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Economic Development Incentives
Solar firm investing $500M in unused Getrag plant; 850 jobs planned
July 3, 2010
IBJ StaffA Colorado-based Abound Solar will get federal help taking over the empty Getrag plant on U.S. 31 near Kokomo,
creating as many as
850 jobs in the next three years and establishing what it says will be the largest such facility in the United States.
MoreHouse speaker continues quest for jobs data
June 30, 2010
Scott OlsonState Rep. Pat Bauer says employment figures provided by the Indiana Economic Development Corp. are a good start but insists
the
agency is not revealing everything it can.
MoreEx-Commerce chief: Lift the veil on state incentive deals
June 25, 2010
Peter SchnitzlerThe former executive director of IEDC's predecessor agency argues that regular headcount disclosure is a key part of the economic
development
process once incentive deals have been struck with companies.
MoreIEDC responds to House speaker's public records request
June 22, 2010
Peter SchnitzlerIndiana Secretary of Commerce Mitch Roob's letter Tuesday to Democrat Pat Bauer details IEDC's approach to job-creation incentives
and its clawback efforts in the recession.
MoreAIT Labs moving headquarters, adding 160 jobs
June 17, 2010
Scott OlsonThe Indianapolis-based forensics, clinical and pharmaceutical testing firm, led by CEO Michael Evans, plans to invest $74
million to acquire and equip
an existing 90,000-square-foot building in Woodland Corporate Park near West 79th Street and Interstate 465.
MoreBatesville Tool & Die expansion should create 40 jobs
June 17, 2010
Southeastern Indiana company plans to add 25,000 square feet to plant and begin hiring additional employees by the end of
next year.
MoreHat World expansion to create 571 jobs in Indianapolis
June 10, 2010
IBJ StaffHat World, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare
additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.
MoreAvon gives senior-living facility tax abatement
June 9, 2010
IBJ StaffLeo Brown LLC's 20-acre, $36 million senior-living community is expected to create 132 jobs with an average salary of $37,000
when it is completed in 2011.
MoreTipton County OKs $13M bond to help sell Getrag plant
May 19, 2010
IBJ StaffThe Tipton County Council on Tuesday unanimously approved $13 million in incentives intended to help land a solar power firm
interested in buying the empty Getrag plant on U.S. 31 near Kokomo.
MoreHealth care tech firm Gemms adding 69 jobs
April 20, 2010
IBJ StaffCarmel-based electronic medical records developer Gemms Inc. plans to invest $2.1 million to expand its headquarters and software
development operations here, more than doubling its staff in the next five years.
MoreCalifornia brewer to open Franklin plant, hire up to 150
April 15, 2010
IBJ StaffTailGate Beer said it will invest millions of dollars in machinery, equipment and energy-efficiency upgrades to establish
operations in an existing 48,000-square-foot building in Franklin Business Park.
MorePackaging company seeks abatement for expansion
April 6, 2010
Just Packaging on the east side of Indianapolis says it plans to invest in new equipment and hire 35 people by 2014.
MoreTokusen USA planning 135 jobs at new Scottsburg plant
March 24, 2010
IBJ StaffArkansas wire-maker Tokusen USA Inc. plans to establish a manufacturing plant in Scottsburg, state economic development officials
said Wednesday, touting the nearly 135 jobs expected over the next two years.
MoreFishers video software developer adding 49 jobs
March 9, 2010
IBJ StaffFishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many
as 49 new jobs by 2013.
MoreLogistics firm s2f investing $10.8M in Plainfield facility
March 8, 2010
IBJ StaffStartup logistics firm s2f worldwide LLC will invest $10.8 million to set up its headquarters and distribution center in Plainfield,
creating 250 jobs by 2013, state economic development officials said early Monday.
MoreDow AgroSciences considered expansion elsewhere
March 5, 2010
Peter SchnitzlerAgricultural biotech firm hired a site-selection consultant and considered other cities around the world for its $340 million
expansion.
MoreDow Agro plans $340M expansion, 577 new jobs
March 4, 2010
Peter SchnitzlerThe investment will greatly expand the company's research and development capacity and is a major win for the Indiana
life sciences industry. Dow AgroSciences expects most of the positions to pay between $65,000 and $95,000 annually.
MoreFord supplier Lear to add 200-plus jobs in Hammond
March 2, 2010
IBJ StaffMichigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.
MoreFort Wayne equipment distributor adding 150 jobs
February 24, 2010
Heritage Food Service Equipment Inc. will begin hiring in March, as a $1.5 million upgrade to its 125,000-square-foot facility
is completed.
MoreLebanon startup driving hard deal
February 10, 2010
J.K. WallVoCare Inc. wants $4 million in cash and tax incentives to open headquarters and call center it says could employ 300 people.
MoreShelbyville tech park keeps tax incentives
February 5, 2010
Kathleen McLaughlinState officials are giving Shelbyville's struggling Intelliplex business park another chance to use tax incentives to land
new companies
and high-paying jobs.
MoreCity of Greenwood might fund launch of insulin maker
January 30, 2010
Kathleen McLaughlinGreenwood-based Zimmerman Biotechnologies LLC hopes to become the first company in the United States to make generic insulin,
a long-awaited development in diabetes treatment. The Greenwood Common Council on Feb. 1 will consider an $8.4 million deal
that would finance construction of an insulin factory, as well as help Zimmerman with FDA-approval and equipment expenses.
MoreMobile lab maker Biologics to create 50 jobs in Brownsburg
January 29, 2010
IBJ StaffA startup that makes mobile laboratory and manufacturing facilities will locate its headquarters, design and manufacturing
operations in Brownsburg, creating at least 50 jobs by 2013.
MoreBicycle-components manufacturer adding 105 jobs
January 27, 2010
Zipp Speed Weaponry said it will create 105 jobs by 2013 and invest $12.4 million in a new manufacturing plant in Indianapolis
to make its high-end bicycle components.
MoreEnerDel hopes to hire 1,100 at new manufacturing plant
January 21, 2010
Peter SchnitzlerLithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.