Fuji Heavy Industries Ltd., the maker of Subaru cars, will stop making Camry cars in the U.S. for its largest shareholder, Toyota Motor Corp., in the second half of 2016. About 100,000 Camrys are made annually at the Indiana plant.
Yorktown-based Mursix Corp. on Thursday announced plans for a headquarters expansion that’s expected to create 108 jobs by 2017.
Pendleton-based manufacturer Remy International Inc. saw profit rise to $9.5 million in the first quarter, up from $1.8 million in the same period of 2013.
U.S. car buyers came out of hibernation in April to spend on pickup trucks and SUVs, fueling an auto sales rebound that analysts expect to last the rest of the year.
Jasper Engine & Transmission Exchange expects to buy, renovate and equip a 220,000-square-foot facility near its headquarters in the southwest Indiana city.
The Columbus-based manufacturer reported a profit of $338 million as revenue increased 12 percent.
A subsidiary of TOA Industries Co. Ltd. plans to spend $72.1 million to construct and equip an additional 360,000 square feet of manufacturing and warehouse space at its existing facility in Morgan County.
Economists don't expect explosive global or corporate growth this year, but the improving big economies of the U.S. and Europe will likely inspire companies to further increase spending on high-priced equipment.
EnerDel Inc. CEO David Roberts has resigned and chief operating officer Michael Canada will replace him on an interim basis, the Indianapolis lithium-ion battery manufacturer announced Thursday afternoon.
Citing poor economic conditions, ATI Casting Services plans to shut down its metal-casting factory by the end of June.
Indianapolis-based Calumet Specialty Products Partners LP plans to lower its leverage by increasing earnings rather than cutting debt that is rising by 35.6 percent this month.
Subaru, which added more U.S. market share than any international carmaker last year, is pushing ahead with U.S. expansion plans as it awaits a Toyota’s decision on whether it will keep building Camrys at Subaru’s Indiana plant.
Chrysler expects to have up to 850 workers at the Tipton factory, with a goal of it producing 400,000 transmissions by year’s end.
Jasper-based MasterBrand Cabinets Inc. expects to boost the work force and capacity at its Ferdinand operations, which already employ 1,500.
So far this year, automakers have recalled about 9 million vehicles in the U.S. If that pace continues, the nation would break the record of 30.8 million recalled vehicles set in 2004.
The death of one worker and an injury to another prompted investigations at Pilkington North America’s plant in Shelbyville.
Harvey, Ill.-based steel processor LB Steel is looking to move to the site and employ about 400 to 450 workers.
A company that once planned to make Indiana home to the largest bioplastics manufacturing facility in the world is going out of business.
Nine workers at a Rolls-Royce aircraft-engine assembly plant near the Indianapolis International Airport were injured Friday when a tank of nitric acid exploded and filled the building with a cloud of corrosive vapor.
Nothing less than the future profitability of commercial airlines rides on the jet engine that GE Aviation will assemble in Lafayette.
