Economic Development Incentives

Ulta targets Greenwood for $51M distribution center, 537 jobs

April 10, 2014
 IBJ Staff
Beauty products maker Ulta Inc. plans to open a fulfillment and distribution center in Greenwood that will employ as many as 537 people by 2018, the Bolingbrook, Ill.-based company announced Thursday afternoon.
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State to work with Pew on economic development

April 9, 2014
Andi TenBarge, The Statehouse File
The Pew Charitable Trusts has named Indiana one of seven states to participate in its 18-month initiative to discover effective business practices for economic development and remaining transparent to the public.
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Indiana found most transparent in study of state data access

April 9, 2014
Bloomberg News
California, the U.S. state with the largest population and budget, offers the least website access to its government spending data, according to a new study. Indiana provided the most information.
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Low-profile, high-volume graphics business growing in Fortville

April 8, 2014
Andrea Muirragui Davis
PlaqueMaker.com plans to invest as much as $3 million to expand its Fortville operations, building and equipping a 42,000-square-foot facility and nearly doubling its staff by the end of 2018.
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Abandoned Indiana factory site could lure Illinois company

April 2, 2014
Associated Press
Harvey, Ill.-based steel processor LB Steel is looking to move to the site and employ about 400 to 450 workers.
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Beck's plans $60M expansion, 100 more workers

April 2, 2014
Andrea Muirragui Davis
Indiana-based Beck’s, the country’s largest family-owned seed company, said the expansion will include research labs, greenhouses, office space, and seed-processing facilities and equipment.
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Beck's Hybrids planning to expand headquarters operation

April 1, 2014
Andrea Muirragui Davis
The growing family-owned seed company had been working with Hamilton County officials on incentives. An economic development announcement with state officials is planned for Wednesday morning.
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Once-promising bioplastics maker fizzles out

April 1, 2014
 IBJ Staff and Bloomberg News
A company that once planned to make Indiana home to the largest bioplastics manufacturing facility in the world is going out of business.
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GE Aviation promises long-term commitment to state

March 26, 2014
Kathleen McLaughlin
GE Aviation chose Indiana for its $100 million plant partly because of the potential for hiring talent from and working on advanced-manufacturing research with Purdue University. The state’s business-friendly environment also played a role.
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GE Aviation plans $92M investment, 200 jobs in first Indiana plant

March 25, 2014
Kathleen McLaughlin
The jet engine plant in Lafayette would be its first production facility in Indiana, and could expand to add hundreds of additional workers.
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City considers whether to revoke 3M tax break

March 24, 2014
Kathleen McLaughlin
Minneapolis-based 3M spent nearly $16 million in 2008 on local buildings and equipment for Aearo Technologies, but hasn’t hit hiring targets set out in a seven-year tax-abatement agreement.
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No-holds-barred tactics lifted developer Ozdemir

March 8, 2014
Cory Schouten
Ersal Ozdemir, who heads the development and construction firm Keystone Group, has charmed elected officials for years with big ideas—and hundreds of thousands of dollars in political contributions.
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Stonegate plans to add 400 workers in expansion

March 4, 2014
Chris O'Malley
The mortgage company plans to invest $6.2 million in new office space in Carmel, at the North Haven office park, helping it double its work force by 2017.
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Tech startup plans 150 local jobs by 2018

February 27, 2014
 IBJ Staff
Gusto LLC, a tech startup founded by former ChaCha and Overstock.com executive Shawn Schwegman, said it will invest $975,000 to launch the company and its debut product.
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Food giant ConAgra plans huge center north of Indianapolis

February 25, 2014
 IBJ Staff
ConAgra Foods Inc. is expanding logistics operations in central Indiana by moving a distribution center in Lebanon to a new and bigger facility it plans to build in nearby Frankfort. The move is expected to create 76 jobs.
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New owner to spend $51M firing up Noblesville foundry site

February 25, 2014
Andrea Muirragui Davis
ID Castings LLC plans to resurrect the property on South Eighth Street, an eyesore that has been underused for years. The company is asking the city for a $1.3 million tax break.
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Fishers' mayoral candidates disagree on best growth strategyRestricted Content

February 22, 2014
Andrea Muirragui Davis
The six Republicans vying to be Fishers’ first mayor fall into two camps on the key issue of growth: those who support recent efforts to spur business activity downtown, and those who advocate a more hands-off approach.
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Manufacturer plans expansions at two Indiana plants

February 10, 2014
Associated Press
Shiloh Die Cast Midwest LLC plans to expand two of its plants in northeast Indiana, leading to 145 new jobs by 2018, the company announced Monday night.
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Experts see limits to state's low-tax strategyRestricted Content

February 8, 2014
Kathleen McLaughlin
Thanks to a concerted effort to lower taxes and government spending, Indiana ousted Texas this year in the Tax Foundation’s annual ranking of business tax climates. Indiana now holds the No. 10 spot and could rise higher by eliminating the business personal property tax, an equipment tax that experts say deters investment.
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Auto supplier plans 220-worker plant in Indiana

February 5, 2014
 IBJ Staff
Switzerland-based Autoneum Holding AG said it will lease 300,000 square feet on a 23-acre site at the River Ridge Commerce Center in Jeffersonville.
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Education group plans local expansion, 30 jobs

January 22, 2014
Project Lead the Way Inc., a not-for-profit education group that moved its headquarters from New York to Indianapolis in late 2011, plans to spend $1.7 million to expand its headquarters at The Precedent Office Park.
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Software firm seeks tax breaks for HQ move, expansion

January 14, 2014
 IBJ Staff
The Consultants Consortium Inc., which does business as TCC Software Solutions, said it plans to spend about $1.3 million to renovate two buildings on a 3.6-acre property at the northeast corner of Winthrop Avenue and East 52nd Street.
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Zionsville still must finalize deal for Hat World's HQ

January 10, 2014
Andrea Muirragui Davis
The deal to move the retailer's corporate center from Marion to Boone counties dates back to May, when town officials closed on a $3 million land deal that they hoped would attract new development.
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Berry Plastics to spend $31M on expansion, hire 336 workers

January 10, 2014
The Evansville-based manufacturing giant intends to consolidate some operations from out of state into existing Indiana facilities.
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Hat World plans include new HQ, hiring 758 workers

January 10, 2014
Scott Olson
The Indy-based retailer that operates nationally as Lids plans to build a 150,000-square-foot headquarters in Zionsville, beef up local distribution operations, and go on a major hiring spree.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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