Distilling company plans $66M bottling plant in Indiana
The project from Louisiana-based Sazerac Co. is expected to create up to 110 jobs by 2021.
Manufacturers
Articles
Electric car maker targets Indiana for $160M plant, 467 jobs
SF Motors Inc., a Silicon Valley-based electric vehicle developer and manufacturer, said it could hire as many as 200 workers at the Indiana plant by the end of the year.
Trump launches probe into auto imports, possible tariffs
The Trump administration on Wednesday launched an investigation into whether tariffs are needed on the imports of automobiles into the United States, moving swiftly as talks over the North American Free Trade Agreement have stalled.
Caterpillar plans $73.6 million Indiana expansion, 125 jobs
Heavy equipment and machinery maker Caterpillar plans to make the investment in building improvements, information technology, software and equipment.
Chevy hoping it finally has edge on Honda in Indy 500
As dominant as Chevy has been in racing over the years, Honda continues to have the upper hand in the Indy 500.
Hybrid pioneer Allison sees long road toward electric big rigs
Allison Transmission Holdings’ incoming CEO sees development of fully electric heavy trucks as a longer-term project.
U.S. factory production sees healthy jump on consumer spending
U.S. factories cranked out more appliances, computers and aircraft last month, lifting manufacturing production for only the second time in five months.
Calumet Specialty shows improvement in delayed quarterly report
The Indianapolis-based fuel products refiner again lost money, but the loss was smaller than a year ago and indicated that cost-cutting efforts at the company are having an impact on the bottom line.
Trump health secretary: Drugmakers must help cut prices, or else
Alex Azar, secretary of Health and Human Services and a former executive of Eli Lilly and Co., said Monday that the Trump administration plans to turn up the heat on uncooperative pharma firms.
Allison veteran to ascend to CFO spot in global transmission firm
G. Frederick Bohley, a 27-year veteran of Allison Transmission Holdings Inc., has been named chief financial officer of the Indianapolis-based public company.
Cummins’ shares tumble despite better-than-expected quarter
The Indiana-based engine manufacturer reported a 21 percent jump in revenue, to $5.57 billion.
Allison Transmission beats expectations in first quarter
The Indianapolis-based transmission manufacturer reported higher-than-expected revenue and profit in the latest period.
Cummins considering $3B deal for GE engine business, sources say
A sale of Jenbacher, which makes engines that generate power and heat for industrial facilities, is poised to be GE’s biggest to date in CEO John Flannery’s plan to reshape the company.
Trade tensions put Indiana farmers and manufacturers in crosshairs
As the United States and China face off over tariffs and trade policy, some of Indiana’s most important industries are right at the center of the dispute.
Calumet suffers $84M loss in revised quarterly earnings report
Indianapolis-based Calumet Specialty Products Partners LP suffered a bigger loss in the fourth quarter than the company originally reported almost four weeks ago.
LDI adds Indiana-based firm to its portfolio with new acquisition
Indianapolis-based LDI, which invests in middle-market businesses, is rebuilding its portfolio after losing ownership of Motorsport Aftermarket Group late last year.
World’s biggest toymakers aren’t having much fun these days
There’s trouble in toyland. Sales at the world’s three biggest toymakers—Lego A/S, Hasbro Inc. and Mattel Inc.—slumped during the crucial 2017 holiday season, and the outlook for 2018 isn’t much better.
Jeffboat to close Ohio River shipyard next month
Barge and towboat manufacturer Jeffboat will be ending ship-building operations at the site that stretch back more than 180 years.
Two manufacturers plan new plants in Whitestown, nearly 200 jobs
A food-packaging maker and one of the world’s largest bearing manufacturers have plans to spend more than $22 million and lease more than 400,000 square feet of space in Boone County if tax incentives are approved.
U.S. durable goods orders rise at fastest pace since June
Led by a surge in demand for commercial aircraft, U.S. orders for long-lasting manufactured goods rebounded in February.