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.
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.
Vehicles made by Toyota, Honda, Kia, Hyundai, Mitsubishi and Fiat Chrysler from the 2010 through 2019 model years are included in the probe, which was revealed Tuesday in documents posted by the National Highway Traffic Safety Administration.
Officials for the Indianapolis-based transmission giant tell city officials that the project would create 193 jobs that pay an average of $20.39 per hour, as well as help it retain current employees.
Cars from Subaru, Tesla, BMW, Volkswagen, Daimler Vans, Mercedes and Ferrari are included in the latest round of recalls involving airbag inflators that can hurl shrapnel into drivers and passengers.
The subsidiary of Israel-based Omen Casting Group wants to boost production to help meet demand in America and Germany for its aluminum drivelines, steering components and oil pumps.
Indianapolis-based Allegiant International has seen tremendous growth in recent years thanks to its supply-chain work with General Motors.
The Indianapolis-based manufacturer exceeded Wall Street expectations in both earnings and sales in the latest quarter.
ElringKlinger intends to add $20.6 million in manufacturing, logistics and information technology equipment to its Fort Wayne plant.
Thyssenkrupp Steering will create 64 new jobs and plans to move existing positions from its operations in Indianapolis to the new location at Exit Five Parkway.
Echo Engineering and Production Supplies Inc. expects its revenue to swell to $50 million next year as it takes on more outsourced work from stressed car makers.
Allison Transmission Holdings Inc. raised its full-year sales projections after reporting better-than-expected revenue and earnings in the third quarter.
Android Industries provides components for the nearby General Motors truck assembly plant.
Canada-based Multimatic Inc. says the 125,000-square-foot facility should be in operation in New Haven by the end of the year.
A joint venture of two Japanese companies that makes steel frames and other parts, primarily for Subaru, said it will double the size of its Jamestown plant to 250,000 square feet.
Since local entrepreneur Mike Protogere bought D-A Lubricant Co. Inc. in 2002, the manufacturer of oil, grease, antifreeze and other industrial products has shifted into overdrive and punched the gas.
Daechang Seat Co. is seeking tax breaks from the city for its plans to invest $16.8 million in a production facility and establish a base of operations in America.