Manufacturing News
July 14, 2026
July 14, 2026 · Posey County · Story 4 of 4
Indiana Manufacturing Investment Is Concentrating on Vendors and Contractors
Consolidated Grain and Barge is moving forward with a $47 million warehouse and storage expansion at its Mount Vernon facility (Posey County), putting Indiana in the national Top 10 for June capital projects against a $774 billion U.S. manufacturing capex backdrop. June's project list skewed heavily toward renovation and equipment upgrades rather than greenfield builds, the same pattern as Evonik at Tippecanoe. That concentrates demand on equipment vendors and specialty contractors, and that pool is finite. If you have capital upgrades planned, secure your contractor and equipment vendor relationships before the regional buildout absorbs available capacity through 2027.
- For the huddle
Should we lock in contractor and equipment vendor relationships now?
If you have capital upgrades planned, yes, June's project list skewed toward renovation and equipment work, which concentrates demand on a finite pool of equipment vendors and specialty contractors. Secure those relationships before the regional buildout absorbs capacity through 2027.
From the brief, July 14, 2026
- Evonik Commits $100M to Modernize Tippecanoe Labs in Lafayette
- Pentagon Takes a $25M Equity Stake in ReElement's Marion Rare Earth Refinery
- AES Indiana Rate Rehearing Puts Central Indiana Electricity Costs on a 60-Day Clock
- Indiana Manufacturing Investment Is Concentrating on Vendors and Contractors
This story
Related
- Rolls-Royce's $1B Indianapolis Campus, Indiana's Nuclear MOU for CANDU Reactors, and Cleveland-Cliffs' Burns Harbor Delay: What Indiana Manufacturers Need to Watch
- NIPSCO's Schahfer Coal Plant Costs Indiana Manufacturers $174,000 a Day While Plymouth Chases Innovation Dollars and Nucor Expands
- Nucor's $105 Million Crawfordsville Expansion, SEL's $25 Million West Lafayette Bet, and Indiana's Industrial Property Tax Increase for 2027
Manufacturers Energy Grant Program
Free for Posey County manufacturers
Posey County manufacturers receive free, ongoing energy auditing and cost control that reduces their energy bills and keeps them low, month after month. Every line item checked and validated, every opportunity found comes with a step-by-step guide to capture it.
EDCs: sponsor this program and it carries your organization's name For economic developers →