Economic Development Incentives

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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Indianapolis margarine plant planning $44 million upgrade

May 11, 2012
 IBJ Staff
ConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest side of Indianapolis and retain 392 workers.
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Fast-growing One Click lands $1M state incentive deal

May 10, 2012
Cory Schouten
A Greenwood e-commerce company could collect $1 million in state tax credits and training grants if it succeeds in hiring 109 new employees over the next five years.
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Finish Line plans to add 327 jobs as part of expansion

May 1, 2012
The Indianapolis-based retailer of athletic shoes and apparel said it will add the jobs by 2016 as part of a multimillion-dollar expansion that will upgrade its e-commerce systems.
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Illinois furniture manufacturer moving to Indiana

April 24, 2012
 IBJ Staff
Chicago-based Selected Furniture LLC is planning to move its operations to Indiana, the manufacturer said Tuesday, creating up to 100 new jobs by 2014.
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Growing distributor to expand into Greenwood

April 24, 2012
Kathleen McLaughlin
A distribution company that specializes in handling food for retailers has outgrown its Plainfield space and plans to take up another 400,000 square feet in Greenwood. Prime Distribution estimates it would add 35 employees by 2016.
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Cummins plans $219 million expansion at Seymour plant

April 24, 2012
The Columbus-based manufacturer of diesel engines said it will add 290 jobs in Seymour as part of a major expansion that will include new warehouses, additional engineering, production and testing facilities, and a new office building.
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Indiana auto-parts maker plans to add 120 jobs

April 23, 2012
ThyssenKrupp Presta Terre Haute LLC plans to spend $22 million to add three assembly lines and expand its manufacturing facility in Vigo County by nearly 70,000 square feet.
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Mansfield-King lands state incentives for expansion plan

April 13, 2012
The Indianapolis-based manufacturer and distributor of personal care products plans to add the 144 jobs by 2016 as part of a $3.4 million expansion.
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SMC plans $19M Noblesville expansion, 163 jobs

April 10, 2012
 IBJ Staff
SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.
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Whirlpool agrees to pay state $800,000 for job losses

April 3, 2012
Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for in an economic development incentives agreement.
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Brainard seeks deal on maxed-out TIFRestricted Content

March 31, 2012
Kathleen McLaughlin
Carmel Mayor Jim Brainard might relinquish his political trump card in an effort to refinance some of the $240 million in debt that’s weighing on the city’s tax-increment finance districts.
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Carmel consulting firm plans to expand, add 96 jobs

March 29, 2012
enVista LLC, which provides enterprise and supply chain consulting services, plans to add nearly 100 workers by 2016 as part of a $1.2 million expansion at its Carmel headquarters on North Meridian Street.
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Bloomington-based employment agency plans to add 307 jobs

March 28, 2012
Employment Plus Inc. said it plans to add the positions by 2015 at it establishes a new headquarters and staffs new branches in the state.
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Amazon plans another Indiana warehouse, 1,000 jobs

March 27, 2012
The online retailer said it will open a new warehouse in Jeffersonville and create up to 1,050 jobs by 2015 as part of a $150 million investment. The distribution facility would be the company's fifth in Indiana.
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Manufacturer expanding northeast-Indiana operations

March 23, 2012
Associated Press
Busche Enterprise Division Inc. said it will spend about $17 million to buy, expand and equip a factory near its headquarters in the Noble County town of Albion, adding up to 120 workers by 2015.
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Fishers collection agency expanding, adding 140 jobs

March 22, 2012
DECA Financial Services LLC plans to add 140 jobs by 2015 as part of a $2.6 million expansion that includes the purchase of a building on Visionary Way in Fishers.
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Delaware County regroups after green factories fizzle

March 20, 2012
 IBJ Staff and Associated Press
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
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East-side contract manufacturer plans to add 144 jobs

March 17, 2012
Scott Olson
Mansfield-King LLC is asking the city for property tax abatements as part of its efforts to create the jobs by 2016 through a $3 million expansion. The company currently has 45 employees.
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Company says right-to-work not reason for expansion

March 15, 2012
Associated Press
MBC Group President Eric Holloway said Thursday that he always planned to expand his Brookville operations and that a state press release issued two weeks ago mistakenly quoted him as saying right-to-work legislation factored into his decision.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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