The global firm with extensive Indiana operations plans to occupy a 40,000-square-foot building to be constructed in the Purdue Research Park Aerospace District, a 980-acre technology park in West Lafayette.
The company makes entry doors and security products that almost everyone has used but the company remains not that well known.
Allison Transmission Holdings Inc. saw revenue and sales slip in the second quarter as global demand for its products waned, the Indianapolis-based manufacturer announced late Monday.
Defense contractor Harris Corp. plans to move about 360 jobs from Indiana to Rochester, New York, over the next year, the company disclosed Wednesday.
Purdue officials said the facility will support research focusing on development of lighter-weight composite materials that can be used in aerospace, aviation, automotive, energy and sporting equipment.
More than 80 budding engineers will build and work with machines as part of a new program designed to give students experience in manufacturing.
Speakers at an IBJ breakfast on manufacturing and logistics said the public and private sectors must do more to get students thinking about manufacturing as a career and encouraging them to pursue the training they need to succeed in the field.
The defense contractor is on the cusp of investing hundreds of millions of dollars to modernize its Tibbs Avenue factory, Rolls-Royce officials revealed Tuesday at IBJ's aviation and aerospace event.
Effort in Indianapolis will try to entice manufacturers to rethink areas they abandoned.
Gov. Mike Pence, Raytheon executives and officials for the Indiana Economic Economic Development Corp. have scheduled a Monday afternoon press conference at Raytheon Technical Service Co. LLC to officially announce the local expansion.
The Indianapolis-area Rolls-Royce production facilities will handle the bulk of the work for three contracts totaling up to $442 million.
Every plant announced for North America since 2009 has gone to Mexico. The upshot is not only few assembly jobs, but fewer jobs and businesses that feed off of the massive operations.
The company announced plans for the $100 million factory in March, with officials saying they anticipated hiring more than 200 workers within five years.
The advanced manufacturing and logistics advocacy group will use the grant for programs, outreach and research for the state’s largest industry sector.
Among the goals of the partnership are to lower manufacturing costs, improve speed and drive innovation. The partnership also will create educational opportunities for Purdue students.
EnerDel is regrouping under a strategy of targeting niche markets—a plan that has convinced Indianapolis and Hancock County officials to back off threats to yank economic development incentives.
CEO Doug Oberhelman said Tuesday that government overhauls and an aggressive economic development policy have made the state among the most attractive for investment.
The Indianapolis-based machine tool maker reported Friday morning that profit in the latest quarter shot up more than 400 percent as sales and fees increased 25 percent.
Hendricks County finds pay dirt pitching skills of racing industry to medical device manufacturers.
A recession and rising international competition kept Indianapolis-based Vertellus Specialties Inc. from soaring as quickly as its owners planned, but the company’s chief says the chemical maker—a leading manufacturer of Deet insect repellent—still will be put up for sale.
