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.
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 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.
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.
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.
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.
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.
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.
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.
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.
Tenneco Inc. announced Wednesday that work is underway preparing an existing 150,000-square-foot building in a Jeffersonville industrial park for the factory.
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
Workers will be hired as global firm Valeo buys new equipment for its 400,000-square-foot engine cooling factory to start new product lines for Honda, Nissan, Chrysler and Ford.
An auto supplier has signed a lease to move into a new 150,000-square-foot building in Jeffersonville this summer, officials said.
Magna Powertrain plans to spend more than $15 million on new equipment for a Muncie factory where it expects to add as many as 50 workers in the coming year.
At full capacity, the Tipton plant will be able to ship about 800,000 transmissions annually to assembly plants in Toledo, Ohio, and Sterling Heights, Mich., as well as Italy, Turkey, Brazil and China.
Allison Transmission Holdings Inc. kicked its fourth quarter into overdrive with a 70-percent increase in profit over the same quarter in 2012, the firm reported Thursday. But profit for the year was down significantly.
In 2008, the Federal-Mogul factory in Avilla announced an expansion that could bring employment to 170 by 2010. But the company says it now has only 95 employees.
Switzerland-based Autoneum Holding AG said it will lease 300,000 square feet on a 23-acre site at the River Ridge Commerce Center in Jeffersonville.
Mayco International LLC will invest $2.9 million and significantly boost employment at its Hartford City plant, due to new client orders for interior sunshades.
Heartland Automotive plans to spend $38 million on a factory expansion that could add up to 220 jobs in the next two years.