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Top 10 Manufacturing Companies in Indiana

Posted by IndustrySelect on Sunday, May 19, 2024


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 8,017 manufacturers employing 586,952 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 64,199 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 (33,042 jobs)
Fort Wayne (24,468 jobs)
Lafayette (17,641 jobs)
Columbus (17,129 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 4,498 presidents, 2,743 owners and partners; 2,473 vice-presidents and 2,445 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
Toyota Motor Manufacturing, Indiana, Inc.7,840PrincetonIN
Lippert Components, Inc.7,500ElkhartIN
Subaru of Indiana Automotive, Inc.6,350LafayetteIN
Zimmer Biomet Holdings, Inc.5,300WarsawIN
Naval Surface Warfare Center, Crane Div.5,000CraneIN
General Motors, Fort Wayne Assembly4,450RoanokeIN
Rolls-Royce Corp.4,000IndianapolisIN
Cleveland-Cliffs, Inc.3,982Burns HarborIN
United States Steel Corp., Gary Works3,800GaryIN

Indiana Manufacturing Industry Database

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, 7,840 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, 6,350 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, 4,450 employees work on the Chevrolet Silverado, and the GMC Sierra. This facility was established in 1986.

8. 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.

9. Cleveland Cliffs, Inc. (Burns Harbor, IN)

Cleveland Cliffs, Inc. is a major player in the North American steel industry, with its large facility located in Burns Harbor, Indiana. This fully-integrated steelmaking facility is Cleveland-Cliffs’ second-largest U.S. facility. The plant operates two blast furnaces and can produce nearly 5 million net tons of raw steel annually. Principal products made at this location are hot-rolled, cold-rolled and hot-dip galvanized products. The location allows for prime access to the Port of Indiana, as well as excellent highway and railroad transport.

10. United States Steel Corp., Gary Works (Gary, IN)

United States Steel Corporation’s Gary Works is a significant steel mill situated on the south shore of Lake Michigan in Gary, Indiana. For many years, the Gary Works was the world’s largest steel mill, and it remains the largest integrated mill in North America. The Gary Works includes both steelmaking and finishing facilities as an integrated mill, and has an annual capacity of 8.2 million tons. It’s a central part of the city’s geography and remains Gary’s largest single employer.


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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