Survey: U.S. factory activity rises to near a 3-year high
U.S. factories expanded at a robust pace in June, a likely sign of strength for the U.S. economy as new orders, production and employment each improved.
Manufacturers
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Retirement ‘bittersweet’ for union boss who challenged Trump
Chuck Jones grabbed headlines in December after he publicly accused then-President-elect Donald Trump of lying about how many jobs he was saving in a deal with furnace and air conditioner maker Carrier Corp.
Cummins to announce $80M in Columbus projects with state, local officials
One of the projects will be located at the global headquarters of the Fortune 500 engine maker, and the other will involve construction of a new railroad overpass in the city.
Indiana potato chip factory closes doors after 89 years
Peerless Potato Chips Inc., a renowned brand in northwest Indiana, has gone out of business.
Rexnord’s local plant closing delayed until September
Plant union president Don Zering said Thursday that about 110 workers remain at the factory, down from about 350 workers when the closing was announced in October.
2017 Indiana 100: Cummins aims to transform trucking through tech
Q&A with Sherry Aaholm, Cummins Inc.: “My mother, early on, taught me the value of hard work, the value of recognizing diversity, the value of recognizing engagement and the fact that you’re just as powerful to do what you want to do.”
Cummins to launch its first all-electric products in 2019
The Columbus-based company, known for its diesel engines, says it’s positioning itself for the future in alternative vehicle technologies.
No injuries reported in chemical spill at Indianapolis plant
The Wayne Township Fire Department said the spill of a chemical used in automotive adhesive was reported shortly after 4 a.m. Tuesday at Vertellus Specialties Inc. on the city's southwest side.
Auto industry supplier plans $40M manufacturing facility, 180 hires
Canada-based Multimatic Inc. says the 125,000-square-foot facility should be in operation in New Haven by the end of the year.
Swiss company settles in after blockbuster acquisition of Best Access
Stanley Black & Decker’s signs finally are coming down at the Best Access Solutions building at 75th Street and Binford Boulevard after a big acquisition in February by Dormakaba Group.
Indiana’s nation-leading steel production up 5 percent
The American Iron and Steel Institute said Indiana was the top steel-producing state for the 42nd straight year during 2016.
New use hoped for polluted area parts plant
The site in Noblesville has gone unused since Bridgestone Firestone closed its 300-worker air-spring manufacturing plant in 2009.
Hurco reports profitable quarter on higher revenue
Hurco said the overall rise in sales was “primarily attributable to an increased sales volume of vertical milling machines from all product lines.”
U.S. auto sales drop for fifth straight month
Economic fundamentals all look good, but sales still are likely to fall this year because pent-up demand for new cars has been satisfied and many people have decided to keep their automobiles longer.
U.S. factories report faster growth in monthly report
American factories grew at a slightly faster pace in May, another sign that manufacturing remains healthy.
Five ways IoT, innovation will change the way we stay secure
IBJ asked Allegion futurist Rob Martens to tell us how security technology will change our lives moving forward. His answers are as much about information and data as they are about physical barriers.
Carrier releases official Indianapolis layoff numbers
More than a year after the local shutdown announcement that landed Carrier Corp. in the national news, the manufacturer has finally released an official count of the number of jobs it plans to cut.
Label maker DuraMark sees ‘immense’ growth prospects
The company says it patented all-digital production process allows it to produce labels faster, cheaper and in smaller quantities than by the traditional screen printing method.
Calumet posts $6 million loss, still beats analyst expectations
The Indianapolis-based refinery company’s financial results, released Thursday morning, showed marked improvement over the same period a year ago.
BorgWarner plans to spend $28M on new Noblesville tech center
BorgWarner Inc. is set to close two technical centers in central Indiana and consolidate them into a newly constructed facility in Noblesville that will house more than 300 high-wage employees, the Hamilton County city announced Wednesday afternoon.