Defense contractor adding 60 jobs in Bloomington
Next Wave Systems LLC will add the jobs by 2014 as part of a $330,000 expansion at its Bloomington facility.
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Cable maker adding 40 jobs at Carmel headquarters
Belden Inc. said it will spend $3.1 million to lease and equip a new 30,000-square-foot facility in Carmel, where its Americas division is headquartered.
Auto stampings plant plans to add 75 jobs in Muncie
Indiana Stampings LLC plans to add 75 jobs by 2013 as part of a $7.3 million expansion that includes leasing and equipping a 155,000-square-foot facility.
Manufacturer plans 35 jobs in Franklin expansion
An Arbor, Mich.-based manufacturer is planning a $10 million expansion to its plant south of Indianapolis that will add 35 more employees, it announced Wednesday.
EnerDel parent expresses major cash-flow concerns
Auditors are reviewing whether Ener1 Inc., which has hundreds of workers in the Indianapolis area, has enough cash to continue operations.
Westfield company wants to add 178 jobs in Jeffersonville
A subsidiary of Westfield-based Revere Industries LLC could add 178 jobs in Jeffersonville in southern Indiana if it wins approval of a property tax abatement.
EnerDel parent says quarterly report will be late
New York-based Ener1 Inc., which engineers and makes batteries in the Indianapolis area at its EnerDel subsidiary, announced Tuesday that it won't file its second-quarter 2011 financial report on time.
Rolls-Royce looks to expand test sites
Rolls-Royce Group, one of the largest employers in Indianapolis, is studying sites in the United States and Germany for new engine test sites.
Hillenbrand to buy Cincinnati business for $240M
Batesville-based company expects to close on its purchase of Cincinnati-based Rotex Global LLC later this month. Rotex makes dry material separation machines.
Franklin Electric moving HQ, 220 jobs to Fort Wayne
Franklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.
Ingersoll-Rand to halt production of SecureKey
Elimination of product is part of settlement with rival manufacturer.
Navistar adding, eliminating factory jobs in Indiana
Navistar International Corp. announced plans Tuesday to create up to 400 factory jobs in northern Indiana while eliminating 250 manufacturing positions in the eastern part of the state.
Herff Jones completes Varsity Brands acquisition
The Indianapolis-based class ring and yearbook maker has completed its acquisition of Memphis-based Varsity Brands, which manufactures and distributes apparel for cheerleading and dance activities.
Cummins profit soars on increased sales
Cummins Inc.'s second-quarter profit more than doubled on a steep increase in sales and a gain on the sale of its exhaust business, the Columbus, Ind.-based engine maker said Tuesday.
Manufacturer plans 400 jobs in Allen County
Iowa-based R3 Composites Corp. plans to establish a manufacturing center in the northeast Indiana town of Grabill, creating as many as 400 jobs by 2014.
Carrier counts on new environmental regulations to drive sales
Carrier Corp.’s plan to invest $36.5 million in its Indianapolis plant hinges in part on how well consumers take to a new platform of high-efficiency furnaces.
Cummins CEO Solso retiring at end of year
Cummins Inc. says Tim Solso will retire as chairman and CEO at the end of the year. The 64-year-old Solso has led Cummins since 2000.
Solar panel maker says Indiana factory on track
A solar panel manufacturer says its plans remain on track to start production at an unfinished auto parts factory in central Indiana. Abound Solar, which projects it could eventually have up to 1,000 employees, said it may begin hiring some workers this year.
Shelbyville manufacturer takes on big name in tumblers
A Shelbyville manufacturer is seeking to cancel a trademark held by Tervis Tumbler Co., which built a $75 million business around making double-walled plastic cups.
Carrier to invest $36.5M in local plant, create 276 jobs
Carrier Corp. has spent $32 million to upgrade equipment in Indianapolis and plans to invest another $36.5 million to start a second production line, creating 276 jobs at the plant. The company is seeking a tax abatement to help offset the costs.