Allison Transmission CEO to retire in 2018
The Allison board plans to consider internal and external candidates to replace Lawrence Dewey, 60, who has served as Allison’s top executive since 2007.
Suppliers
Articles
Subaru supplier investing $111M, adding 114 jobs in Madison County
Japan-based ELSA Corp., which already employs 350 workers in Elwood, is adding production lines to make fuel tanks, exhaust systems, air cleaners and air ducts for Subaru.
UPDATE: GM expected to invest $90 million in Indiana plant
General Motors officials are set to announce what is expected to be a major investment at an Indiana factory that will allow it to retain more than 1,400 jobs.
Allison Transmission profit rises on lower revenue
Allison Transmission posted revenue of $474.9 million in the period, down from $511 million last year.
Manufacturer plans $97M expansion, 150 jobs in Shelbyville
Ryobi Die Casting USA said it plans to grow its operations with the acquisition of a 350,000-square-foot building. The company already has 860 employees in Shelbyville.
Toyota parts supplier adding 160 jobs in expansion
Toyota Boshoku Indiana LLC has launched a $10.6 million expansion of its plant in Princeton.
VW’s diesel emission scandal could mean business for Cummins
Volkswagen AG’s diesel emission scandal might be one of the best things to happen to American air quality. It also could mean new business for one of the state’s largest manufacturers.
Factory employing 700 workers to get reprieve
An auto parts factory near Muncie that was slated to close later this year won’t be shutting its doors after all.
Anderson auto-parts plant lands $5M in state incentives
NTN Driveshaft Inc. has been offered $5 million in state incentives to build an $87 million plant in Anderson that is expected to employ more than 500 people, state officials announced Tuesday.
VW not first manufacturer to use deceptive emissions tactics
Almost as soon as governments began testing vehicle emissions, automakers and engine manufacturers found ways to cheat. Indiana-based Cummins Inc., for instance, was involved in a high-profile case in the late 1990s.
Indiana auto parts plant with 750 workers set to close
The plant in Winchester, east of Muncie, has been the North America branch for Japanese manufacturer Marujun since 1999. The closing process will begin next month and finish late next year.
Allison’s sales, profit fall on lower global demand
Allison Transmission Holdings Inc. saw revenue and sales slip in the second quarter as global demand for its products waned, the Indianapolis-based manufacturer announced late Monday.
BorgWarner to acquire Remy International for $950M
Auburn Hills, Michigan-based BorgWarner Inc. announced plans Monday to buy Pendleton-based auto parts maker Remy International Inc.—the 12th largest public company in the Indianapolis area and the 25th largest in Indiana.
Two Italian firms to start operations in Indy area
Sirmax and OMR Automotive, both suppliers to the automotive industry, plan to build plants in Speedway and Anderson and together could create up to 110 jobs over the next several years.
Indiana, U.S., shut out of new auto assembly plants
Every plant announced for North America since 2009 has gone to Mexico. The upshot is not only few assembly jobs, but fewer jobs and businesses that feed off of the massive operations.
Auto parts plant preps for $11M investment
The Seymour City Council this week approved a 10-year phase-in of property taxes for the investment by Valeo at its automobile lighting factory with about 1,600 workers.
Navistar closing local foundry with 180 workers
The foundry, located on the city’s east side at 5565 Brookville Road, produces engine blocks and heads. Navistar said the closure process will take place during the first half of 2015 and be completed in the summer.
Auto part manufacturer to open Evansville plant
Fisher Dynamics said Wednesday that it will create 169 jobs within two years of the opening of a 113,000-square-foot manufacturing facility in Evansville.
Auto supplier plans $73.5M plant in Boone County
A Japanese auto-parts supplier plans to invest $73.5 million to build and equip a 151,000-square-foot manufacturing facility in the community of Jamestown, adding up to 195 jobs by 2017.
Auto parts supplier plans Indiana factory, 253 jobs
Tenneco Inc. announced Wednesday that work is underway preparing an existing 150,000-square-foot building in a Jeffersonville industrial park for the factory.