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Top 10 Manufacturing Companies in Indiana

Posted by IndustrySelect on Tuesday, May 23, 2023


Above: Assembly line at Toyota Motor Mfg., Indiana, Inc. in Princeton, IN. Source: Toyota Pressroom 

With its low business costs, top-notch infrastructure, and generous incentive programs, Indiana is a major state for manufacturing, home to some top companies in the pharmaceutical, automotive and steelmaking industries. 

Indiana is currently home to 8,188 manufacturers employing 585,789 workers. These include some top companies in the transportation equipment and pharmaceutical industries, which we’ll take a look at in a moment. But first here are some key statistics on Indiana’s industrial sector based on our survey of Indiana manufacturers.

Key Statistics on Indiana’s Manufacturing Sector

According to MNI, Indiana’s top city for number of manufacturing jobs is Indianapolis, with 64,761 workers. A major industrial city, Indianapolis ranks #10 in the nation for cities with the most manufacturing jobs. Read more: Top Manufacturing Cities in the U.S.

Other top cities in Indiana include

Elkhart (32,590 jobs)
Fort Wayne (24,284 jobs)
Lafayette (17,452 jobs)
Columbus (17,008 jobs)

Marion County is Indiana’s largest in terms of industrial jobs, home to 80,179 workers. This is followed by Elkhart (67,516), Allen (32,546), Lake (30,241) and St. Joseph Counties (21,691).

Taking a look at the state’s top industries, transportation equipment accounts for 19% of Indiana’s industrial workforce. This is followed by industrial machinery, which accounts for 12% and fabricated metal products with 10%. The primary metal industry employs 9% of Indiana’s industrial workers and rubber & miscellaneous plastic products employs 8%.

According to IndustrySelect's database of 460,000 U.S. industrial companies, there are 33,600 executive contacts among Indiana manufacturing companies, including 4,557 presidents, 2,462 owners and partners; 2,481 vice-presidents and 3,226 sales, marketing and purchasing executives.

Other facts to know about Indiana manufacturers, based on IndustrySelect’s advanced criteria available to subscribers, include ownership, distribution and other trends:

• 2% of Indiana’s manufacturers are women-owned
• 1% are minority-owned
• 10% are publicly owned companies
• 12% import raw materials
• 25% distribute their products internationally

Next, we’ll take a look at the state’s top companies

Top 10 Manufacturing Companies in Indiana

Eli Lilly & Co.10,157IndianapolisIN
Lippert Components, Inc.7,500ElkhartIN
Toyota Motor Manufacturing, Indiana, Inc.7,500LafayetteIN
Subaru of Indiana Automotive, Inc.6,200PrincetonIN
Zimmer Biomet Holdings, Inc.5,300CraneIN
Naval Surface Warfare Center, Crane Div.5,000WarsawIN
General Motors, Fort Wayne Assembly4,500RoanokeIN
Urschel Laboratories, Inc.4,453East ChicagoIN
ArcelorMittal USA, LLC4,142IndianapolisIN
Rolls-Royce Corp.4,000GaryIN

About the Top 10 Manufacturing Companies in Indiana

1. Eli Lilly & Co. (Indianapolis, IN)

Pharmaceutical giant Eli Lilly is among the world’s foremost drug companies, employing 10,157 at its Indianapolis headquarters and thousands more around the world. Established in 1876, the company produced the world’s first polio vaccine and today the company has recently developed neutralizing antibody treatments for mild to moderate COVID-19 infections.

2. Toyota Motor Mfg., Indiana, Inc. (Princeton, IN)

The Toyota Tundra was the first vehicle to roll off the assembly line at this Toyota assembly plant in 1998. Today, 7,500 employees work at the 4.3 million square foot plant, where they produce hybrid, midsize & full- size SUVs and minivans, including well-known models Sequoia, Sienna, Highlander, and Highlander.

3. Lippert Components, Inc. (Elkhart, IN)

A major supplier to the transportation equipment industry, Lippert Components produces components such as chassis, slide-outs, windows, electronics and awnings for a variety of vehicles, including RVs, buses, trailers, trucks, trains and boats. The company employs 7,500 at this Elkhart location.

4. Subaru of Indiana Automotive, Inc. (Lafayette, IN)

Established in 1987, 6,200 workers at this massive Subaru auto assembly plant in LaFayette produce 32,900 vehicles per month, including the Subaru Legacy, Outback, Ascent and Impreza vehicles. The facility encompasses 468,000 square feet and has won a number of environmental, quality and community awards, including the WorkOne Achievement Award from the Indiana Department of Workforce Development and Indiana Governor's Award for Environmental Excellence.

5. Zimmer Biomet Holdings, Inc. (Warsaw, IN)

Founded in Warsaw in 1927, Zimmer Biomet is among the world’s leading medical equipment providers, producing reconstructive & spinal implants as well as trauma orthopedic surgical & dental products. The company has operations in more than 25 countries.

6. Naval Surface Warfare Center, Crane Div. (Crane, IN)

Operated by the United States Navy, this location is one of several military equipment suppliers, providing naval prototypes, electronic systems and special warfare weapons, employing 5,000. 42509

7. General Motors, Fort Wayne Assembly (Roanoke, IN)

At this GM pick-up truck assembly plant in Fort Wayne, 4,500 employees work on the Chevrolet Silverado, and the GMC Sierra. Established in 1986, the company recently made headlines when it announced it would be increasing production at the Fort Wayne assembly plant in September 2020.

8. Urschel Laboratories, Inc. (East Chicago, IN)

Operating out of a 412,000 square-foot facility in East Chicago, Urschel Laboratories produces industrial food cutting equipment for food processing plants around the world. Established in 1912, the company employs 4,453.

9. ArcelorMittal USA, LLC (East Chicago, IN)

A world leader in steel production ArcelorMittal USA, LLC supplies steel for a wide range of markets including automotive, construction, appliance, agricultural, and machinery. The company’s East Chicago location produces hot-rolled, cold-rolled & hot dip galvanized steel sheet, and employs 4,142.

10. Rolls Royce (Indianapolis, IN)

Rolls Royce is a world leader in delivering clean, sustainable power in the civil aerospace, power systems and defense industries, producing aero engines for commercial and military aircraft and high-speed reciprocating engines and propulsion systems. 4,000 employees at this Indianapolis location focus on gas turbine engines for the civil & defense aerospace, and marine & energy markets.

Looking to Contact Indiana Manufacturing Companies?

For those looking to do business with manufacturers, IndustrySelect’s database of 400,000 U.S. manufacturers is a top resource for both developing and researching sales leads in the manufacturing sector. An IndustrySelect subscription can put you on a first-name basis with Indiana’s 9,700 industrial companies and 33,000 executives. Subscribers can select up to 30 data points on any manufacturing company in the U.S. to help identify or pre-qualify leads. Company profiles also include the contact information for hard-to-find executive decision-makers.

Try a free demo today!

Editor's Note: The article was orignally published in December of 2020. It is updated annually to reflect new statistics on Indiana manufacturing.

Want to keep up with the latest sales and marketing trends and exclusive industrial statistics from MNI? The free weekly IndustrySelect Insider email is the industry's top source for sales, marketing and industrial news you can't find anywhere else. Subscribe here.

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