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Economic Development Incentives
Women's retailer plans $37M expansion, 242 jobs
September 27, 2012
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans
to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
MoreIndiana auto-parts supplier set to add jobs
September 18, 2012
Associated PressAn auto-parts supplier in northeastern Indiana plans to expand its operations and create as many as 95 new jobs.
MoreAuto parts manufacturer plans plant, 47 jobs in Shelbyville
September 11, 2012
Faeza Alloyers USA, a metal alloys manufacturer and fabricator, said it will invest nearly $7.6 million to construct and equip
a 36,000-square-foot facility in Shelbyville, its first in the United States for the Mexico-based company.
MoreFood manufacturer plans $28.5M project, 400 jobs in Indiana
September 10, 2012
Scott OlsonAn Ohio-based food manufacturer announced Monday morning that it plans to spend $28.5 million to expand a vacant food plant
in eastern Indiana, creating up to 400 jobs by 2016. The plant was formerly used by Really Cool Foods.
MoreArchitecture firm plans to expand, add 27 employees
September 6, 2012
Guidon Inc. said it will add the jobs by 2016 as part of a $545,000 expansion that includes upgrades to its facility at 2453
N. Delaware St. in Indianapolis.
MorePackaging manufacturer plans to expand, add 32 jobs
August 23, 2012
Cicero, Ill.-based Royal Box Group LLC said it plans to add 32 employees by 2017 and spend $3.8 million to build and equip
a new plant in Greenfield.
MoreWeb services firm plans downtown office, 300 jobs
August 22, 2012
San Francisco-based cloud-computing service provider Appirio Inc. said it will spend $2 million to open an office in downtown
Indianapolis' Pan Am building, where it will employ 300 by 2015.
MoreBell Techlogix plans local expansion, 204 jobs
August 20, 2012
The provider of information technology services said it will lease, equip and renovate part of a 100,000-square-foot facility
on the city's northwest side as part of the $1.4 million expansion. Bell has about 450 employees in the metropolitan area.
MoreAnderson seeking new Nestle production line
August 17, 2012
Associated PressLeaders of a central Indiana city are trying to persuade Nestle to pick it for a new production line at an existing plant
that could add about 100 jobs.
MoreEDITORIAL: Time to break TIF logjam in Indianapolis
August 11, 2012
IBJ StaffRepublican Mayor Greg Ballard's aides says delayed action on funding proposals could jeopardize pending economic development
proposals.
MoreRV parts suppliers plan to add 260 jobs in Indiana
August 8, 2012
Lippert Components Manufacturing Inc. and Kinro Manufacturing Inc., divisions of White Plains, N.Y.-based Drew Industries
Inc., said they will bring the jobs to Elkhart and Goshen by 2015 as part of a $3.7 million expansion.
MoreMarketing software firm CIK plans to expand, add 57 jobs
August 6, 2012
CIK Enterprises LLC, a marketing software and services firm, plans to add the jobs by 2016. The company will continue to lease
a 30,000-square-foot facility on the city’s west side.
MoreShowdown escalates in City-County Council over TIFs
August 4, 2012
Kathleen McLaughlinRedevelopment of the Massachusetts Avenue fire station could remain in limbo for the foreseeable future, as Mayor Greg Ballard
and council Democrats enter a standoff over tax increment financing districts.
MoreAuto parts manufacturer plans 325 jobs in Anderson
July 24, 2012
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by
2016, economic development officials announced Tuesday morning.
MoreBus seat maker to start production in Indiana
July 3, 2012
Associated PressA German company that makes passenger seats for buses and trains plans to start its first U.S. manufacturing facility in northern
Indiana, creating up to 62 jobs.
MoreCovance plans $150M expansion, 465 jobs in Greenfield
June 26, 2012
The New Jersey-based pharmaceutical research company is seeking state and local incentives as part of the expansion, which
would include a new laboratory, set to be finished in 2016. Covance already employs 565 workers at the site.
MoreHaynes plans $23.5M expansion, 40 more jobs in Kokomo
June 26, 2012
Associated PressKokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where
it makes specialty metal plates and sheets for the aerospace and other industries.
MoreTIF study highlights district shortfalls
June 23, 2012
Kathleen McLaughlinThe tax-increment finance district created around the former United Airlines maintenance hub at Indianapolis International
Airport doesn’t generate enough revenue to meet its annual debt payment. Neither do several other area TIF districts.
MoreMedical startup plans 71 jobs, seeks incentives
June 21, 2012
The city of Indianapolis granted preliminary approval for an eight-year tax abatement to Arcamed Inc., which plans to purchase
$1.4 million in equipment to design and manufacture titanium and case-tray systems for surgical instruments.
MoreSprayer maker plans Mooresville expansion
June 21, 2012
IBJ StaffMooresville-based Equipment Technologies, which makes self-propelled sprayers for agriculture, says it plans to hire 56 new
people by 2015 as part of an expansion.
MoreTurkey processor moving ahead with Indiana plant
June 8, 2012
Associated PressWork could start this month on a new turkey processing plant in southwestern Indiana a company expects to open with about
350 workers.
MoreSound equipment retailer plans expansion, 316 jobs
June 8, 2012
IBJ StaffA Fort Wayne-based retailer of music and sound equipment said Friday that it plans an expansion that would roughly double
the size of its headquarters campus and create more than 300 jobs by 2016.
MoreUPS plans $10 million upgrade on northwest side
June 5, 2012
IBJ StaffUnited Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis
and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
MoreLocal sales tax could aid economic development
June 2, 2012
Scott OlsonMost local economic development organizations rely on private contributions and some government money to support their efforts.
But an unstable economy has led to some belt-tightening and soul searching on alternative ways to fund the associations.
MoreLocal automotive supplier in line for new city incentive
May 11, 2012
Scott OlsonA shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van's Electrical
Systems invest $427,000 to purchase and rehab a vacant building on the city's west side.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.