No batteries? Thinner packaging? Businesses look for ways to offset tariffs.
Instead of passing price increases to customers, some companies are exploring cost-cutting options.
Manufacturing
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Greenwood manufacturer to close facility, lay off 72 workers
A spokesperson said the move is a strategic adjustment to the company’s business structure as part of ongoing efforts to optimize operations.
Automakers report stellar sales ahead of tariffs taking effect
The major car companies say sales rose sharply in March, with most reporting double-digit gains.
Conexus Indiana picks advanced manufacturing veteran as CEO
Indianapolis-based Conexus Indiana focuses on supporting and promoting Indiana’s advanced manufacturing and logistics sector.
Trump places 25% tariff on imported autos, expecting to bring in $100B in tax revenue
Foreign leaders were quick to criticize the tariffs, a sign that President Trump could be intensifying a broader trade war that could damage growth worldwide.
Indy-based Bar Keepers Friend maker sold to East Coast investment firm
Bar Keepers Friend was developed in Indianapolis in 1882 and has been owned by SerVaas Laboratories since 1956.
Q&A with the head of Lilly manufacturing, who meticulously tracks gains in work, life
“People come together, operators, with their supervisors at 6 a.m. every morning, and they talk about what issues they have and how they propose to solve it. Those get escalated through all levels of management.”
Trump’s 25% tariffs on all steel and aluminum imports go into effect
While President Trump’s tariffs could help steel and aluminum plants in the United States, they could raise prices for the manufacturers that use the metals as raw materials.
European packaging company to build $110M plant in Anderson
The new, 350,000-square-foot facility is expected to employ more than 100 people after becoming fully operational.
Honda: No announcement made regarding Indiana plant, despite reports and Trump nod
The president may have been referencing earlier reports that the Japanese automaker was planning to move some production from Mexico to Indiana in response to impending tariffs.
Report: Honda moving Civic production from Mexico to Indiana as Trump tariffs loom
The next-generation Civic hybrid was set to be produced in Guanajuato, Mexico, in 2027, according to Reuters, but will now be based in Indiana beginning in 2028.
Eli Lilly to spend $27B on four new manufacturing sites
The new manufacturing sites are expected to create create 3,000 pharmaceutical jobs and nearly 10,000 construction positions during the buildout.
Apple announces $500B investment in U.S. over next four years
Apple said Monday that it plans to create 20,000 jobs and open a new manufacturing facility as part of the investment.
BorgWarner to close Noblesville facility, cut jobs in restructuring effort
The Michigan-based company told IBJ that work has been underway since October to move employees from the Noblesville Technical Center to a similar facility elsewhere in Indiana. More than 20 people are expected to lose their jobs in the transition.
IBJ Podcast: The risks tariffs pose to Indiana’s manufacturing-heavy economy
President Trump wasted little time turning to economic policy once his second term began, imposing or threatening to impose a barrage of tariffs on many of Indiana’s trading partners.
What changes to the CHIPS act could mean for AI growth and consumers
Trump has called the federal contracts made with the help of the CHIPS and Science Act “ridiculous,” signaling that he doesn’t support the program.
Tariffs could reach deep into manufacturing-heavy Indiana
While consumers across the country could pay higher prices on all sorts of goods, Indiana’s economy is especially vulnerable to the uncertainty from tariffs and retaliatory tariffs between nations, economists say.
Uncertainty over impact of tariffs leaves aftermarket manufacturer anxious
Anderson-based StagUSA Services Inc. manufactures aftermarket products allow vehicles to run on alternative fuels like compressed natural gas and propane. The company imports propane tanks from Mexico and other components from Poland.
Nashville distiller says Trump policies may present new opportunities
When the Trump administration announced tariffs on Feb. 1 for most Canadian, Mexican and Chinese goods, Hard Truth Distilling Co. co-owner Jeff McCabe was worried but said his Indiana whiskey producer will be fine.
Portage plastics parts maker fears trade ‘chaos’
Konrady Plastics Inc. CEO Leah Konrady says President Trump’s trade proposals are creating uncertainty.