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Radar · Manufacturing Services in Indiana

Best Manufacturing Services Companies in Indiana, United States

The 145 best Manufacturing Services companies in Indiana, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: NESCO.

145companies tracked
$165.2Mdisclosed funding
0unicorns
6have raised
FLIAR INTELLIGENCE · MANUFACTURING SERVICES × INDIANA

Our analysis of 50 Manufacturing Services companies

$2.0b in tracked funding; 66% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2010.

50companies analysed
66%cloud-native stacks
2010funding peak (by rounds)
2008median founding year
53median Fliar Index™
196kcombined LinkedIn audience
76%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best Manufacturing Services companies in Indiana

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1NESCO
Provider of equipment rental services
$140M65 mo agoPublicLee Jacobson
CEO
1988———
2IBC
Manufacturer of precision components
45Product top 14%Funding top 19%News top 43%Tech top 50%
All 9 signals ▾
Producttop 14%
Fundingtop 19%
Newstop 43%
Techtop 50%
Globalbottom 48%
Growthbottom 47%
Marketbottom 41%
Innovationbottom 38%
Patentsbottom 37%
Product: 10 distinct product lines · Company stage: Public
Funding: Raised $24.5M across 20 rounds · 20 rounds over 18 yrs (1.1/yr)
rank vs industry peers · Fliar Intelligence Index 45/100
$25M3 mo agoPublic—2002WordPressApple iCloud MailMySQL+223 patents
Flexible conduit electrical connectors and continuous metal strip casting equipment.
—
3MAIJKER
Developer of artificial intelligence services for manufacturing industries
$512K58 mo agoFunding RaisedChandra Nath
CTO & Co-Founder
2020———
4Kirby Risk
Offers quality electrical, automation, lighting and power distribution products and services
$79K67 mo agoFunding RaisedJ Risk
Co-Founder
1926Cart FunctionalityMarkerApple iCloud Mail+16—1 job opening · 1 launch
5Myers Spring
Manufacturer of custom precision springs
$70K67 mo agoFunding RaisedWalter Myers
Co-Founder
1946———
6GTA Containers
Manufacturer of CNC machining, nozzles, and drums products
—51 mo agoAcquired—1988WordPressMySQLPHP+2010 patents
Collapsible liquid storage tanks and vent assemblies for transport
1 expansion
7Calumet
Specialty products manufacturer that offers a diverse range of branded products in consumer and industrial…
—176 mo agoPublic—1916WordPressMySQLPHP+32—1 award
8aaa sales & engineering
AAA Sales & Engineering is a manufacturing company providing precision machined iron, steel, aluminum and…
——Acquired—1968———

Top 7 Manufacturing Services companies in Indiana

#1
Public · Franklin, Indiana · founded 2002 · 80 employees
$24.5Mraised
▾

Manufacturer of precision components

Fliar Intelligence Index™ 45how this company ranks against its industry peers
Product
top 14%
Funding
top 19%
News
top 43%
Tech
top 50%
Global
bottom 48%
Growth
bottom 47%
Product: 10 distinct product lines · Company stage: Public
Funding: Raised $24.5M across 20 rounds · 20 rounds over 18 yrs (1.1/yr) · Last round Post IPO (Feb 2026)
News: 13 BI events in 12 mo (of 148 tracked, 9 types) · -70% YoY · 4 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding rounds
  • Feb 2026Post IPO$1.5M
  • Dec 2022Post IPO$898.6K
  • Oct 2021Post IPO$1.5M
  • Jun 2021Post IPO$828.3K
Investors
The Lind Partners, BMO Harris Bank, Elysee Development
Tech stack
Apple Icloud MailAutoptimizeCloudflareCloudflare Bot ManagementCore-JsElementor
#2
Public · Fort Wayne, Indiana · founded 1988 · 379 employees
$140Mraised
▾

Provider of equipment rental services

Funding rounds
  • Dec 2020Post IPO$140M
Founders & team
Lee JacobsonCEO
Investors
Capitol Investment, HKW
#3
Funding Raised · West Lafayette, Indiana · founded 2020 · 3 employees
$511.7Kraised
▾

Developer of AI-based machine and process monitoring system intended to solve real-world problems. The company works with manufacturing companies, universities, and development partners to commercialize breakthrough research in AI and Sensor technology, turning it into transformational Industrial Technologies, enabling companies by developing smart manufacturing systems and services.

Funding rounds
  • Aug 2021Grant (prize money)$255.8K
  • Aug 2021Grant (prize money)$255.8K
Founders & team
Chandra NathCTO & Co-FounderJohn MurphyCo-Founder
Investors
America’s Seed Fund, National Science Foundation
#4
Funding Raised · Lafayette, Indiana · founded 1926 · 1051 employees
$78.8Kraised
▾

Offers quality electrical, automation, lighting and power distribution products and services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 3.9% of this cohort's audience · 27 engagements/post (1.7× cohort median)
Hiring: 1 hiring post in 12 mo (public) · hiring: Strategic Sourcing Specialist
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Oct 2020Grant (prize money)$78.8K
Founders & team
J RiskCo-Founder
Investors
IN.gov, Conexus Indiana
Tech stack
AlgoliaApple Icloud MailCart FunctionalityCloudflareCookieyesDatadog
#5
Funding Raised · Logansport, Indiana · founded 1946 · 18 employees
$70Kraised
▾

