Economic Development Agencies

Division of Carmel firm plans 300 jobs in Fort Wayne

January 29, 2013
Associated Press
Accelerated Tanks and Trailers, a division of a Carmel-based company, plans to open a Fort Wayne manufacturing plant that could bring about 300 new jobs to northeast Indiana by 2016.
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Carmel tech consultant plans expansion, 36 jobs

January 24, 2013
Allegient LLC said it will add the jobs by 2017 and expand its Carmel headquarters by 4,000 square feet.
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Bill to make IEDC more transparent moves to full senate

January 23, 2013
 The Statehouse File
The Indiana Senate Tax and Fiscal Policy Committee unanimously passed legislation Tuesday meant to makes the state’s job-creation efforts more open to the general public.
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Greenwood seeks funds back from drugmaker with big plans

January 22, 2013
J.K. Wall
Greenwood-based Elona Biotechnologies Inc., which has been trying to bring a generic version of insulin to market, was declared in default on $8.4 million in incentives from the city of Greenwood.
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Celadon receives incentives for $5.2M driving training center

January 16, 2013
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of its latest expansion at its east-side corporate campus.
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Sun King brewery lands tax breaks for expansion

January 16, 2013
Scott Olson
The downtown brewery plans to spend $2.1 million on additional equipment and add 20 jobs by 2016 in exchange for a tax abatement from the city.
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Indy chamber names economic development exec

January 9, 2013
Kathleen McLaughlin
An Austin, Texas, economic development manager with Indiana roots will soon be in charge of bringing new businesses to Indianapolis.
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Michigan's right-to-work law could change Indiana's economic development pitchRestricted Content

January 5, 2013
Dan Human
As the controversial provision spreads to other states in the region, Indiana is likely to give more weight to its other selling points.
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Celadon plans $5.2M driver training center, 182 new jobs

January 2, 2013
Chris O'Malley
Indianapolis-based trucking carrier Celadon Group Inc. plans to build a $5.25 million driver-training center and add 182 workers to its 633-employee local work force by 2016.
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Johnson picked to succeed Miles as leader of CICP

December 18, 2012
 IBJ Staff
BioCrossroads CEO David Johnson has been chosen president and CEO of the Central Indiana Corporate Partnership, succeeding Mark Miles, who is leaving the CICP after seven years to become CEO of Hulman & Co.
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Skillman to lead southern Indiana development group

December 18, 2012
Associated Press
Lt. Gov. Becky Skillman is heading south after she leaves the Indiana Statehouse to lead an economic development group revolving around the Crane Naval Surface Warfare Center.
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Times report on IEDC shows low cost of corporate subsidiesRestricted Content

December 15, 2012
Indiana spent less per capita than most states on incentives aimed at adding jobs.
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Indianapolis technology companies pledge 1,500 new jobs

December 11, 2012
Three fast-growing Indianapolis technology companies—Angie's List, ExactTarget and BidPal—plan to add up to 1,500 jobs collectively over the next half-decade, officials announced Tuesday morning.
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Medical software firm plans to expand, add 25 jobs

December 10, 2012
Indianapolis-based RND Group Inc. said it plans to spend $1.3 million to update and equip its 13,510-square-foot headquarters. The company has 27 employees.
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Manufacturer of pet supplies adding 80 jobs in Indiana

December 4, 2012
Rockville-based Scott Pet Products Inc. announced Tuesday morning that it plans to relocate its manufacturing and distribution operations in Tishomingo, Okla., to Newport in western Indiana, creating up to 80 jobs by 2014.
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Cancer treatment firm adding 27 jobs in Indianapolis

December 3, 2012
J.K. Wall
A North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs paying an average of $36 an hour at its Indianapolis facility over the next three years.
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Record number of companies grow Indiana operationsRestricted Content

December 1, 2012
The Indiana Economic Development Corp. said 220 businesses have expanded or started here, and the number could grow before the end of the year.
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Auto parts supplier expanding Indiana operations

November 30, 2012
Associated Press
Tenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
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Iron ore processor plans $350M Indiana project

November 27, 2012
 IBJ Staff
A Minnesota-based mining company plans to spend as much as $350 million to build a iron ore pellet plant in Indiana, creating up to 100 jobs by 2015, the company announced Tuesday morning.
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Speedway, IndyCar owner names Miles as new CEO

November 20, 2012
Hulman & Co., which owns Indianapolis Motor Speedway and the IndyCar series, has chosen board member and local economic development leader Mark Miles as its new CEO, the firm announced Tuesday morning.
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Diagnotes takes top prize in health care challenge

November 16, 2012
Diagnotes LLC's On Call software, which delivers patient medical records to smartphones of an on-call doctor, won the inaugural Hoosier Healthcare Innovation Challenge.
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LEADING QUESTIONS: Community guru preps new HQ

November 16, 2012
Mason King
LQ_bill_taft_watchvideo_LISCHow did the leader of one of Indy's top neighborhood development groups help save part of the City Market? How did he help spark the Super Bowl legacy project? Any advice for home rehabs? Bill Taft has answers.
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ADM planning $29M expansion on city’s southeast side

November 5, 2012
Scott Olson
Decatur, Ill.-based ADM Milling Co. is seeking tax incentives related to its plans to construct a six-story building to increase its milling capacity. The expansion will help it retain 53 workers.
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Life sciences logistics firm plans to add 108 workers

November 5, 2012
Scott Olson
Indianapolis-based BioStorage Technologies Inc. is planning to add 108 jobs in the next five years as part of a $7 million expansion and is seeking financial incentives from the city for the second time in three years.
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MacAllister Machinery expanding in southwest Indiana

October 30, 2012
Indianapolis-based MacAllister Machinery Co. Inc. said it will spend nearly $9 million to expand its Daviess Count facility and create up to 61 jobs by 2016.
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  1. It is nice and all that the developer grew up here and lives here, but do you think a company that builds and rehabs cottage-style homes has the chops to develop $150 Million of office, retail, and residential? I'm guessing they will quickly be over their skis and begging the city for even more help... This project should occur organically and be developed by those that can handle the size and scope of something like this as several other posters have mentioned.

  2. It amazes me how people with apparently zero knowledge of free markets or capitalism feel the need to read and post on a business journal website. Perhaps the Daily Worker would suit your interests better. It's definitely more sympathetic to your pro government theft views. It's too bad the Star is so awful as I'm sure you would find a much better home there.

  3. In other cities, expensive new construction projects are announced by real estate developers. In Carmel, they are announced by the local mayor. I am so, so glad I don't live in Carmel's taxbase--did you see that Carmel, a small Midwest suburb, has $500 million in debt?? That's unreal! The mayor thinks he's playing with Lego sets and Monopoly money here! Let these projects develop organically without government/taxpayer backing! Also, from a design standpoint, the whole town of Carmel looks comical. Grand, French-style buildings and promenades, sitting next to tire yards. Who do you guys think you are? Just my POV as a recent transplant to Indy.

  4. GeorgeP, you mention "necessities". Where in the announcement did it say anything about basic essentials like groceries? None of the plans and "vision" have basic essentials listed and nothing has been built. Traffic WILL be a nightmare. There is no east/west road capacity. GeorgeP, you also post on www.carmelchatter.com and your posts have repeatedly been proven wrong. You seem to have a fair amount of inside knowledge. Do you work on the third floor of Carmel City Hal?

  5. I don't know about the commuter buses...but it's a huge joke to see these IndyGo buses with just one or two passengers. Absolutely a disgusting waste of TAXPAYER money. Get some cojones and stop funding them. These (all of them) council members work for you. FIRE THEM!

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