Car parts maker expands in Hancock County
A 250,000-square-foot distribution center that sat empty since the recession has finally nailed down a tenant—a Canadian firm relocating operations from nearby Knightstown.
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Two automotive suppliers plan expansions in Marion County
Innovative Coating Solutions and Reflex & Allen USA expect to add a total of 93 employees over five years and are seeking tax breaks on $3.5 million in new equipment.
GM supplier plans opening factory near Fort Wayne
A Canadian-based General Motors supplier plans to open a new facility near Fort Wayne and hire up to 160 workers in the next few years.
Japanese auto supplier adding 103 jobs in Columbus
Sunright America, a maker of nuts, bolts and specialty fasteners, plans to invest $35 million to build and equip two additional facilities on its 33-acre campus.
Remy seeks greater share of Chinese market with buyout
Pendleton-based auto parts manufacturer Remy International Inc. plans to buy out a partner’s share in a Chinese joint venture, potentially paving the way for a greater share of the growing Asian market.
Auto parts supplier lays off 200 in northeastern Indiana
Contech Castings LLC has suspended certain operations at plants in Auburn and Pierceton and laid off more than 200 employees after losing a customer to a competitor.
Union workers at Goshen’s Cequent plant take severance deal
The trailer-hitch manufacturer plans to close the 450-employee plant and move operations to Mexico. Union workers voted Friday to forego arbitration and accept a severance agreement that will pay the most senior employees $36,000.
Allison Transmission cuts 2013 sales outlook
Allison Transmission Inc. predicted 2013 sales declines after it closed 2012 with an inflated $514.2 million annual profit and a massive slide in sales for a key market during the fourth quarter.
Remy International reports $138M annual profit
A one-time tax benefit more than doubled Remy International Inc.’s annual profit to $138.6 million, the Pendleton-based manufacturer reported late Monday.
Greensburg auto-parts plant plans expansion, 200-plus hires
Automotive supplier Valeo expects to invest $15.5 million in new machinery for its Greensburg facility as part of its plans to expand operations in the plant and bring more than 200 workers onto the company payroll by 2014.
Remy International CEO Weber stepping down
Remy International Inc. President and CEO John Weber will resign at the end of February after leading the company for seven years, the Pendleton-based automotive supplier announced Friday.
Fishers auto supplier moving to Anderson
Keihin North America Inc. plans to relocate between 130 and 175 management, engineering and development jobs to the Flagship Enterprise Center.
Tipton manufacturer with 173 workers says its closing
Steel Parts Manufacturing Inc. says it plans to close its plant in Tipton, ending employment for 173 workers. The company told the state the closure and layoffs will begin Feb. 28 and end by March 14.
Chrysler expansion fueled by optimistic sales outlook
Chrysler Group LLC is betting on huge sales gains to justify the more than $374 million it is considering investing in Kokomo and Tipton to make a new line of nine-speed transmissions.
Auto parts supplier expanding Indiana operations
Tenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
Glass factory’s safety under state’s lens yet again
Union leaders say working conditions are improving at the Pilkington glass factory in Shelbyville, but an employee’s injury in October has led to another visit from state safety officials and possibly more fines.
Japanese car supplier plans to add 60 workers in Greensburg
Hitachi Powdered Metals (USA) Inc.said it will invest $38.4 million to build and equip a second facility on its 30-acre campus in Decatur County.
Toyota supplier plans 116 jobs in Hancock County
Japan-based Tsuda Industries Co. Ltd. plans to spend $56.2 million to build a facility at Mount Comfort Air Park East, which should create 116 jobs by 2016, the company said Thursday.
Cummins shortens work week at Columbus factory
The engine maker says that slowing demand led to the decision to scale back hours for the 350 workers at its Columbus Fuel Systems Plant. The new four-day workweek will continue indefinitely.
U.S. Department of Commerce recognizes Indianapolis exporter
Hoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.