CTS Corporation today announced the acquisition of D&R Technology, a privately-held company with annual sales of approximately $50 million. D&R is a leading manufacturer of custom designed sensors, switches and electromechanical assemblies primarily serving the automotive light-vehicle market. CTS acquired D&R for a cash purchase price of approximately $63.5 million. Management expects the transaction to …read more.

Ball State economist Michael Hicks says it is no surprise that Indiana’s unemployment rate is holding at 8 percent for the second consecutive month because the state’s economy, like the nation’s, is “stuck in neutral.” The Indiana Department of Workforce Development says the state’s unemployment rate was 8 percent in November, unchanged from the previous …read more.

Marshall County Economic Development Corporation’s Executive Director Jennifer Laurent has announced her resignation. Laurent joined the staff of MCEDC in February 2010 and was appointed as executive director in October, 2010 after serving as Interim Director for five months. She leaves the organization with a successful track record of major business expansion projects, the creation …read more.

CTS Corporation in Elkhart announced on Tuesday that it has completed the sale and leaseback of its Singapore facility for proceeds in excess of the underlying book value. CTS received net cash proceeds of approximately $17.5 million. An estimated $10 million of the total $14.5 million pre-tax gain will be recognized in the fourth quarter …read more.

Governor Mitch Daniels and executives from nine companies, including one based in Elkhart, announced today new investments in Indiana expected to create a combined 2,552 new jobs over the next few years. The news comes amidst the state’s record breaking year of economic development results. This year, the Indiana Economic Development Corporation has already worked …read more.

Efforts to add nearly 400 jobs in Elkhart County are moving forward. The county council has given final approval to a tax abatement request from Fortress Technologies LLC, which is planning to hire more than 260 workers over the next seven years in Middlebury. According to Inside INdiana Business reports, the council also issued preliminary …read more.

Smart LLC, Smart Cabinetry, a green kitchen cabinet manufacturer, announced plans today to expand its operations to New Paris, creating up to 75 new jobs by 2016. The company plans to invest $11.4 million to renovate and equip its current 169,000 square-foot facility in New Paris. As part of the project, Smart will add new …read more.

TriMas Corporation, a diversified global manufacturer of engineered and applied products, continues its progress and focus on productivity and expanding and optimizing its global manufacturing footprint to better serve its customers. “Over the past several years, TriMas has launched numerous growth and productivity initiatives across our businesses, with the savings enabling us to fund our …read more.

Indiana nearly doubled the national rate of job growth in October, adding 7,700 private sector jobs. This marks the largest monthly gain since May. Private sector employment in the Hoosier state is now at more than 96 percent of the 2007 pre-recession levels. Significant October job gains also resulted in a drop in Indiana’s unemployment …read more.

Two Elkhart County employers are requesting tax abatements that could lead to the addition of nearly 300 jobs in the area. Recreational vehicle frame manufacturer Fortress Technologies is planning to establish an operation in Middlebury. The company plans to create 266 jobs. Another RV supplier, Vista Manufacturing wants to create more jobs in Elkhart. It …read more.

Peoplelink Staffing Solutions, a South Bend based staffing firm, has announced the acquisition of Trade Management Inc. headquartered in Fort Worth, Texas. According to W. “Jay” Wilkinson, Peoplelink’s president and CEO, “This acquisition is yet another ‘perfect fit’ for the Peoplelink organization. Trade Management is a strong player in the trades staffing niche and their …read more.

A new online tool is taking a detailed and local approach to helping thousands of Hoosier job seekers and students identify what occupations are in demand in their area. IndianaSkills.com, from Ready Indiana and the Indiana Chamber of Commerce, is a searchable database of real time job statistics for every region of the state. The …read more.

ELKHART, Ind. — A New York-based RV manufacturer is planning to grow in northern Indiana, potentially adding 260 jobs by 2015 and investing $3.65 million as part of the expansion. Lippert Components Manufacturing, Inc. of Elkhart and Kinro Manufacturing, Inc. of Goshen, subsidaries of Drew Industries Incorporated, announced today that Elkhart County has been chosen …read more.

Hentz Manufacturing LLC of Fort Wayne is planning to add nearly 100 workers to fill an order for more than 10,000 beds. Georgia-based Disc-O-Bed has enlisted the help of the company to fulfill a military contract. The company, which currently has about 65 workers, is looking to fill cutting, sewing, warehousing and maintenance jobs. The …read more.

An Elkhart County RV maker is seeking an abatement that would allow the addition of nearly 450 jobs. Forest River Inc. plans to go before the Goshen City Council Tuesday night to ask for the tax break on a proposed expansion. Forest River plans to upgrade facilities and hire additional employees at its plants in …read more.

WorkOne is collaborating with local non-profit organizations to sponsor a hiring event from 10 a.m. to 2 p.m. July 18 at the Martin Luther King, Jr. Center, 1522 Linden St., South Bend. Multiple positions are available from industries including manufacturing, logistics, distribution and warehousing, construction, banking and marketing and retail. The event is expected to …read more.

Elwood Staffing will be hiring more than 200 employees for the Columbia City area for the months of July through December. Hiring will start in July with six team leaders being hired for all shifts. Industrial supervision experience is required. Pay depends on experience. An additional 200 associates will be hired to work August through …read more.

WHITLEY COUNTY — BRC Rubber & Plastics, Inc., a manufacturer of molded components for the automotive industry, announced plans today to expand its operations in northeast Indiana, creating up to 51 new jobs by 2013. The Churubusco-based company, which specializes in the production of rubber-to-metal bonded parts, recently acquired the equipment and intellectual property assets …read more.