Toyota Automated Logistics is also in the process of moving its headquarters for the Americas to Noblesville from Carmel.
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Stellantis NV plans to develop cars with Jaguar Land Rover in the US, the latest step in a deep overhaul for the maker of Jeep sport utility vehicles and Ram trucks.
Read MoreDemand for the program was exceptionally high, and funds were exhausted each year. But the Legislature didn’t fund the program in the state’s current budget.
In the 10 years that Hall has been co-owner of the franchise that covers Indiana, Illinois, Kentucky and Ohio, the company has become downright “obnoxious about our values,” he says.
While the world’s biggest carmaker has held steady despite a global slowdown in EV demand and the cost of US tariffs on cars and parts, the bigger test for the auto industry will be the degree of disruption from the Middle East conflict.
Filosa said he was optimistic about swinging back to profit in North America, where the company reported a $1.1 billion loss during the second half of the year, following writedowns and charges.
Michael VanDeventer and Ted Roark of Roark Custom Golf Works talked with IBJ about the company’s foray into golf clubs and what it means to lead a family business into the 21st century.
Ehnes talked to IBJ about how she advanced through Delta to lead the company, her favorite products and technologies, and her leadership style.
The rise is being fueled by near-term supply tightness and bets that demand for the metal key in electrification will outpace production.
INCOG, which now employs just more than 400 people in Fishers, plans to have nearly 1,000 people working at its 21-acre campus by 2030.
Still, consumers remain troubled by a stubbornly high cost of living, which has been a major drag on sentiment this year.
GE Appliances announced Thursday it has awarded more than $150 million in new contracts to U.S.-based suppliers as a result of its decision to shift production from China to Louisville.
Stellantis is the 22nd-largest employer in Indiana with about 6,100 full-time Hoosier employees, according to IBJ research.
Hillenbrand Inc., one of Indiana’s largest public companies, is set to become private after being acquired by an investment firm headquartered in Dallas, the company announced Wednesday.
The company had previously said it would make additional investments in several of its Kokomo facilities to produce an all-new vehicle.
BorgWarner closed the 103,000-square-foot facility, which was built in 2018, earlier this year as part of restructuring efforts.
Festool has about 90 employees in Lebanon, where the company’s U.S. corporate headquarters and U.S. repair facilities are located. All of the company’s tools are made in Germany and the Czech Republic.
At the same time, there were a few hopeful signs about the outlook. Orders expanded for the first time since the start of the year.
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.
Documents show sanitation problems similar to those that led to listeria contamination persist at three other company sites—including the company’s Indiana plant.
The deal with DuPont, Chemours and Corteva is the largest such settlement in the state’s history.
Under President Donald Trump’s new tax-cut law, many people for the first time could claim a tax deduction for interest on their vehicle loans. But there are caveats, including whether the vehicle was assembled in the U.S.
