United Technologies, Raytheon to combine as defense giant
Both companies have major operations in Indianapolis, although United Technologies is already preparing to shed its Carrier Corp. business.
Advanced Manufacturing
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Global defense firm Saab plans $37M facility, 300 jobs in Indiana
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 to build major testing facility in Speedway
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 pursues big contract that could boost local jobs by 150
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.
Westfield sees advanced manufacturing as new growth engine
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.
Indiana has good corporate citizens, but improvements still can be made, panelists say
Business and political leaders at the annual Engage Indiana event stressed the importance of public and private collaborations in helping improve communities and retain workers.
Indianapolis manufacturer planning move to Westfield
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.
United Technologies to break into three independent companies
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.
Republic Airline exec: Industry’s pilot shortage has wide-ranging implications
The ongoing pilot shortage has multiple causes and will require multiple solutions, said speakers at the Aerospace & Defense in Indiana breakfast event Thursday.
Rolls-Royce preparing to cut 4,600 jobs across the world
About 3,000 of the cuts will affect United Kingdom employees. The company has about 4,000 employees in Indianapolis.
2018 Innovation Issue: Is virtual reality already dead? Or just getting started?
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.
New Conexus CEO wants Hoosier businesses to embrace cutting-edge technology
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.
GE engine factory in Lafayette feeding roaring global demand
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.
Indy-area manufacturer of metal components buys similar firm in Floyds Knobs
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.
Lilly Endowment awards $39M to bolster counties in north-central Indiana
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 to acquire Oregon-based battery-pack developer
Cummins said the acquisition is an “important milestone” as it works to introduce its first all-electric engines.
Praxair helping fund workforce program
Connecticut-based Praxair Inc. and the Indiana Economic Development Corp. are funding a workforce-development program in conjunction with Ivy Tech Community College.
GE Aviation’s $110M jet-engine factory on path to employ 230 by 2019
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.
Purdue, Rolls-Royce, state launch $24M partnership to advance aircraft engines
The Indiana Economic Development Corp. said the Purdue-based partnership will create the nation's most advanced turbine lab for compact gas engines.
Cummins to launch its first all-electric products in 2019
The Columbus-based company, known for its diesel engines, says it’s positioning itself for the future in alternative vehicle technologies.