind., gives the manufacturer of restaurant furniture about 100 employees and 250,000 square feet of manufacturing space.
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Cummins shortens work week at Columbus factory

October 5, 2012
Associated Press
The engine maker says that slowing demand led to the decision to scale back hours for the 350 workers at its Columbus Fuel Systems Plant. The new four-day workweek will continue indefinitely.
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Precision Cutoff closing Franklin metal-tube plant

October 4, 2012
Dan Human
The Franklin metal-tube factory with 39 employees plans to close early next year, less than five years the $2 million plant opened.
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Cummins gets EPA approval for key engine

October 1, 2012
Dan Human
Cummins Inc. has received the Environmental Protection Agency’s blessing on a redesigned engine that will meet the first-ever set of federal standards for heavy-duty truck emissions.
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U.S. Department of Commerce recognizes Indianapolis exporterRestricted Content

September 29, 2012
 IBJ Staff
Hoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.
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Sale of signature game Phase 10 sent Fundex into ditchRestricted Content

September 29, 2012
Greg Andrews
The nightmare that culminated with the Plainfield-based company’s recent Chapter 11 bankruptcy filing began in the depths of the financial crisis, when the company’s lender yanked its more-than-$10-million line of credit.
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Judge dismisses whistleblower suit against Rolls-Royce

September 27, 2012
Scott Olson
A former senior project engineer at Rolls-Royce's Indianapolis plant accused the company of selling parts to the government that it knew did not meet contractual specifications.
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Remy International getting prepared for another attempt at IPO

September 27, 2012
Scott Olson
The Pendleton-based auto-parts manufacturer is offering 40,000 shares to employees and immediate family members to boost its number of stockholders before a broader public offering.
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$1B fertilizer plant proposed for southwest Indiana

September 27, 2012
Associated Press
A $1 billion nitrogen fertilizer plant proposed for southern Indiana's Spencer County would create 1,200 construction jobs over three years and about 80 full-time jobs.
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Sun King brewing another round of growthRestricted Content

September 22, 2012
Greg Andrews
After just three years in business, Sun King finds itself the second-largest brewer in Indiana, behind only Three Floyds Brewing Co. in Munster, which produces about 23,000 barrels and also is growing quickly.
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State's largest private company on verge of IPO

September 19, 2012
 IBJ Staff and Bloomberg News
Berry Plastics Group Inc., the largest private company in Indiana, may set terms for its initial public offering as soon as this week, said two people with knowledge of the matter.
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Allison, two others partner on new transmissions

September 13, 2012
Dan Human
Allison Transmission Inc. has entered a partnership with two other companies to produce high-efficiency NuVinci CVP transmissions.
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Rushville manufacturer to add up to 45 jobs in $26M expansion

September 11, 2012
J.K. Wall
Intat, a subsidiary of Japan-based Aisin Takaoka Co. Ltd., makes metal casting pieces for use in auto manufacturing. It employs about 230 people in Rushville, about 40 miles southeast of Indianapolis.
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Auto parts manufacturer plans plant, 47 jobs in Shelbyville

September 11, 2012
Faeza Alloyers USA, a metal alloys manufacturer and fabricator, said it will invest nearly $7.6 million to construct and equip a 36,000-square-foot facility in Shelbyville, its first in the United States for the Mexico-based company.
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Food-equipment maker closing state plant with 235 workers

September 10, 2012
Manitowoc Foodservice said it will eliminate 235 jobs with a Fort Wayne plant closure slated for April 30. The company gave no reason for its decision.
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Cummins starts hiring freeze as sales slow

September 6, 2012
Associated Press
Engine maker Cummins Inc. says it has instituted a global hiring freeze for at least the rest of this year with an uncertain impact on announced expansions of Indiana operations.
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Carbon Motors still part of plan to revive Connersville plant

September 5, 2012
 IBJ Staff and Associated Press
The maker of high-tech police cars would occupy about a third of the plant if buyer of facility makes good on $4 million purchase offer.
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Cummins distributor plans to add 75 jobs in Indianapolis

September 5, 2012
Indianapolis-based Crosspoint Solutions LLC, a manufacturer of electric auxiliary power units, plans to hire the workers by 2016 as part of a $935,000 expansion.
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Strong Subaru sales might boost Indiana plant work

September 5, 2012
Associated Press
Subaru reported August sales up more than 35 percent from a year ago, joining other automakers in pushing U.S. sales to their highest level in three years. That could lead to increased production at its central Indiana factory.
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  1. Yes sir keep cashing those 300K a year checks direct to IMS, while millions disappear from the teams like Rahal's. Guess there wasn't enough ka- ching going around to keep Sarah Fisher in business without their "merger". LOL._____.Meanwhile back in Realville the series with the "best racing in the world" drew what appeared to be about 5000 live spectators ( and probably 1500 of those Target "freebies", and was beaten in the ratings by a series that reportedly consists of "parades" and aired while most people are still sleeping. That will generate those big ka-chings for sure. :-). But, hey, as long as the Speedway gets the cash who gives a damn about the teams?

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  3. If I could actually get the prices...I would do this on my own. We need laws that force provides to publish the costs they will charge. Everyone else gives you the price in advance...except hospitals.

  4. I was under the impression that fencing is not allowed on a front yard and that on a corner, both sides are considered "front" yards, therefore can't be fenced without a variance. Also impedes the visibility for drivers at the intersection. Am I understanding this correctly? Might be why a fence was not included in the plans and a request for a variance will have to be made?.

  5. I was a big fan of Cowards and Carrots, which I got a chance to see at the show. It's currently on Kickstarter, but the designer also put out What's He Building in There last year, which got a fair amount of buzz.

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