Cummins Inc. has become the latest in a string of companies to withdraw its 2025 guidance.
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Conexus wants to move its Catapult programming on-site with manufacturers that want to hire Catapult graduates. And it plans to reduce its own role in the program.
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Bar Keepers Friend was developed in Indianapolis in 1882 and has been owned by SerVaas Laboratories since 1956.
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“People come together, operators, with their supervisors at 6 a.m. every morning, and they talk about what issues they have and how they propose to solve it. Those get escalated through all levels of management.”
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Young, R-Indiana, and fellow Sen. Mark Kelly, D-Arizona, reintroduced legislation to jumpstart the country’s “rusted” shipbuilding industry and increase onshore ship production that has largely shifted to China.
U.S. automakers had said the auto levies as previously announced would raise production costs and hit their profits. The auto industry is one of the biggest drivers of manufacturing jobs in the U.S. economy.
The electric vehicle maker reported a 71% drop in profit and a 9% decline in revenue for the first quarter.
That U.S. manufacturing capacity and output have declined is fake news.
Though Trump says his tariffs are intended to bolster U.S. auto manufacturing, automakers aren’t able to reconfigure their sourcing in short periods of time, experts say.
The tech giant said it has commissioned more than one million square feet of manufacturing space to build and test its specialized Blackwell chips.
In January, former President Joe Biden blocked the proposed $14.9 billion acquisition of Pittsburgh-based U.S. Steel by Nippon Steel in Japan. However, President Donald Trump on Monday ordered a new review of the deal.
The discussions highlight how the auto industry is beginning to digest the initial fallout from President Donald Trump’s escalating trade war.
President Donald Trump has spoken out against the CHIPS Act, meant to incentivize semiconductor-related development in the U.S., but industry insiders say they’re optimistic the initiative will survive.
The Fort Wayne plant produces the Chevrolet Silverado 1500 and GMC Sierra 1500 trucks, with about 1,300 units produced each day, according to the automaker’s website.
Instead of passing price increases to customers, some companies are exploring cost-cutting options.
A spokesperson said the move is a strategic adjustment to the company’s business structure as part of ongoing efforts to optimize operations.
The major car companies say sales rose sharply in March, with most reporting double-digit gains.
Indianapolis-based Conexus Indiana focuses on supporting and promoting Indiana’s advanced manufacturing and logistics sector.
Foreign leaders were quick to criticize the tariffs, a sign that President Trump could be intensifying a broader trade war that could damage growth worldwide.
While President Trump’s tariffs could help steel and aluminum plants in the United States, they could raise prices for the manufacturers that use the metals as raw materials.
The new, 350,000-square-foot facility is expected to employ more than 100 people after becoming fully operational.
The president may have been referencing earlier reports that the Japanese automaker was planning to move some production from Mexico to Indiana in response to impending tariffs.
The next-generation Civic hybrid was set to be produced in Guanajuato, Mexico, in 2027, according to Reuters, but will now be based in Indiana beginning in 2028.
The new manufacturing sites are expected to create create 3,000 pharmaceutical jobs and nearly 10,000 construction positions during the buildout.
