Both companies have major operations in Indianapolis, although United Technologies is already preparing to shed its Carrier Corp. business.
Saab said the facility will be used to manufacture a significant portion of the T-X advanced pilot training aircraft, which will help train future U.S. Air Force pilots for generations.
Allison Transmission Holdings Inc. announced Thursday that it plans to build a multimillion-dollar vehicle-testing facility in Speedway that will be the only one of its kind in the Midwest.
Rolls-Royce announced Monday that it intends to bid on the Air Force’s B-52 bomber re-engining program, which would extend the fleet’s life until 2050.
As Bastian Solutions, a Carmel-based subsidiary of Japan-based Toyota Industries Corp., prepares to open its Westfield facility along U.S. 31, city leaders are working to woo other companies like it.
Indianapolis-based metal additive manufacturer 3rd Dimension Industrial 3D Printing has plans to move into a building in Westfield that is six times larger than its current facility.
The three companies will be United Technologies, which will house its aerospace and defense industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business.
About 3,000 of the cuts will affect United Kingdom employees. The company has about 4,000 employees in Indianapolis.
Quietly—as consumers turned their attention elsewhere—virtual reality has been finding its place in business operations, particularly to make education and training more accessible and less expensive.
Former Angie’s List COO J. Mark Howell is looking for ways to help the state’s advanced-manufacturing and logistics industries navigate a changing technology landscape.
The Lafayette facility—along with factories in Durham, North Carolina, and France—produces the LEAP, a brand-new engine that GE says has the distinction of being the fastest-selling jet engine in commercial aviation history.
With the addition of NetShape Technologies, Westfield’s Metal Powder Products has 1,200 employees in the U.S. and China and annual sales of $200 million.
The funding for Tippecanoe County and nine other counties is intended to help turn the region into a hub for agricultural research and advanced manufacturing.
Cummins said the acquisition is an “important milestone” as it works to introduce its first all-electric engines.
The Lafayette factory produces a brand-new fuel-efficient engine that is locked in a fierce battle for customers with a new engine produced by Connecticut-based Pratt & Whitney.
The Indiana Economic Development Corp. said the Purdue-based partnership will create the nation's most advanced turbine lab for compact gas engines.
The Columbus-based company, known for its diesel engines, says it’s positioning itself for the future in alternative vehicle technologies.