We share business news from around the Northwest and Northcentral Indiana Region. Learn about new hires and promotions, among other news.
Machinists union will get severance package following Regal Beloit’s decision to close Valparaiso plant
Wisconsin-based manufacturing giant Regal Beloit Corp. will close its Valparaiso plant.
World full of opportunities
Mark Van Fleet, managing partner at Converge Ventures, comments on how Northwest Indiana businesses should take advantage of global opportunities.
Toyota names new president for Indiana vehicle manufacturing operations
Leah Curry is the new president for Toyota Motor Manufacturing – Indiana.
Report: RV industry made $114 billion impact on US economy in 2018
The RV industry made a $114 billion impact on the nation’s economy in 2018, with nearly one third of that coming to Indiana.
Mikropor America expanding, adding jobs to Michigan City operations
Mikropor a maker of filtration products, is expanding and adding more jobs to its Michigan City operations.
ArcelorMittal receives grant to develop cleaner, reduced energy steelmaking process
A Department of Energy grant will be used by ArcelorMittal Global Research and Development in East Chicago to develop a more energy-efficient and cleaner steelmaking process. The company announced it was awarded a share of a $1.2 million High Performance Computing for Manufacturing Program grant, aimed at solving key manufacturing challenges in steelmaking and aluminum […]
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 […]
Elkhart-based Thor Industries becomes global RV-making giant with $2.4 billion purchase of German firm Erwin Hymer Group
ELKHART – Thor Industries says it will become the world’s largest RV manufacturer once its purchase of Erwin Hymer Group SE of Germany closes. Thor Industries announced Sept. 18 it has entered a definitive agreement to buy the privately-held Edwin Hymer Group SE for $2.4 billion. The combination creates the world’s largest RV manufacturer, with […]
United States Steel Corp. giving Gary Works $750 million makeover
GARY – U.S. Steel will make $750 million in capital investments to modernize its Gary Works facility. U.S. Steel has announced a $2 billion asset revitalization program, which included Gary Works. The investment will be made over five years to modernize and enhance the company’s flagship operation in Gary and includes installation of new state-of-the-art […]