It's the largest investment the state has announced since late May.
The Bedford plant says the money will lead to about 127 new jobs.
New research to develop an energy absorbing material could lead to safer helmets and could be ready for application within a few years.
General Motors is upgrading five facilities to support the production of new transmissions.
The plant will invest in equipment to build GM’s new eight speed and existing six speed transmissions.
The first Chevrolet Volt has come to Bloomington, but not because General Motors is selling the car in Indiana.
Officials with the company say the investment will be used to replace plant machinery and will result in the creation of about 51 jobs.
Delphi Electronics and Safety announced plans to invest more than $28 million in a new research facility and equipment in Kokomo.
General Motors announced Tuesday the company will invest more than $110 million in its Bedford Powertrain facility.
The General Motors plant in Bedford will remain open under the automaker’s bankruptcy protection plan announced Monday. WFIU’s Daniel Robison reports.