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ELKHART, Ind. - Auto parts maker Tenneco Inc. will add two catalytic converter manufacturing lines to its Elkhart exhaust plant as part of a $6 million expansion expected to be finished by year's end.
| TEN | 2.7 |  -0.7 |
Spokesman Jim Spangler says the company has already started hiring, and the expansion will add 60 employees to a work force of 75.
The Illinois-based company makes mufflers, exhaust products and converters at the plant, which sends the parts to other Tenneco operations that supply automakers.
The plant will use a $112,500 grant from Indiana's Skills Enhancement Fund to provide training in hydraulics, robotics and blueprint reading for the expansion.
Tenneco also has Indiana locations in Evansville, Ligonier and Angola.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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