The Columbus-based manufacturer of diesel engines said it will add 290 jobs in Seymour as part of a major expansion that will include new warehouses, additional engineering, production and testing facilities, and a new office building.
Allison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
ThyssenKrupp Presta Terre Haute LLC plans to spend $22 million to add three assembly lines and expand its manufacturing facility in Vigo County by nearly 70,000 square feet.
Production of the new Acura hybrid comes after the factory started last year building another alternative-fuel vehicle, the Civic Natural Gas.
The British engine maker received a $151 million contract to continue making engines for the V-22 Osprey.
SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.
The idea is to send middle and high school students the message that there are plenty of jobs in engineering.
Shares of Indiana-based Wabash National Corp. jumped Tuesday after the maker of truck trailers said it would diversify its business by purchasing liquid-transportation company Walker Group Holdings LLC for $360 million.
Indiana logistics firms and their manufacturing clients could gain new export opportunities to China if the country follows through on plans to reduce taxes on imported goods.
Evansville-based Berry Plastics Group Inc., a container maker owned by funds affiliated with Apollo Global Management LLC, on Friday filed to sell up to $500 million of stock in an initial public offering.
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
Mansfield-King LLC is asking the city for property tax abatements as part of its efforts to create the jobs by 2016 through a $3 million expansion. The company currently has 45 employees.
About 3,200 visitors are in the city as part of the International Sleep Products Association’s biennial event, which showcases the latest technology in mattress manufacturing.
Shares of Allison Transmission Holdings Inc. are expected to begin trading Thursday, but the early reaction to the IPO from analysts is lukewarm. The locally based company’s private-equity owners are offering 21.7 million shares for $22 to $24 apiece, which could raise as much as $522 million.
Hurco Companies Inc. said its fiscal first-quarter profit soared 200 percent over the same period a year ago, driven by strong sales increases in Europe.
Peyton Manning’s change of address is likely good news for Nike Inc., which replaces Reebok International Ltd. next month as the maker of National Football League-branded apparel and uniforms.
Cummins Emissions Solutions, which celebrated its 10-year anniversary last week, began with 11 employees within the Indiana-based company's filtration business. Today, the emissions group employs 1,400 people around the world, including 400 in Columbus.
Rolls-Royce Corp. plans to invest $42 million to set up a new manufacturing plant in Indianapolis and create 100 jobs by 2014, the company announced Tuesday morning.
Leading indicators for Indiana’s economy are looking up: Banks are increasing lending, real estate developers are pulling the trigger on long-shelved projects, manufacturers are expanding, and consumers are even buying big-ticket items, including automobiles.
Indianapolis-based MainGate Inc. is in hot pursuit of the NFL’s exclusive Super Bowl on-site merchandise contract. And it might not be the only local company pursuing the multimillion-dollar deal.
