Economic Development Agencies

Columbia City company plans to add 106 jobs

January 4, 2012
Impact CNC, a production machining company, plans to add the jobs in northeastern Indiana as part of a $12.8 million expansion.
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UPDATE: Daniels places Litebox rollout on his 'Oops List'

December 30, 2011
Associated Press
Indiana Gov. Mitch Daniels is placing his early endorsement of a company that plans to make giant mobile LED screens on a list of mistakes he keeps in his office.
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State's job-creation agency claims record year

December 30, 2011
 IBJ Staff
The Indiana Economic Development Corp. announced Friday that it secured job commitments from a record 219 companies in 2011, an increase from 200 companies in 2010.
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Daniels to focus on job creation Super Bowl weekend

December 29, 2011
 Franklin College News Bureau
Indiana Gov. Mitch Daniels and state job-creation officials will tackle Super Bowl weekend by entertaining corporate executives with the potential to bring more jobs to the state – but the governor has purchased his own ticket for the game.
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Turkey processor to hire up to 600 for new Vincennes plant

December 22, 2011
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
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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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CME Group says it's staying in Illinois

December 16, 2011
 IBJ Staff and Associated Press
Illinois Gov. Pat Quinn on Friday signed tax-break legislation designed to keep the Chicago Mercantile Exchange and Sears Holding Co. from fleeing the state. CME had talked to Indianapolis officials about moving to central Indiana.
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Celadon plans expansion, $3.4M office building

December 16, 2011
Scott Olson
Celadon Group Inc. is seeking tax abatements from the city to build a $3.4 million office building at its far-east-side headquarters. The local trucking firm plans to hire 100 more employees by 2016.
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Illinois tax breaks could trigger demand for more

December 13, 2011
Associated Press
Under the threat of losing thousands of jobs to other states, Illinois lawmakers on Tuesday approved a tax-relief package meant to keep Sears and the Chicago Mercantile Exchange from leaving. The state's governor is expected to sign it.
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Illinois Senate considering CME Group tax breaks

December 13, 2011
Associated Press
The Senate has approved similar legislation in the past, so the latest version is likely to get the chamber's stamp of approval. Indianapolis and, likely, Carmel have been trying to lure the company to Indiana.
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State economic development group backs right-to-work

December 9, 2011
J.K. Wall
The agency in charge of attracting business expansions to Indiana unanimously passed a resolution to support a right-to-work law, arguing that the state is automatically eliminated from many economic deals because it lacks such legislation.
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City calls off Haverstick, Redcats tax incentives

December 8, 2011
Scott Olson
Two Indianapolis companies that received tax-abatement agreements from the city in 2007 have had the incentives canceled for failing to meet investment and employment goals.
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Carmel also likely competing for CME Group

December 5, 2011
Scott Olson
A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange's description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.
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Rolls-Royce tax-incentives deal set for hearing

December 5, 2011
Cory Schouten
A plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and move thousands of office workers into downtown's Faris campus is scheduled for an initial hearing Wednesday.
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Food company closing in Indiana has unpaid bills

December 1, 2011
Associated Press
An organic food company that is closing its eastern Indiana preparation center was offered up to $3.5 million in state tax credits to open its plant, but it owes more than $31,000 in property taxes and sewer bills.
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Packaging company plans to add 63 jobs in Lawrenceburg

November 18, 2011
Toronto-based IntraPac said it will move operations from New Jersey to the southeastern Indiana town and build an 80,000-square-foot plant that should open in February.
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Logistics company plans 315 jobs in North Vernon

November 14, 2011
 IBJ Staff
Exegistics, a Wheeling, Ill.-based logistics service provider, said Monday it plans to spend about $9 million to build a rail-sided distribution facility in North Vernon, creating up to 315 jobs by the end of 2014.
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Auto supplier plans to add 100 jobs in Logansport

November 8, 2011
Federal-Mogul Corp. said it will add the jobs next year as part of a $2.7 million expansion to purchase new machinery and equipment for its 170,000-square-foot manufacturing plant and 15,000-square-foot technical center.
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New Indiana commerce chief focuses on small companies

November 6, 2011
Associated Press
The new head of the Indiana Economic Development Corp. says the agency is turning its focus to smaller companies and getting them to relocate to the state so they can build their roots.
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Turkish manufacturer selects Muncie for U.S. headquarters

November 4, 2011
Kermit USA, a manufacturer and distributor of resin-composite roofing systems, plans to add 70 jobs by 2016 as part of a $12.5 million expansion in the Delaware County city.
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Heartland Sweeteners plans $10M upgrade to Indy plant

October 31, 2011
J.K. Wall
Heartland Sweeteners LLC plans to spend nearly $10 million to upgrade its Indianapolis plant and potentially boost its work force there by 39 employees in the next five years.
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Unproven entrepreneur promises 1,100 local jobs

October 26, 2011
Cory Schouten
A West Hollywood businessman hopes to build hundreds of trucks outfitted with giant video screens. The product is unproven and so is Bob Yanagihara, the ambitious 50-year-old behind it.
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Indiana making hay from Illinois' tax mayhem

October 22, 2011
Greg Andrews
Many Illinois firms are serious about moving or expanding out of state—and Indiana economic development officials are racing to capitalize.
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Software firm plans to open downtown office, add 250 jobs

October 13, 2011
Massachusetts-based Kronos Inc., a work force management software firm, plans to create 250 jobs by 2015 as part of a $5.1 million expansion to Indianapolis. The company will occupy 31,000 square feet in downtown's PNC Center.
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Manufacturer to beef up Frankfort operations, adding 160 jobs

October 13, 2011
 IBJ Staff
LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.
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  1. Doug Henning!

  2. These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html

  3. Magician and illusionist!

  4. The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.

  5. I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?

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