Stellantis announces job cuts at Indiana EV battery plant
StarPlus Energy LLC, the joint venture between global automaker Stellantis and Samsung SDI, is laying off workers, Stellantis announced Wednesday.
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Allison Transmission reduces full-year sales, profitability expectations
Indianapolis-based Allison Transmission Holdings Inc. outperformed analysts’ expectations in the second quarter, but the manufacturer also says its full-year revenue and profits will likely be lower than it had previously expected.
Thousands of Midwest Boeing workers who build fighter jets, weapons go on strike
The vote followed a weeklong cooling-off period after the machinists rejected a proposed contract that included a 20% wage increase over four years and $5,000 ratification bonuses.
Trump’s EPA targeting key vehicle-emissions rules. Here’s what that means for carmakers.
The Environmental Protection Agency’s plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.
Stellantis CEO targets US turnaround as carmaker faces $1.7B hit from tariffs
Of the 16 million cars Stellantis produces for sale in the U.S. market, 8 million are made in domestic plants, and another 4 million in Canada and Mexico—all with a large number of U.S. components.
Drug manufacturing facility offers new hope in cancer fight
New Jersey-based drugmaker Bristol Myers Squibb this month dedicated its first production facility in Indiana, a former north-side warehouse transformed with $160 million into a clean-room manufacturing site for radiopharmaceutical cancer therapies.
US automakers say Trump’s tariff deal with Japan puts them at disadvantage
U.S. automakers say they will face steeper import taxes on steel, aluminum and parts than their competitors.
Stellantis warns of $2.7B loss in first half due to tariffs, big changes
The automaker, which earlier this year laid off workers in Kokomo, anticipates an impact of about $351 million for net tariffs incurred, as well as planned production losses.
Manufacturing stuck in rut despite subsidies from Biden, protection from Trump
The Institute for Supply Management, an association of purchasing managers, reported that manufacturing activity in the United States shrank in June for the fourth straight month.
Nippon Steel looking to double its steel output in United States within 5 years
At U.S. Steel, Nippon Steel plans to invest $11 billion by 2028 to upgrade aging production facilities. The plan includes at least $3.1 billion in investments for the Gary Works mill in Indiana.
Fairbanks Foundation awards $13M to create new statewide apprenticeship program
The first students in the Career Apprenticeship Pathway, or INCAP, will start in fall 2026 and split time between school and the workplace.
Gared Performance Sports Systems to relocate, establish new HQ in Hamilton County
The move marks a “significant milestone” for the company, which plans to add 175 jobs in the process.
GE Appliances moves washing machine production from China to Louisville with $490M investment
In all, production of more than 15 models of front load washers will shift to the company’s sprawling Louisville production complex—known as Appliance Park.
Kimball’s Indy medical solutions unit swings for fences with new Post Road plant
Victory Field, home of the Indianapolis Indians, would just about fit perfectly inside the Jasper-based company’s new 307,000-square-foot facility.
Nippon Steel finalizes $15B takeover of U.S. Steel after sealing national security pact
The combined company will become the world’s fourth-largest steelmaker, and bring what analysts say is Nippon Steel’s top-notch technology to U.S. Steel’s antiquated steelmaking processes.
Trump administration offers some details of how it would control U.S. Steel, but union raises concerns
President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of what the White House calls an “investment” being made by Japan-based Nippon Steel in the iconic American steelmaker.
Allison Transmission to acquire Dana Inc. business unit for $2.7 billion
The business unit employs about 11,000 people in 25 countries. Allison did not specify if any jobs would be negatively affected by the deal.
GM to invest $4B to shift some production from Mexico to United States
The company will add production of the gas-powered Chevrolet Blazer and Chevrolet Equinox, which are made in Mexico, to two American plants starting in 2027.
Caterpillar planning $60M expansion in Lebanon that would add nearly 700 jobs
The company plans to expand its existing 600,000-square-foot facility in Lebanon Business Park.
Turchetti’s meat brand shifts focus to wholesale expansion
The company launched its production facility in the Bates-Hendricks neighborhood in August, focused on building a nationally recognized meat brand.