Manufacturer of custom precision springs

Funding rounds
  • Oct 2020Grant (prize money)$70K
Founders & team
Walter MyersCo-FounderDonald LindleyCo-Founder
Investors
IN.gov, Conexus Indiana
Tech stack
BootstrapApache Http ServerOwl CarouselModernizrJqueryGoogle Font Api
#6
Acquired · South Bend, Indiana · founded 1988 · 170 employees
—raised
▾

Manufacturer of CNC machining, nozzles, and drums products

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Mar 2022Conventional Debt—
  • Mar 2022Unattributed—
Investors
Parkway Capital, Calvert Street Investment Partners, Hemingway Capital, Farragut Capital Partners
Tech stack
Animate.CssAnime.JsApache Http ServerCore-JsElementorFont Awesome
#7
Public · Indianapolis, Indiana · founded 1916 · 77 employees
—raised
▾

Calumet is a specialty products manufacturer that formulates and markets a diverse range of branded products for consumer and industrial markets. They offer carbon-neutral wax solutions, drilling fluid solvents, and electronic components. Calumet also provides dental care services and operates a camp and conference center.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers — 11.3% of this cohort's audience
Activity: 1 awards announced in 12 mo
Investors
United States Department of Agriculture
Tech stack
AccessibeAmazon Web ServicesBootstrapCloudflareCloudflare Bot ManagementCookieyes

Funding & investor landscape

$165.2Mtotal disclosed funding
5companies funded
25disclosed rounds
0rounds last 90 days
Most active investors
Conexus Indiana2 rounds
IN.gov2 rounds
Acuity Capital Group1 rounds
America’s Seed Fund1 rounds
Atkore1 rounds
B12 Capital Partners1 rounds
BMO Harris Bank1 rounds
Calvert Street Investment Partners1 rounds
Canal Holdings1 rounds
Capital Southwest1 rounds

Notable founders

Lee Jacobson
CEO · NESCO
Chandra Nath
CTO & Co-Founder · MAIJKER
John Murphy
Co-Founder · MAIJKER
J Risk
Co-Founder · Kirby Risk
Walter Myers
Co-Founder · Myers Spring
Donald Lindley
Co-Founder · Myers Spring
Prism market signals · United States · country-scoped Prism corpus, 833,057 docs

Market landscape — 10 sub-themes by coverage

Share of Manufacturing Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN INDIANA · Materials

How research on Additive Manufacturing in Indiana is moving

A read on the academic research around Additive Manufacturing in Indiana — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 53 papers.

Led by IUPUI and IU School of Medicine, Indiana institutions research additive manufacturing processes, materials, and medical applications across 53 papers, with an optimistic, advancement-focused tone.

53 papers · stance +0.53 · 20% breakthrough · 8% concern
breakthrough · advancement · concern
top institutions
  • Indiana University – Purdue University Indianapolis45
  • University of Indianapolis17
  • Indiana University School of Medicine10
  • Indiana University3
  • Indiana University – Purdue University Columbus2
leading researchers
Hazim El-Mounayri · Andrés Tovar · Jing Zhang · Ehsan Malekipour · Suchana A. Jahan · J. Zhang
prism intelligence · tone & topics
94% positive · 0% critical tone
HealthcareEducationAerospaceHealthPharmaceuticalsMedical Technology
▲ Breakthroughs10 · 19%
▲ 9%→32% share
▲3.6× share momentum6 median citations60% since 2021mostly methods-led
3D printing breakthrough research surged from 1 to 5 papers, lifting field-share from 9% to 32%.
rising sub-themes (early→recent)
  • 3D printing1→5
Landmark High-throughput printing of combinatorial materials from aerosols · 139 cites
◆ Advancements37 · 70%
▲ 55%→58% share
▲1.1× share momentum3 median citations32% since 2021mostly empirical
3D printing advancement papers tripled from 3 to 9, pushing segment share from 55% to 58%.
rising sub-themes (early→recent)
  • 3D printing3→9
  • 3d printed2→3
Landmark Accuracy of three-dimensional dental resin models created by fused deposition modeling, stereolithography, and Polyjet p · 117 cites
▼ Concerns4 · 8%
▼ 27%→5% share
▼0.2× share momentum16 median citations25% since 2021mostly reviews
Concerns segment collapsed from 27% to 5% field-share despite rising Selective laser melting and Otorhinolaryngology signals.
rising sub-themes (early→recent)
  • 3D printing3
  • Selective laser melting2
  • Otorhinolaryngology2
  • Medical physics2
  • MEDLINE2
Landmark Three‐Dimensional Printing and Its Applications in Otorhinolaryngology–Head and Neck Surgery · 166 cites

Common questions

How many Manufacturing Services companies are there in Indiana, United States?
Radar tracks 145 indexable Manufacturing Services companies headquartered in Indiana, United States that meet our profile-completeness bar.
What is the total funding raised by Manufacturing Services companies in Indiana, United States?
The Manufacturing Services companies in Indiana, United States on this list have raised a combined $165.2M in disclosed equity funding across 5 funded companies.
Which is the highest-funded Manufacturing Services company in Indiana, United States?
NESCO is the highest-funded Manufacturing Services company in Indiana, United States, with $140M in disclosed equity funding.
How many Manufacturing Services companies in Indiana, United States are funded?
5 of the 145 Manufacturing Services companies in Indiana, United States on this list have disclosed at least one equity funding round.
How many Manufacturing Services unicorns are there in Indiana, United States?
None of the Manufacturing Services companies in Indiana, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indiana, United States Manufacturing Services companies?
The most active investors in Indiana, United States Manufacturing Services companies on this list include Conexus Indiana, IN.gov, Acuity Capital Group, America’s Seed Fund, Atkore.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon