Develop Indy

Chamber to merge with economic development groups

May 17, 2012
Kathleen McLaughlin
The Greater Indianapolis Chamber of Commerce will lead economic development efforts for central Indiana by merging with Develop Indy, Indy Partnership and Business Ownership Initiative, the groups announced Thursday.
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Right-to-work boosting job-marketing efforts in IndianaRestricted Content

March 31, 2012
Scott Olson
Local economic development groups are wasting no time touting Indiana's new right-to-work law, a spot check shows.
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Chamber merger stirs fears in regional economic development groupsRestricted Content

March 24, 2012
Kathleen McLaughlin
Develop Indy, the economic development arm of Indianapolis, is working on a merger with the Greater Indianapolis Chamber of Commerce that has suburban economic development professionals concerned central Indiana will lose an independent voice in marketing the region to new business.
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Indy Partnership leader leaving organization

December 19, 2011
Scott Olson
Executive Director Scott Fulford said he is retiring and handing over leadership to Troy Whittington, who currently is director of business development. He officially becomes interim director on Jan. 1.
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Develop Indy and partner will focus on small business supportRestricted Content

November 26, 2011
 IBJ Staff
Business Ownership Initiative of Central Indiana focuses on one-on-one counseling, capital access.
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Cities now can offer companies cash for local hires

September 20, 2011
Kathleen McLaughlin
For the first time, cities and counties in Indiana can use local income-tax revenue to offer companies cash rebates for new jobs that go to local workers.
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City to give Angie's List $4.6M to buy properties for expansion

August 16, 2011
Kathleen McLaughlin
Money for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
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Packaging manufacturer plans to expand, add 80 jobs

August 2, 2011
Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.
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Bioanalytical researcher seeking abatement for new lab

April 5, 2011
Scott Olson
Advion, a provider of bioanalytical research and a subsidiary of Ithaca, N.Y.-based Advion BioSciences Inc., is expected to open the 22,000-square-foot lab in mid-May with 49 employees, according to the company's application.
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City seeks replacement for GM plant

February 24, 2011
Francesca Jarosz
Indianapolis will spend $115,000 on a study to explore redevelopment opportunities for the 102-acre GM Stamping Plant property west of downtown that will close this summer.
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Casket maker plans $16.5M investment, 300 jobs

February 23, 2011
Scott Olson
Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.
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Local group heading Down Under for biz opportunities

February 18, 2011
Develop Indy, Marion County's local economic development organization, plans to lead a delegation of officials to Australia to attract life sciences-related business opportunities, the group announced Friday morning.
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Indy Partnership may reduce role in job recruitment

February 17, 2011
Cory Schouten
A merger among local economic development organizations could further diminish the role Indy Partnership plays in recruiting jobs to the city and region.
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Booster groups Indy Partnership, Develop Indy to merge

February 15, 2011
Cory Schouten
Local economic development groups Indy Partnership and Develop Indy plan to combine operations to save money and more effectively pitch the city and region to potential job creators.
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Arcadia Resources says it will add 930 jobs

May 19, 2010
Scott Olson
Executives of the health care services provider will be joined by Gov. Mitch Daniels and Mayor Greg Ballard for a Thursday morning announcement at the company's headquarters.
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Indianapolis Economic Development Inc. becomes Develop Indy

May 8, 2010
 IBJ Staff
Develop Indy was often confused with other business development groups, particularly the Indiana Economic Development Corp.
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Local economic development group changes its name

May 7, 2010
Peter Schnitzler
Indianapolis Economic Development Inc. rebrands itself as "Develop Indy" and moves from the Chase Tower's 19th floor to the 24th floor.
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Volcano's ash postpones Indiana trade mission

April 19, 2010
Peter Schnitzler
Officials hope to reschedule flight to Italy for Tuesday to salvage the remainder of planned job attraction and creation trip.
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IEDC leads European trade mission

April 15, 2010
Peter Schnitzler
The Indiana delegation plans to visit Germany, Italy and the United Kingdom on a job- and investment-attraction mission.
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City economic development office hires international leader

March 19, 2010
Peter Schnitzler
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
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Ballard to visit Brazil on business-development trip

March 3, 2010
Peter Schnitzler
Economic development mission targets clean technology and motorsports business-development opportunities.
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Bicycle-components manufacturer adding 105 jobs

January 27, 2010
Zipp Speed Weaponry said it will create 105 jobs by 2013 and invest $12.4 million in a new manufacturing plant in Indianapolis to make its high-end bicycle components.
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City leaders getting aggressive about recouping tax breaks

January 14, 2010
Scott Olson
Indianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements. The city will use the money to fund economic development, convention, tourism and education efforts.
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City to bolster economic development funding

January 13, 2010
Scott Olson
Mayor Greg Ballard expected to announce at his State of the City address Wednesday evening that the Indianapolis Convention & Visitors Association and Indianapolis Economic Development Inc. could receive about $1 million each from the city.
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Indianapolis Economic Development reports healthy 2009 job attraction, retention numbers

January 9, 2010
 IBJ Staff
The organization responsible for attracting new businesses to Marion County and helping companies already located here with expansion secured 11,135 job commitments and $157 million in private investment from 45 companies in 2009.
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