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Economic Development Incentives
Greenwood seeks funds back from drugmaker with big plans
January 22, 2013
J.K. WallGreenwood-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.
MoreSun King brewery lands tax breaks for expansion
January 16, 2013
Scott OlsonThe 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.
MoreMichigan's right-to-work law could change Indiana's economic development pitch
January 5, 2013
Dan HumanAs the controversial provision spreads to other states in the region, Indiana is likely to give more weight to its other selling
points.
MoreCeladon plans $5.2M driver training center, 182 new jobs
January 2, 2013
Chris O'MalleyIndianapolis-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.
MoreDaniels fell short on lifting incomes
December 29, 2012
J.K. WallAs Gov. Mitch Daniels leaves office in January, there is debate about whether his policies of keeping taxes and spending low,
while pursuing alternative strategies to improve roads and schools, have been the best way to help Indiana attract and create
more high-wage, knowledge-based jobs.
MorePence says he'll review school safety; no word on guns
December 19, 2012
Associated PressIncoming Gov. Mike Pence says he'll conduct a thorough review of safety at Indiana schools in response to the Newtown
school shootings last week. He also made a number of new appointments Wednesday.
MoreChrysler plans 400 more jobs, $212M expansion in Kokomo
December 17, 2012
Dan HumanChrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that
could add more than 400 jobs.
MoreChrysler plans $162 million plant, 850 jobs in Tipton
December 17, 2012
Dan HumanTipton officials approved a 10-year tax abatement worth $2.5 million to help the company launch production in a nearly 800,000-square-foot
plant at U.S. 31 and State Road 28, about 25 miles north of Carmel.
MoreTimes report on IEDC shows low cost of corporate subsidies
December 15, 2012
Indiana spent less per capita than most states on incentives aimed at adding jobs.
MoreChrysler seeks tax incentives on Kokomo plant
December 14, 2012
Associated PressChrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton
County officials for similar incentives on a vacant plant.
MoreIndianapolis 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.
MoreMedical 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.
MoreIndiana county giving $50 million boost to food company
December 6, 2012
Associated PressThe Wayne County Council on Wednesday approved a $50 million bond issue as part of Sugar Creek Packing Co.'s plans to expand
and refurbish the former Really Cool Foods plant near Cambridge City.
MoreManufacturer 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.
MoreCancer treatment firm adding 27 jobs in Indianapolis
December 3, 2012
J.K. WallA 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.
MoreAuto parts supplier expanding Indiana operations
November 30, 2012
Associated PressTenneco 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.
MoreIron ore processor plans $350M Indiana project
November 27, 2012
IBJ StaffA 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.
MoreTruck-parts supplier expanding in Plainfield, adding 82 jobs
November 13, 2012
Troy, Mich.-based Meritor Inc., a global supplier of commercial truck parts, said it will consolidate North American remanufacturing
operations by moving production from Ontario, Canada, to its facility in Hendricks County.
MoreLocal scientific software firm plans to add 63 jobs
November 12, 2012
Scott OlsonIndianapolis-based Indigo Biosystems Inc., a scientific software provider, announced Monday morning that it plans to add 63
jobs by 2015 as part of a $1.4 million expansion.
MoreADM planning $29M expansion on city’s southeast side
November 5, 2012
Scott OlsonDecatur, 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.
MoreLife sciences logistics firm plans to add 108 workers
November 5, 2012
Scott OlsonIndianapolis-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.
MoreMacAllister 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.
MoreGubernatorial rivals eager to cut taxes
October 6, 2012
Kathleen McLaughlinIndiana’s major-party candidates for governor can’t bestow a job upon every unemployed Hoosier, but each has offered
what he considers the next-best thing: at least $500 million in tax cuts.
MoreOperations start at Amazon's new Indiana warehouse
October 4, 2012
IBJ Staff and Associated PressOfficials say Amazon.com Inc.'s new warehouse and distribution center in southern Indiana has started operations with
more than 1,000 workers.
MoreLocal software developer plans to add 25 jobs
October 2, 2012
Connect Think LLC said it will add the jobs by 2016 and will invest $244,000 in equipment to continue its focus on mobile
application development.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.