The automaker says it will invest $158 million to build a new service parts facility and add a transmission assembly shop. The 4.7-million-square-foot plant produces about 410,000 vehicles each year.
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The Columbus-based engine-maker said it expects sales to drop another 8% to 12% in 2020, it expects its full-year 2020 revenue to decline between 8% and 12%, mostly because of lower truck production in North America, Europe, China and India
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As the U.S./China trade war drags on, advanced manufacturers in central Indiana are scrambling to determine their best course of action—and there are no easy answers.
Read MoreAmrou Awaysheh, an IU Kelley School of Business assistant professor of operations management, is building an IoT-based system he says can save factories $100 million annually in verified energy savings.
The deal, which includes modest improvements in pay for new employees and promises that the company will bring full-time temporary workers on permanently, passed this week after being voted on by GM’s 47,000 workers.
The Engineering and Polytechnic Gateway Complex is expected to include a component that connects Indiana employers with faculty researchers and students who could serve as future interns or employees.
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.
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-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.
The ongoing pilot shortage has multiple causes and will require multiple solutions, said speakers at the Aerospace & Defense in Indiana breakfast event Thursday.
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.
Connecticut-based Praxair Inc. and the Indiana Economic Development Corp. are funding a workforce-development program in conjunction with Ivy Tech Community College.
