Indianapolis based logistics company ShipSigma says it will invest $2 million to expand its operations and grow its staff... Read More

The Indiana Economic Development Corp., in partnership with Conexus Indiana, announced the sixth round of awards totaling nearly $4 million in Manufacturing Readiness Grants. The IEDC says the grants are being awarded to 43 Indiana businesses, supporting more than $46 million in technology-enabled capital investment.... Read More

An Indianapolis-based manufacturer of LED lighting fixtures is expanding operations to Ripley County. IKIO LED Lighting LLC says it will invest $25 million to establish a manufacturing and warehousing facility in the Batesville Industrial Park and create 30 jobs over the next five years.... Read More

Plainfield-based MD Logistics has announced plans to open its first warehouse in the Research Triangle Park area in North Carolina. The third party logistics firm says the expansion, which is expected to create 30 jobs, will allow it to better serve the life sciences and pharmaceutical industry on the East Coast.... Read More

Kentucky-based Tempur Sealy International Inc. (NYSE: TPX) is hosting a job fair Tuesday and Wednesday in Crawfordsville. The bedding products manufacturer is looking to fill up to 30 jobs for its recruitment and training center as it prepares for the opening of a 700,000-square-foot foam pouring manufacturing facility.... Read More

Elkhart-based Thor Industries Inc. (NYSE: THO) is reporting third quarter net income of $348 million, compared to $183 million during the same period last year. The RV manufacturer says net sales for the third quarter were $4.7 billion, an increase of nearly 35% compared to the same period in 2021.... Read More

State and local officials will Wednesday join executives from Poland-based CANPACK to mark a milestone in the construction of the company's new aluminum can manufacturing plant in Muncie. The company will host a "topping off" ceremony for the 862,000-square-foot facility.... Read More

An Italy-based industrial filter manufacturer is expanding its presence in Delaware County. Filtrec says it will invest more than $1 million to establish its new North American headquarters and an assembly plant just south of Muncie and create up to 21 jobs by the end of the year.... Read More

Walmart (NYSE: WMT) has unveiled new details on a planned 2.2 million-square-foot, next-generation fulfillment center in McCordsville. The retail giant says the project will bring more than 1,000 jobs to Hancock County and also feature state-of-the-art automation technology. ... Read More

A Lebanon-based lawn care equipment manufacturer plans to expand and move next year into a new $5 million, 40,000-square-foot building. Steel Green Manufacturing LLC will lease 30,000 square feet in the building under construction south of Interstate 65 at the intersection of State Road 39 and Enterprise Boulevard.... Read More

Rolls-Royce Corp. in Indianapolis has been awarded an $8.4 million modification to a previously awarded contract. The contract increases the scope to procure original equipment manufacturer engineering and logistics support for KC-130J aircraft engines for the U.S. Marine Corps and the government of Kuwait under the Foreign Military Sales program.... Read More

The chief executive officer of Pittsburgh-based U.S. Steel Corp. (NYSE: X) visited the Gary Works facility Thursday as the steelmaker begins construction on a $60 million pig iron caster. David Burritt says the project, expected to create 25 jobs, will improve the company's self-sufficiency.... Read More

Elkhart-based Thor Industries Inc. (NYSE: THO) has released its 2022 U.S. Camper Perception Study. Thor says the study, which examines consumer RV purchase and usage behavior, indicates rising fuel costs will have minimal impact on consumers’ likelihood to purchase an RV in the next five years.... Read More

Texas-based Guardian Bikes says it is building its first U.S. production facility in Seymour. The Jackson County Industrial Development Corp. says the bicycle manufacturing startup will invest nearly $7 million in the facility and create 100 jobs by 2026.... Read More

Eli Lilly and Co. (NYSE: LLY) is planning a major expansion of its central Indiana operations. The pharmaceutical giant says it will invest $2.1 billion to build two manufacturing facilities in Boone County and create up to 500 jobs. The plants are designed to boost Lilly's manufacturing capacity for active ingredients and new therapeutics such as genetic medicines.... Read More

An Indianapolis nonprofit is looking to help unemployed and underemployed Hoosiers prepare for better career opportunities in blue collar industries such as manufacturing and logistics. Project Azul Executive Director Yecenia Tostado says the organization targets individuals who are systemically marginalized, including ethnic and minority groups, immigrants and refugees, and those with only a high school diploma or less.... Read More

A major manufacturing plant is set to bring hundreds of jobs to Howard County. Global automaker Stellantis (NYSE: STLA) and Samsung SDI are forming a joint venture that will invest more than $2.5 billion to build an electric vehicle battery facility in Kokomo and create 1,400 jobs. ... Read More

State and local officials are set to make an economic development announcement today in Kokomo. Few details are available, but executives from global auto manufacturing giant Stellantis (NYSE: STLA) will be on hand along with Governor Eric Holcomb.... Read More

North Carolina-based Nucor Corp. (NYSE: NUE) has announced plans to acquire C.H.I. Overhead Doors in Illinois in a deal valued at $3 billion. Nucor, which has multiple locations in Indiana, says the deal includes the overhead door manufacturer's plant in Terre Haute.... Read More

Steel Harbor LLC, a stainless steel fabrication startup based in Goshen, was denied economic incentives from the Elkhart County Council. The Elkhart Truth reports the company plans to spend more than $6 million to build and equip a 55,000-square-foot facility in the Elkhart East business park.... Read More

With record high gas prices and environmental concerns, many are reconsidering the types of vehicles they drive. Thanks to the Bipartisan Infrastructure Law, Indiana will receive nearly $100 million in federal funding for the implementation of the National Electric Vehicle Infrastructure (NEVI) program. The money will be used to amplify our electric vehicle charging infrastructure over the next five years....

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