Economic Development Incentives

Indiana auto-parts supplier set to add jobs

September 18, 2012
Associated Press
An auto-parts supplier in northeastern Indiana plans to expand its operations and create as many as 95 new jobs.
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Auto 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.
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Food manufacturer plans $28.5M project, 400 jobs in Indiana

September 10, 2012
Scott Olson
An 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.
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Architecture 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.
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Packaging 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.
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Web 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.
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Bell 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.
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Anderson seeking new Nestle production line

August 17, 2012
Associated Press
Leaders 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.
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EDITORIAL: Time to break TIF logjam in IndianapolisRestricted Content

August 11, 2012
 IBJ Staff
Republican Mayor Greg Ballard's aides says delayed action on funding proposals could jeopardize pending economic development proposals.
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RV 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.
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Marketing 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.
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Showdown escalates in City-County Council over TIFs

August 4, 2012
Kathleen McLaughlin
Redevelopment 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.
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Auto 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.
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Bus seat maker to start production in Indiana

July 3, 2012
Associated Press
A 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.
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Covance 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.
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Haynes plans $23.5M expansion, 40 more jobs in Kokomo

June 26, 2012
Associated Press
Kokomo-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.
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TIF study highlights district shortfallsRestricted Content

June 23, 2012
Kathleen McLaughlin
The 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.
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Medical 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.
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Sprayer maker plans Mooresville expansion

June 21, 2012
 IBJ Staff
Mooresville-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.
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Turkey processor moving ahead with Indiana plant

June 8, 2012
Associated Press
Work could start this month on a new turkey processing plant in southwestern Indiana a company expects to open with about 350 workers.
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Sound equipment retailer plans expansion, 316 jobs

June 8, 2012
 IBJ Staff
A 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.
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UPS plans $10 million upgrade on northwest side

June 5, 2012
 IBJ Staff
United 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.
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Local sales tax could aid economic developmentRestricted Content

June 2, 2012
Scott Olson
Most 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.
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Local automotive supplier in line for new city incentive

May 11, 2012
Scott Olson
A 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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Alabama firm that irked suppliers promises to add 350 jobs

May 11, 2012
J.K. Wall
Advanced Metal Technologies of Indiana Inc., an auto and industrial parts maker owned by the Alabama-based Whitesell Group, said it will locate its operations in Jeffersonville and add 350 jobs by 2015.
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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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