Andretti Autosport inks multiyear extension with Honda
Andretti has captured three IndyCar Series championships with Honda engines—in 2004, 2005 and 2007—as well as five Indianapolis 500 victories.
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Allison Transmission selects its next CEO from inside C-suite
The Indianapolis-based manufacturer’s current chief financial officer will succeed Lawrence Dewey following Dewey’s retirement next year.
IUPUI gives hoops coach Gardner contract extension through 2020
Jason Gardner is 37-58 in three seasons at the school. But with the 1999 Indiana Mr. Basketball Award winner in charge, the Jaguars have improved their victory total each successive season.
Donnelly sells stock in family company after furor over Mexico plant
Sen. Joe Donnelly’s reelection campaign says he signed over his stock in the company on Aug. 11 for $17,410 and plans to donate the proceeds to 10 different charities across Indiana.
Auto parts firm plans Fort Wayne expansion, adding 313 workers
Android Industries provides components for the nearby General Motors truck assembly plant.
Volkswagen recalls 281K cars because engines can stall
VW says in government documents that the fuel pump control computer can lose electrical power. That can stop gas from flowing and cause the engine to stop.
Dow Agro engaged in fight to replace trans fats with healthier options
Partially hydrogenated oils, the main source of artificial trans fat and an invisible mainstay of the American food industry for decades, are on the verge of being totally pushed out in favor of better alternatives.
U.S. durable goods orders post biggest drop in three years
Orders for long-lasting manufactured goods sank 6.8 percent in July, but the numbers were warped by a 19 percent drop in orders for transportation equipment.
University Loft calls out rivals as cheaters, lowers legal boom
Competitors in the business of making low-cost furniture for dorm rooms and military bases keep accusing one another of fraud.
China’s Great Wall considers bid for Fiat Chrysler Jeep unit
Chinese SUV maker Great Wall Motors is considering making a bid to buy Fiat Chrysler's Jeep unit, in a possible ambitious new step onto the global stage for China's fast-growing auto brands.
University Loft accused of overbilling military for canceled furniture order
The complaint seeks more than $800,000 in damages and penalties from Greenfield-based University Loft, one of the nation’s biggest suppliers of college dorm room and military base furniture.
Wisconsin lawmakers pass $3B incentive deal for Foxconn
Economic development officials from Indiana, Illinois, Michigan, Ohio, Pennsylvania and Texas all vied for Foxconn’s attention before it wrapped up a deal with Wisconsin.
Auto-industry stalwarts Cummins and Allison rev up for era of electrification
Industry players find themselves in a precarious spot. If they don’t embrace the electric-vehicle future, they look backward. But if they dive in with excessive exuberance, they risk wasting hundreds of millions of dollars.
U.S. demands big NAFTA changes, setting stage for tough talks
The United States won't settle for cosmetic changes to the North American Free Trade Agreement, the top U.S. trade negotiator said, as negotiations to rework terms of the pact began.
Demolition set for Indiana plant where thousands once worked
The new owner of a former BorgWarner auto transmission factory in central Indiana plans to demolish much of the facility.
Calumet to sell its Wisconsin refinery for $435 million
Shares in Indianapolis-based Calumet Specialty Products Partners jumped Monday after it announced the sale of the crude oil refinery.
Wisconsin Senate leader says Foxconn votes may be lacking
The Taiwanese electronics giant could decide to go elsewhere for its first U.S. factory if the $3 billion package isn’t approved by Sept. 30.
Trailer-maker Wabash National buying Goshen manufacturer for $364M
Lafayette-based Wabash said the purchase of Supreme Industries, a maker of truck bodies, advances its diversification strategy.
Local Adidas sports-apparel plant lays off dozens
Despite the layoffs and the loss of several major contracts at the east-side manufacturing plant, Adidas officials say they intend to continue operating and investing in the facility.
Fertilizer company moves forward with $2.8B project in Indiana
Midwest Fertilizer Co. will begin construction on its Posey County manufacturing facility next year. Construction is projected to support more than 2,500 jobs.