The state lost an estimated 1,400 manufacturing jobs in September, the U.S. Bureau of Labor Statistics reported, and a wave of layoff announcements in recent weeks suggests steeper declines are coming in the year’s final quarter.
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
Accuride Corp. says its Gunite Corp. factory in Elkhart will be closed by May 1. Its production will be moved to factories
in Rockford, Ill., and Brillon, Wis.
Accuride shareholders are trying to arrange a $400 million loan to fund the Evansville company’s exit from bankruptcy.
Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
Beleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing
jobs to Rockford, Ill., and Brillion, Wis.
Evansville-based Accuride Corp. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring of debt.
Evansville-based truck parts maker Accuride Corp., one of the state’s largest companies, warned
today in its quarterly financial report that the company might seek bankruptcy protection if lenders refuse to restructure
its debt.
