2025 Corporate 100: Vera Bradley seeks to reinvigorate brand with new materials, silhouettes
Chief Marketing Officer Alison Hiatt explains the rebranding strategy and explains what has been working as the company tries to recover from lagging sales.
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Allison Transmission to acquire Dana Inc. business unit for $2.7 billion
The business unit employs about 11,000 people in 25 countries. Allison did not specify if any jobs would be negatively affected by the deal.
Caterpillar planning $60M expansion in Lebanon that would add nearly 700 jobs
The company plans to expand its existing 600,000-square-foot facility in Lebanon Business Park.
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.
Trump to offer automakers some relief on tariffs over worries they could hurt factories
Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide.
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.
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.”
European packaging company to build $110M plant in Anderson
The new, 350,000-square-foot facility is expected to employ more than 100 people after becoming fully operational.
Honda: No announcement made regarding Indiana plant, despite reports and Trump nod
The president may have been referencing earlier reports that the Japanese automaker was planning to move some production from Mexico to Indiana in response to impending tariffs.
Report: Honda moving Civic production from Mexico to Indiana as Trump tariffs loom
The next-generation Civic hybrid was set to be produced in Guanajuato, Mexico, in 2027, according to Reuters, but will now be based in Indiana beginning in 2028.
BorgWarner to close Noblesville facility, cut jobs in restructuring effort
The Michigan-based company told IBJ that work has been underway since October to move employees from the Noblesville Technical Center to a similar facility elsewhere in Indiana. More than 20 people are expected to lose their jobs in the transition.
Allegion plans to acquire Australian company that makes door hardware
Allegion, which has made several acquisitions over the past year, is headquartered in Ireland, but its Americas division is based in Carmel.
Survey: Tell us how your company will be affected by tariffs
IBJ wants to hear your thoughts about tariffs, how President Donald Trump’s proposals are impacting your organization and your story ideas related to trade.
Biden will decide on US Steel acquisition after influential panel fails to reach consensus
Nippon Steel of Japan has pledged to invest $2.7 billion in U.S. facilities, including blast furnaces in Gary and in Pennsylvania.
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.
Nissan, Honda confirm talks on closer collaboration but cool merger speculation
Nissan’s share price soared more than 22% after reports citing unnamed sources said it might merge with Honda to form the world’s third-largest automaking group.
IBJ Podcast: Mission of Indy furniture maker ‘is about building other people up’
More than 240 people who have struggled with addiction, homelessness, incarceration and other obstacles have been employed and trained by Purposeful Design. And sales of its high-end furniture cover most of the cost of operation.
Elanco buys manufacturing facility in England for $25M
Greenfield-based Elanco said the facility has played a vital role in producing a number of product lines for the firm, representing $160 million to $180 million in annual farm animal revenue.
Pridgeon & Clay to close Franklin manufacturing plant
The manufacturer said the move will affect 125 workers.
Boeing to lay off 10% of employees as strike by factory workers cripples production
About 33,000 union machinists have been on strike since Sept. 14. Two days of talks this week failed to produce a deal.