Calumet, which acquired Muncie-based Paralogics LLC in March 2020, now says it plans to expand the facility and hire up to 20 more employees there by 2025.
Overall, industrial production—which includes manufacturing, utilities and mining—posted a 0.9% increase, the best performance since a 2.8% surge in March.
Declaring the United States must “move fast” to win the world’s automaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of nationwide sales by the end of the decade.
Manufacturers have struggled in recent months with supply-chain bottlenecks that have made it difficult for them to get computer chips and other necessary components for their products.
Yadav runs Indianapolis-based Quest Safety Products, which managed to grow sales 62% last year despite the wrench the pandemic threw into the global economy. Now, the company is investing $5.5 million in a 58,000-square-foot facility in the Park Fletcher area.
The shutdowns have affected plants in Michigan, Kentucky, Kansas, Mexico, Canada and Germany.
Bill Clinton, George W. Bush, Barack Obama and Donald Trump each said their policies would save manufacturing jobs, yet none of them broke the long-term trend in a lasting way.
The project was given a final, and unanimous, approval by the city’s Metropolitan Development Commission—the last step necessary to allow the city to request the funds from the Indianapolis Bond Bank.
The new program, Cummins Water Works, will focus on improving access to safe water in the U.S., Mexico, Brazil, India and South Africa.
Conexus’ new president and CEO, Fred Cartwright, has held a variety of innovation-focused leadership positions in the manufacturing industry, including at Allison Transmission, General Motors and an automotive research facility affiliated with Clemson University in South Carolina.
June was the 13th consecutive month manufacturing has grown after contracting in April 2020, when coronavirus fears triggered business shutdowns across the country.
The company said it plans to phase out all of its gasoline-powered vehicles in North America by 2040, making it the latest major automaker with a goal of becoming carbon neutral.
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth.
Companies that map their supply chains can gain insights into where its various tiers of suppliers are located, the relative importance of each supplier and other critical data points, industry experts said at an IBJ event Friday.
Stevanato Group, a producer of syringes, vials and glass containers, announced Wednesday it will spend $145 million to build and equip a 370,000-square-foot facility in Fishers.
The Decatur plant produces ice cream products for the Mayfield Dairy, Dean’s Country Fresh and Friendly’s brands.
The factories would be in addition to two battery cell plants that the company announced in the past two years, both geared to ramp up production as GM rolls out 30 new electric vehicles globally by 2025, with more than two-thirds sold in North America.
Daechang, which makes seating components for Kia, Hyundai and Subaru, established its North American headquarters in Indianapolis in 2017. The Franklin facility would be its second local site.
Ludo Fact USA LLC announced plans Tuesday to boost operations in Lafayette, adding up to 114 workers by the end of 2024.