Defense spending bill leaves out Rolls-Royce jet
The U.S. House committee rejected efforts by some in Congress to spend more money on construction of an extra engine for the F-35 Joint Strike Fighter for the Air Force, Navy and Marine Corps.
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Klipsch steps down as speaker maker CEO
Longtime Klipsch Group executive Paul Jacobs will take the helm, giving the Indianapolis company its first leader not named Klipsch.
Honda set to bump up production, except in Indiana
Honda's North American factories will return to near-normal production at most plants in August, the company said Thursday. However, full production of the Honda Civic, which is built at plants in Indiana and Ontario, might not resume until the end of the year.
Bar Keepers Friend parent lands new headquarters
SerVaas Laboratories Inc. has moved its headquarters to a 65,000-square-foot building on the northwest side after nearly 40 years in its old location.
Metal-framing plant closing to cost 105 jobs
Dietrich Industries will close a plant in Hammond this summer, resulting in the loss of 105 jobs. The company manufactures metal framing and finish products.
Firestone launches test lab in Fishers
Facility is meant to appeal to heavy-truck makers, other manufacturers.
Medical device manufacturer seeks abatement
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend $2.5 million to equip it. The expansion should create 15 jobs.
House panel moves to revive alternate jet engine
A U.S. House panel on Wednesday took a step toward reviving the alternate engine for the next-generation F-35 fighter plane that the Indianapolis operations of Rolls-Royce Corp. had been working on until a month ago.
Calumet turns profit on higher product demand
The Indianapolis-based company reported first-quarter profit of $4.2 million after posting a loss in the year-ago period.
Honda to cut production of new Civic, other models
Honda Motor Co. warned U.S. dealers Monday that it will run short of popular models such as the Civic compact later this summer because of parts shortages caused by Japan's earthquake.
Delta unit Brizo partners with fashion designer Jason Wu
Luxury faucet brand and designer started working together in 2006.
Think hopes to boost sales through Indiana rebate
Electric car maker Think hopes to kick-start sluggish sales through a rebate program available only to Indiana residents.
Rolls-Royce, union strike deal as competition looms
Competition from a new, state-of-the-art Rolls-Royce factory in Virginia drove contract talks in Indianapolis between the company and a union representing 1,700 of its workers here.
Cummins’ profit more than doubles in first quarter
The Columbus, Ind.-based engine maker reported first-quarter profit of $343 million amid continued strength in key international markets and a recovery in the North American truck market.
Pentagon pulls plug on Rolls-Royce engine project
Congress and the General Electric/Rolls-Royce group that was developing the engine were notified of the termination decision Monday. Rolls-Royce had about 130 people, mostly engineers, working on the F-35 project in Plainfield and Indianapolis.
Navistar recalling workers at Indianapolis plant
Navistar has recalled 120 workers who were laid off when Indianapolis Casting Corp. stopped production at the facility in late 2010 and plans to recall 30 more of those workers by June.
Allison to add 200-plus jobs over next two years
Allison Transmission plans to invest $89 million to grow its headquarters and manufacturing operations, creating as many as 205 jobs by 2013.
Federal budget could create headaches for Rolls-Royce
The federal budget crunch already has halted work on a second engine for the F-35 Joint Strike Fighter being developed by General Electric and Rolls-Royce—putting thousands of jobs in jeopardy—and it's not the only aerospace program facing an uncertain future.
Subaru plant plans 4-day production halt on one line
Subaru of America is halting production on one of its Lafayette plant's production lines for four days due to a parts shortage caused by Japan's devastating earthquake and tsunami.
Calumet Specialty hopes to raise $375M to pay off debt
Indianapolis oil-refiner Calumet Specialty Products Partners LP intends to sell $375 million in senior notes to pay off existing debt.