Company specializing in steel wheels plans Indiana facility
Officials announced Friday that Indiana Wheel Corp. plans to spend nearly $23 million to purchase, renovate and equip the facility, where it will hire up to 117 workers.
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Food regulators pushing for clarity on expiration dates
By clarifying terms such as “Sell by” and “Use by,” U.S. regulators are trying to prevent people from prematurely tossing products and to reduce the mountains of food that goes to waste each year.
Fiat Chrysler says French politics ended Renault merger
Fiat Chrysler abruptly withdrew an offer to merge with French automaker Renault late Wednesday, a shocking reversal of a deal that could have reshaped the global auto industry.
Bloomington soap makers call themselves ‘equality extremists’
Three former Indiana University roommates are trying to prove a business with socially responsible, equitable business practices can be successful in a dog-eat-dog world.
Jack Daniels maker enjoys strong sales despite taking tariff hit
American whiskey producers like Louisville-based Brown-Forman face stiff retaliatory tariffs in the European Union, the industry’s biggest export market, as part of the Trump administration’s trade disputes.
Local beverage maker Circle Kombucha moving to bigger facility
The company, which is operating out of a 2,000-square-foot space in Irvington, will move this month to a 14,000-square-foot facility on the near-east side due to growing demand.
General Motors plans $24M in upgrades at Indiana plant
The Detroit-based automaker said Thursday the new round of upgrades being completed this summer will allow the plant to increase production of the Chevrolet Silverado 1500 and GMC Sierra 1500 pickups.
Fiat Chrysler seeks $40B merger with Renault to create auto giant
The merger would reshape the global industry: The new company would produce some 8.7 million vehicles a year, leapfrogging General Motors and trailing only Volkswagen and Toyota.
Appeals court says Gary’s lawsuit against gun makers can proceed
The Indiana Court of Appeals on Thursday revived the city of Gary’s lawsuit against 10 handgun manufacturers, thwarting the Indiana General Assembly’s attempt to derail the legal action in 2015.
Trump delays imposing tariffs on auto imports, parts
The White House said Friday that President Trump is delaying for six months any decision to slap import taxes on foreign cars, a move that would hit Europe and Japan especially hard.
Indiana Chamber president says Trump is ‘gambling with other people’s money’ in trade war
Last week, President Donald Trump announced plans to increase tariffs from 10% to 25% on $200 billion worth of Chinese imports that include a wide variety of products like aluminum and steel, frozen fish and meat and wood.
Bloomington-based Oliver Winery now sells in 27 states
Company’s emphasis on sweet wines has helped make Oliver the largest Hoosier winery (by far) and the 44th-largest in the United States.
Packaging company to open Whitestown factory, hire up to 43 workers
Opus Packaging Group said it will invest $3 million to build and equip a 170,000-square-foot facility, its first location in Indiana.
Company plans $9M research facility in Crawfordsville
An Alabama-based company that makes pipes for water, oil and natural gas is planning to build the 30,000-square-foot research and development facility on 17 acres.
Indiana manufacturer plans $5.5M expansion, 226 jobs
A company that designs and makes cutting and grinding products and custom tools is moving forward on an expansion that includes adding more jobs in northeastern Indiana.
Global defense firm Saab plans $37M facility, 300 jobs in Indiana
Saab said the facility will be used to manufacture a significant portion of the T-X advanced pilot training aircraft, which will help train future U.S. Air Force pilots for generations.
Local maker of organic oils rakes in $9.5M in venture funding
The round of financing was led by Indianapolis-based HG Ventures, which is the corporate venture arm of a major shareholder in Biosynthetic Technologies.
Cummins possible suitor for VW peripheral unit valued at $3.4B
Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter.
Diamond Chain to retain its name following $84M acquisition
Ohio-based Timken purchased Diamond Chain last month. The Indianapolis-based company makes high-performance roller chains for equipment used in a variety of industries.
Ram truck sales to roll on as key supplier Cummins probes emissions
Indiana-based Cummins will check certification and compliance processes for engines in the 2019 Ram 2500 and 3500 trucks after conversations with the U.S. Environmental Protection Agency and the California Air Resources Board, the company said.