Young says Indiana companies stand to benefit from shipbuilding bill
The SHIPS Act would establish a “Strategic Commercial Fleet” of 250 U.S.-flagged vessels over the course of a decade.
Manufacturing
Wisconsin-based Faith Technologies to build $67.5M manufacturing plant in Hendricks County
The company said it plans a 500,000-square-foot manufacturing facility that will create up to 200 skilled manufacturing and electrical jobs by the end of 2027.
Lilly spending $1.8B to update Indianapolis manufacturing operations
The Lilly Technology Center investment includes expanding existing capabilities and the establishment of new production lines.
Purdue’s president: Universities must adjust to the new realities of AI
Speakers at IBJ’s Technology Power Breakfast, including Purdue University President Mung Chiang, talked about the changes that artificial intelligence is bringing and what people can do to be ready.
GE Aerospace investing $65 million in Indiana plants
The largest share of the 2026 investment will go to GE Aerospace’s plant in Indianapolis, which makes combustors and structural engine components.
South Korean manufacturer to build first US plant, add more than 300 jobs in Indiana
Hanjung America plans to build the facility on 133 acres in the Riverfork West Industrial Park, the Indiana Economic Development Corp. announced Thursday.
Q&A: How a welding company ventured into specialty golf equipment
Michael VanDeventer and Ted Roark of Roark Custom Golf Works talked with IBJ about the company’s foray into golf clubs and what it means to lead a family business into the 21st century.
Cummins offering up to $1,000 to truck owners for software recall
Cummins is offering eligible Ram truck owners up to $1,000 to encourage them to complete an emissions-related recall tied to a record-setting environmental settlement.
Results-oriented approach led President Jill Ehnes up Delta Faucet ladder
Ehnes talked to IBJ about how she advanced through Delta to lead the company, her favorite products and technologies, and her leadership style.
Stellantis seeks to exit battery venture with Samsung as EV losses mount
Stellantis and Samsung SDI formed their Indiana joint venture, StarPlus Energy, in 2021 and began production at a $2.5 billion battery manufacturing plant in Kokomo three years later.
Stellantis shares plunge on $26B in charges tied to EV retreat
The writedowns, much of which will cover the cost of canceling EVs and compensating suppliers, exceed the impairments Ford Motor Co., General Motors Co. and Porsche AG have announced in recent months.
Indiana bicycle manufacturer’s push puts it at odds with much of industry
Guardian Bikes has proposed to the federal government that aluminum and steel in imported bicycles, bicycle frames and certain parts, as well as e-bikes, be subject to an additional 50% tariff.
Pharmaceutical company planning to employ 300 workers in Greenfield
The plant will focus on serving health care companies by developing and commercializing medical devices, drug delivery systems and combination products.
Court of Appeals rules lower court must dismiss lawsuit against gun industry
A 2024 state law that stripped all Indiana municipalities of their authority to sue the gun industry is constitutional, the Indiana Court of Appeals ruled Monday.
Dormakaba to acquire Clarksville-based turnstile company
Avant-Garde Systems Inc. has been one of the fastest-growing companies in the Louisville area in recent years.
Mission-driven Indy furniture maker partners with national distributor
In reaching its first large-scale supply agreement, Purposeful Design intends to further its mission of training and employing men who have experienced homelessness and addiction.
Citizens Energy ready to start work on Lebanon water project
Construction is set to begin early next year on a $560 million project to send millions of gallons of water each day to Lebanon to meet the demands of the state’s 9,000-acre LEAP Research and Innovation District.
Trump outlines plan to unwind Biden-era car mileage mandates
The Transportation Department proposal represents the administration’s latest bid to unwind a suite of policies spurring electric vehicle production that Trump has derided as an “EV mandate.”
Trump plans to weaken vehicle mileage rules in bid to reduce vehicle prices
The proposal would significantly reduce fuel economy requirements, which set rules on how far new vehicles need to travel on a gallon of gasoline, through the 2031 model year, according to sources.
Indiana’s congressional delegation unites behind FAA drone test site bid
A letter to the Federal Aviation Administration highlights Indiana’s manufacturing, research and military assets as strengths in the national competition.