Toyota, Duke to test electric-vehicle technology in Indiana
Toyota Motor Corp. will test and refine electric-vehicle-charging technology in the Indianapolis area under a partnership with Duke Energy Corp. announced Wednesday morning.
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Florida firm takes majority ownership in Remy
A Florida title insurer and mortgage service has increased its ownership of Pendleton-based manufacturer Remy International Inc. to 50.2 percent.
Violations persist after fatality at Shelbyville glass factory
A Shelbyville glass factory has had almost two years to address safety violations resulting from a worker’s death, but the state says the plant still has a lot of the same problems. Pilkington North America faces $150,000 in fines after an Indiana Occupational Safety and Health Administration inspection in March and April.
Allison reports $413M quarterly profit, but lowers forecast
Allison Transmission Inc. on Monday reported earnings of nearly $413 million in the second quarter after losing $17.2 million in the same period a year ago. The Indianapolis-based manufacturer cut its full-year sales-growth forecast.
Elkhart factory to close by 2013, costing 210 jobs
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
Auto parts manufacturer plans 325 jobs in Anderson
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by 2016, economic development officials announced Tuesday morning.
Honda investing $40M in Greensburg, adding 300 jobs
Honda Manufacturing of Indiana LLC, a division of Japan-based Honda Motor Co., said on Wednesday that it will invest $40 million in its Greensburg plant and hire 300 employees later this year as it ramps up production of its compact cars.
Manufacturers help schools fill training void
Manufacturers—bedeviled by an underskilled labor force—seek highly trained graduates. Career centers—struggling with funding cuts—seek support from companies so classes can keep operating.
Carmakers report strong June sales after May slowdown
From mini cars to monster pickups, sales of vehicles charged higher in June and eased concerns that Americans would be turned off by slower hiring and other scary headlines.
Anderson’s former GM plants getting second look
Anderson officials said they are excited that companies have been showing interest in some of the industrial or commercial properties left by General Motors that need or are undergoing environmental cleanups.
Mishawaka factory retools for new wheelchair car model
The AM General factory in northwest Indiana started building the MV-1 car last year for the Vehicle Production Group.
Indianapolis fastest-growing companies run the gamut
This year’s list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging from human resources to office furnishings to construction to home health care and games.
Columbus auto parts maker plans to add 50 jobs
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
Chrysler investment paying off at Kokomo plant
On the cusp of realizing the end result of a historic, $1.3 billion investment in Kokomo's plants, Chrysler officials here and in Detroit, Mich., are riding high.
Police car maker not giving up on Indiana plans
A company with plans for building high-tech police cars at an eastern Indiana factory has added a venture capitalist on board as it tries to raise millions of dollars to get off the ground.
Cummins hires ex-Indianapolis mayoral candidate
Melina Kennedy has joined the diesel engine maker’s corporate communications team and will be responsible for executive communications, research and speechwriting for CEO Tom Linebarger.
Subaru to add 100 jobs as part of $75 million expansion
Subaru already employs 3,600 at its Lafayette facility, with 600 workers added in the past three years. The expansion will ramp up production from nearly 171,000 cars a year to at least 180,000.
Local automotive supplier in line for new city incentive
A shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van’s Electrical Systems invest $427,000 to purchase and rehab a vacant building on the city’s west side.
Honda starts building new Acura hybrid at Greensburg plant
Production of the new Acura hybrid comes after the factory started last year building another alternative-fuel vehicle, the Civic Natural Gas.
Russian investor gives Ener1 fresh start
A Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already home to its core subsidiary, EnerDel.