Carbon Motors still part of plan to revive Connersville plant
The maker of high-tech police cars would occupy about a third of the plant if buyer of facility makes good on $4 million purchase offer.
The maker of high-tech police cars would occupy about a third of the plant if buyer of facility makes good on $4 million purchase offer.
Subaru reported August sales up more than 35 percent from a year ago, joining other automakers in pushing U.S. sales to their highest level in three years. That could lead to increased production at its central Indiana factory.
Bill Simpson, famous for pioneering multiple advances in auto-racing safety, has turned his attention to a new sport. His new company, SGH Helmets, is making a football helmet that Simpson hopes will help prevent concussions.
Locally based EnerDel, maker of fuel-efficient lithium-ion batteries, is steering away from the disappointing electric-vehicle market. Its new strategy: batteries for utilities—especially in emerging markets where electric grids can be unreliable, which increases the need for backup power supplies.
Pilkington North America faces $453,000 in proposed penalties after state inspectors detected 29 new safety violations at the plant, according to agency documents.
A Florida title insurer and mortgage service has increased its ownership of Pendleton-based manufacturer Remy International Inc. to 50.2 percent.
Leaders of a central Indiana city are trying to persuade Nestle to pick it for a new production line at an existing plant that could add about 100 jobs.
A Shelbyville glass factory has had almost two years to address safety violations resulting from a worker’s death, but the state says the plant still has a lot of the same problems. Pilkington North America faces $150,000 in fines after an Indiana Occupational Safety and Health Administration inspection in March and April.
Sugar Creek Packing Co.'s $13 million bid was the only offer submitted for the plant, which is near Cambridge City in eastern Indiana.
Allison Transmission Inc., the locally based maker of transmissions for trucks, buses and the military, set the interest rate it will pay on a $500 million term loan the company is seeking to refinance debt.
Lippert Components Manufacturing Inc. and Kinro Manufacturing Inc., divisions of White Plains, N.Y.-based Drew Industries Inc., said they will bring the jobs to Elkhart and Goshen by 2015 as part of a $3.7 million expansion.
Whirlpool Corp. announced Monday it plans to shut down the last of its operations in a southern Indiana city, a plant that employed more than 1,500 workers a few years ago.
The maker of luxury soaps and other hotel toiletries has moved its headquarters from Indianapolis to a bigger facility in Plainfield, where it plans to add 40 employees within six months.
The Indianapolis-based company said Wednesday morning that profit soared to $65.7 million compared with a loss of $7.7 million in the second quarter of 2011.
Engine manufacturer Cummins Inc. on Tuesday reported lower profit and revenue in the second quarter, but the results exceeded Wall Street expectations.
Allison Transmission Inc. on Monday reported earnings of nearly $413 million in the second quarter after losing $17.2 million in the same period a year ago. The Indianapolis-based manufacturer cut its full-year sales-growth forecast.
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by 2016, economic development officials announced Tuesday morning.
The automaker is asking the Indiana Utility Regulatory Commission to look into its dispute with Duke Energy—and order the utility to return a deposit it required to keep the power on at Chrysler's Kokomo plants.
California-based manufacturer DrillingWorld plans to expand its operations in Shelbyville, adding as many as 30 jobs by 2015.