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Economic Development Incentives
Freight carrier plans to expand, add 183 local jobs
August 17, 2011
Thomasville, N.C.-based Old Dominion Freight Line said a $22 million investment will be used to upgrade its existing 122,340-square-foot
facility on the southwest side.
MoreCity to give Angie's List $4.6M to buy properties for expansion
August 16, 2011
Kathleen McLaughlinMoney for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered
Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
MoreAngie's List plans 500 jobs in headquarters expansion
August 16, 2011
IBJ StaffAngie’s List Inc., the fast-growing company that provides customer-review services in 200-plus markets, plans
to expand its Indianapolis headquarters, creating up to 500 new jobs by 2015, it announced Tuesday morning.
MoreWestfield company wants to add 178 jobs in Jeffersonville
August 10, 2011
J.K. WallA subsidiary of Westfield-based Revere Industries LLC could add 178 jobs in Jeffersonville in southern Indiana if it wins
approval of a property tax abatement.
MoreCity cracking down on noncompliant tax breaks
August 5, 2011
Cory SchoutenThe city of Indianapolis is seeking to overturn property tax breaks for more than 20 companies that continued to apply for
abatement even though they were unable to meet job commitments.
MoreFranklin Electric moving HQ, 220 jobs to Fort Wayne
August 4, 2011
IBJ Staff and Associated PressFranklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort
Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.
MoreRailroad plans Gary redevelopment, 251 jobs
August 3, 2011
IBJ StaffCanadian National Railway Co. on Wednesday announced plans to relocate part of its operations from Markham, Ill., to northwest
Indiana.
MoreNavistar adding, eliminating factory jobs in Indiana
August 2, 2011
IBJ StaffNavistar International Corp. announced plans Tuesday to create up to 400 factory jobs in northern Indiana while eliminating
250 manufacturing positions in the eastern part of the state.
MorePackaging manufacturer plans to expand, add 80 jobs
August 2, 2011
Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday
morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.
MoreIndianapolis eyes TIF surplus to shore up city coffers
July 23, 2011
Francesca JaroszThe city is considering ways to channel money captured for economic development in some of its 22 tax-increment-financing
districts to units such as libraries and city-county government.
MoreLocal IT consultancy plans to add 200 jobs
July 14, 2011
Knowledge Services, an Indianapolis-based information technology firm, plans to lease additional office space on the city’s
north-east side to make way for 200 more workers by 2015.
MoreCities weigh new law allowing bigger tax breaks
July 13, 2011
Francesca JaroszCommunities across the state are trying to decide how they will use a new law that provides them more flexibility to employ
economic development incentives but could increase pressure to give companies more tax breaks.
MoreNavistar seeks more tax breaks after old deal failed
July 6, 2011
Scott OlsonThe company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million
in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
MoreBush Stadium fixup fans tax tensions
June 25, 2011
Francesca JaroszThe city plans to tap a taxing district downtown to help pay for the Bush Stadium renovation, rekindling concern among some
elected officials and taxing experts that the Mayor’s Office is using the massive district to fund whatever special
city needs crop up.
MoreCrystal products maker plans expansion, 41 jobs
June 23, 2011
IBJ StaffSt. Regis USA Inc., a manufacturer of hand-etched and hand-painted glass and crystal products, plans to expand its operations
in Indianapolis, creating up to 41 new jobs by 2014, the company said Thursday.
MorePositron plans $55 million cyclotron project, 80 jobs
June 10, 2011
Andrea Muirragui DavisMedical imaging equipment maker Positron Corp. has agreed to move its operations to Noblesville, where it plans to invest
$55 million to open a high-tech facility that will make isotopes used in cardiac PET scans.
MoreMooresville farm equipment maker expanding operations
June 9, 2011
IBJ StaffEquipment Technologies, a manufacturer of agricultural spraying equipment, plans to invest nearly $6.4 million in an expansion
of its Mooresville operations, more than doubling its work force by 2015.
MoreOnline education college moving to Indianapolis
June 7, 2011
American College of Education, once affiliated with DePaul University, is moving its main campus from Chicago to Indianapolis
and expects to create up to 40 jobs by 2014. Hiring will begin once the move is complete in August.
MoreAppraisal services firm plans local expansion, 150 jobs
June 3, 2011
IBJ StaffIndianapolis-based StreetLinks Lender Solutions plans to expand its operations, adding 150 employees by 2013, the real estate
appraisal management services provider announced Friday morning.
MoreTech firm Slingshot expanding, plans 114 more jobs
May 6, 2011
IBJ StaffIndianapolis-based Slingshot SEO Inc., founded by three friends from Zionsville High School, plans to expand operations in
Indianapolis, adding 114 more employees by 2013, economic development executives announced Friday morning.
MoreMedical device manufacturer seeks abatement
May 5, 2011
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend
$2.5 million to equip it. The expansion should create 15 jobs.
MoreUPDATE: Skjodt-Barrett Foods bringing 300 jobs to Lebanon
April 28, 2011
Anthony SchoettleThe newest tenant in Lebanon Business Park will occupy 214,000 square feet and make a $20 million investment to build out
the space and install equipment.
MoreAllison to add 200-plus jobs over next two years
April 19, 2011
IBJ StaffAllison Transmission plans to invest $89 million to grow its headquarters and manufacturing operations, creating as many as
205 jobs by 2013.
MoreShelbyville uses new incubator to lure tech firm Tyros
April 16, 2011
Anthony SchoettleA company that will soon become Shelbyville’s newest corporate resident has a nifty, high-tech idea to help schools,
leagues and sports associations connect with sports referees and officials.
MoreCity considering abatement terminations, continuances
April 7, 2011
Scott OlsonFive companies are set to have their tax breaks terminated or continued as the city attempts to update the state of the benefits
that date to the previous administration.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.