Steel Dynamics Inc. recently announced it will purchase a majority of the equity interest of United Steel Supply of Austin, Texas United Steel Supply is a distributor of painted Galvalume flat roll steel used for roofing and siding applications, according to Steel Dynamics. United Steel Supply operates a warehouse in Kingsbury, south of La Porte. […]
Elkhart-based Thor Industries closes on $2.4 billion purchase of German firm Erwin Hymer Group
Thor Industries Inc. on Feb. 1 announced it had closed on its $2.4 billion purchase of European RV-maker Erwin Hymer Group. The Elkhart-based recreational vehicle maker announced the deal in September. Thor Industries says combining with Erwin Hymer of Germany creates the world’s large RV manufacturer. The acquisition excludes EHG’s North American businesses, and reflects […]
ArcelorMittal optimistic for 2019 with strong automotive sales forecast
With industry experts forecasting U.S. vehicle sales to reach close to 17 million units in 2019, ArcelorMittal, a major supplier of automotive steel, has reason to be optimistic for the new year. The company said the outlook for the automotive market in North America remains strong in 2019, though it is anticipating some drop in […]
Manufacturing a Future
Business decisions and their outcomes that shape how some NWI companies strive Today’s manufacturer’s face myriad issues on the road to success from attracting and retaining quality personnel to dealing with regulatory issues and knowing how and when to invest in the business. Savvy corporate leaders know every decision matters. The right decisions can propel […]
Growth Fosters Growth
How expansion has helped NWI businesses blossom Growth and expansion in Northwest Indiana’s manufacturing sector is so much more than a symbolic ribbon cutting, a few shovels stuck in dirt, and a groundbreaking ceremony. Manufacturing remains a key economic engine in this region, and in Indiana, producing more than $90 billion to the state’s gross […]