March 1, 2013
Contech Castings LLC has suspended certain operations at plants in Auburn and Pierceton and laid off more than 200 employees
after losing a customer to a competitor.
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February 23, 2013
Associated PressThe trailer-hitch manufacturer plans to close the 450-employee plant and move operations to Mexico. Union workers voted Friday
to forego arbitration and accept a severance agreement that will pay the most senior employees $36,000.
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February 19, 2013
Dan HumanAllison Transmission Inc. predicted 2013 sales declines after it closed 2012 with an inflated $514.2 million annual profit
and a massive slide in sales for a key market during the fourth quarter.
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February 19, 2013
Dan HumanA one-time tax benefit more than doubled Remy International Inc.’s annual profit to $138.6 million, the Pendleton-based
manufacturer reported late Monday.
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February 12, 2013
IBJ StaffAutomotive supplier Valeo expects to invest $15.5 million in new machinery for its Greensburg facility as part of its plans
to expand operations in the plant and bring more than 200 workers onto the company payroll by 2014.
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February 1, 2013
Dan HumanRemy International Inc. President and CEO John Weber will resign at the end of February after leading the company for seven
years, the Pendleton-based automotive supplier announced Friday.
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January 16, 2013
Keihin North America Inc. plans to relocate between 130 and 175 management, engineering and development jobs to the Flagship
Enterprise Center.
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January 3, 2013
IBJ StaffSteel Parts Manufacturing Inc. says it plans to close its plant in Tipton, ending employment for 173 workers. The company
told the state the closure and layoffs will begin Feb. 28 and end by March 14.
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December 22, 2012
Dan HumanChrysler Group LLC is betting on huge sales gains to justify the more than $374 million it is considering investing in Kokomo
and Tipton to make a new line of nine-speed transmissions.
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November 30, 2012
Associated PressTenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply
emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
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November 24, 2012
Dan HumanUnion leaders say working conditions are improving at the Pilkington glass factory in Shelbyville, but an employee’s
injury in October has led to another visit from state safety officials and possibly more fines.
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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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October 5, 2012
Associated PressThe 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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September 29, 2012
IBJ StaffHoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.
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September 18, 2012
Associated PressAn auto-parts supplier in northeastern Indiana plans to expand its operations and create as many as 95 new jobs.
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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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August 20, 2012
Dan HumanA Florida title insurer and mortgage service has increased its ownership of Pendleton-based manufacturer Remy International
Inc. to 50.2 percent.
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August 18, 2012
Dan HumanA Shelbyville glass factory has had almost two years to address safety violations resulting from a worker’s death, but
the state says the plant still has a lot of the same problems. Pilkington North America faces $150,000 in fines after an Indiana
Occupational Safety and Health Administration inspection in March and April.
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July 30, 2012
IBJ StaffAllison Transmission Inc. on Monday reported earnings of nearly $413 million in the second quarter after losing $17.2 million
in the same period a year ago. The Indianapolis-based manufacturer cut its full-year sales-growth forecast.
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July 26, 2012
Associated PressAuto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning
in late September.
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July 24, 2012
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by
2016, economic development officials announced Tuesday morning.
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June 12, 2012
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional
equipment for its 1-million-square-foot facility.
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June 8, 2012
Associated PressOn the cusp of realizing the end result of a historic, $1.3 billion investment in Kokomo's plants, Chrysler officials
here and in Detroit, Mich., are riding high.
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May 16, 2012
Melina Kennedy has joined the diesel engine maker's corporate communications team and will be responsible for executive communications,
research and speechwriting for CEO Tom Linebarger.
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May 11, 2012
Scott OlsonA shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van's Electrical
Systems invest $427,000 to purchase and rehab a vacant building on the city's west side.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.