Among major occupational groups, only farming has a smaller share of African-Americans, government figures show.
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
Rolls-Royce Corp. said Tuesday that its landed a $315 million contract from Pratt & Whitney for its LiftSystem, which enables short takeoffs and vertical landings by the U.S. Marine Corps’ F-35B aircraft.
Rolls-Royce Corp. plans to invest $42 million to set up a new manufacturing plant in Indianapolis and create 100 jobs by 2014, the company announced Tuesday morning.
Rolls-Royce Corp. began moving employees to its new downtown office building on Monday—a shift an IUPUI analyst projected could generate $510 million in annual economic activity.
Rolls-Royce’s Indianapolis plant assembles few of its workhorse T56 aircraft engines in whole, but cranking out spare parts for overhauls is a large business. The last contract modification, issued by the U.S. Air Force in 2007, is worth up to $789 million and is still active.