Eli Lilly to build $3B manufacturing site in Netherlands
The facility is expected to produce oral medications, including Lilly’s highly anticipated GLP-1 pill for weight loss, orforglipron.
Advanced Manufacturing
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Stellantis announces $13B investment in US facilities, including Kokomo
The company had previously said it would make additional investments in several of its Kokomo facilities to produce an all-new vehicle.
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GE Appliances shifts more production to US as part of a $3 billion investment
The majority of GE Appliances’ production is already in the U.S. and the shift means only that the company will transfer more work to its domestic plants.
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Q&A with Stefano dePonti on Dallara USA’s interest in racing, defense and education
Last year, Purdue University announced plans to occupy a portion of Dallara’s downtown Speedway facility as part of a new partnership meant to further develop the university’s Indianapolis presence, including its motorsports engineering program.
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Cummins withdraws 2025 financial guidance over tariff uncertainty
Cummins Inc. has become the latest in a string of companies to withdraw its 2025 guidance.
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Articles
Eli Lilly plans to make highly anticipated weight-loss pill at new $6.5B Texas plant
The $6.5 billion Houston-area plant is part of the drugmaker’s commitment to add four U.S. manufacturing sites through a $27 billion reshoring investment unveiled early this year.
Cook to design interventional MRI devices in pact with Siemens Healthineers
The companies are creating the Interventional MRI Suite, the first integrated, ionizing radiation-free product providing clinicians with real-time guidance for procedures.
Mears Machine Corp. leaning into 3D printing as growth vehicle
Founded by Ron and Clara Mears in 1966, Mears Machine makes precision metal parts for the aerospace, marine, medical, racing and transportation industries.
Purdue adds slew of ‘job-ready’ academic programs at Indianapolis campus
Over the next two years, Purdue will launch 15 new academic offerings spread between undergraduate and graduate degrees and a few certificate programs.
Allison Transmission reduces full-year sales, profitability expectations
Indianapolis-based Allison Transmission Holdings Inc. outperformed analysts’ expectations in the second quarter, but the manufacturer also says its full-year revenue and profits will likely be lower than it had previously expected.
Kimball Electronics plans to open new manufacturing facility in Indy, add 345 employees
Kimball plans to occupy 307,000 square feet in the 584,820-square-foot Commerce Center Building 1, which was constructed in 2023 on South Post Road.
SK Hynix project wins key zoning approval after community uproar extends meeting until morning
The South Korean chip maker’s proposed $3.87 billion manufacturing campus in Indiana is still on track after the West Lafayette City Council approved the request following a 7-hour public meeting.
Advanced manufacturing training program is evolving to better prep workers for Industry 4.0
Conexus wants to move its Catapult programming on-site with manufacturers that want to hire Catapult graduates. And it plans to reduce its own role in the program.
Despite CHIPS Act uncertainty, semiconductor industry insiders remain hopeful
President Donald Trump has spoken out against the CHIPS Act, meant to incentivize semiconductor-related development in the U.S., but industry insiders say they’re optimistic the initiative will survive.
Q&A with the head of Lilly manufacturing, who meticulously tracks gains in work, life
“People come together, operators, with their supervisors at 6 a.m. every morning, and they talk about what issues they have and how they propose to solve it. Those get escalated through all levels of management.”
Lebanon planning board OKs design for Lilly Medicine Foundry at LEAP District
The foundry will give the pharmaceutical maker the ability to research new ways of producing medicines.
2024 Newsmaker: Lilly CEO David Ricks
Ricks—IBJ’s newsmaker of the year in 2023—returns to the newsmaker list in 2024 after a year that included a stock price that skyrocketed to an all-time high of $972 and announcements about big new investments in Lebanon and Ireland.
Feds finalize deal to give SK Hynix $458M for West Lafayette facility
The chip manufacturer announced plans in April to open a 430,000-square-foot building spanning 90 acres in the second half of 2028.
Entek officially receives $1.2B DOE loan for Terre Haute plant
When operational, the facility will produce battery separators for lithium-ion battery manufacturers across the country, primarily for use in electric vehicles.
Ivy Tech certificate program aims to boost microelectronics skills
The program is part of an ecosystem of higher education institutions ramping up programs to meet the state’s future needs.
Allison Transmission investing $100M-plus to expand production in India
Indianapolis-based Allison Transmission plans to add 200,000 square feet to its manufacturing facility in Chennai, India, the company announced Thursday, doubling its manufacturing footprint at the site.
Hillenbrand makes $55M real estate deal for two Ohio properties
The agreement calls for Hillenbrand Inc.’s Ohio-based subsidiary, Milacron LLC, to sell the two Ohio properties, then lease them back for about $5 million per year.
Lilly to make $1.8B investment in two Ireland manufacturing facilities
The expansion projects will boost production of medicines for Alzheimer’s disease, diabetes and obesity.
Justice Department pushes Boeing to plead guilty in 737 Max crash case
The deal includes just over $487 million in penalties—the statutory maximum—although Boeing would only have to pay half because it is receiving credit for payments it made as part of a previous agreement.