Economic Development Incentives

Heartland Sweeteners plans $10M upgrade to Indy plant

October 31, 2011
J.K. Wall
Heartland Sweeteners LLC plans to spend nearly $10 million to upgrade its Indianapolis plant and potentially boost its work force there by 39 employees in the next five years.
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Guitar Center seeks abatement for new call center

October 31, 2011
The company plans to hire 246 employees to staff a call center on the northwest side of Indianapolis after announcing in August that it would close its call center in South Bend and move operations here.
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Unproven entrepreneur promises 1,100 local jobs

October 26, 2011
Cory Schouten
A West Hollywood businessman hopes to build hundreds of trucks outfitted with giant video screens. The product is unproven and so is Bob Yanagihara, the ambitious 50-year-old behind it.
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Indiana making hay from Illinois' tax mayhem

October 22, 2011
Greg Andrews
Many Illinois firms are serious about moving or expanding out of state—and Indiana economic development officials are racing to capitalize.
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Manufacturer to beef up Frankfort operations, adding 160 jobs

October 13, 2011
 IBJ Staff
LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.
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Printing manufacturer to expand in Tipton, create 35 jobs

October 11, 2011
 IBJ Staff
Bottcher America Corp. will invest $2.1 million to purchase new gear and create a 30,000-square-foot addition to its current facilities.
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Furniture manufacturer plans expansion, 120 more jobs

October 4, 2011
Goshen-based Wieland Designs Inc. said it will add the jobs by 2015 as part of a $1 million investment to improve existing facilities and purchase specialized machinery to enhance production.
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Auto parts maker plans to add 100 jobs in Columbus

October 3, 2011
Sunright America Inc., a Japanese manufacturer of automotive fasteners, plans to nearly double its current space in Columbus and add the 100 jobs by 2014.
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Incentives flow to tech firm Positron, despite red inkRestricted Content

September 29, 2011
Chris O'Malley
The molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
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IBM adds 175 jobs at Delaware County call center

September 26, 2011
The new employees are located at the company's Heartland Business Center in Daleville, where IBM already has about 500 employees.
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Steering parts manufacturer plans local expansion

September 23, 2011
Bishop Steering Technology Inc., an Indianapolis company specializing in designing rack-and-pinion steering gear, plans to expand, creating 25 additional jobs by 2014, the Indiana Economic Development Corp. said Friday.
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Auto parts manufacturer to open plant in Steuben County

September 21, 2011
Michigan-based CTA Acoustics Inc. plans to add 140 jobs by 2014 as part of a $9 million plan to open a plant in the town of Orland in northeastern Indiana.
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Cities now can offer companies cash for local hires

September 20, 2011
Kathleen McLaughlin
For the first time, cities and counties in Indiana can use local income-tax revenue to offer companies cash rebates for new jobs that go to local workers.
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Wind-turbine company moving into Evansville plant

September 13, 2011
Associated Press
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
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Rail firm says it won’t reach 650-jobs goal in Muncie

September 9, 2011
Progress Rail Services, which said last October that it would create up to 650 jobs in Muncie by 2012, now expects to employ just 250 people at the plant by the end of next year, according to a magazine.
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Trailer manufacturer adding 200 jobs in northeastern Indiana

September 9, 2011
Howe-based Cruiser RV LLC will begin hiring this month as part of an $850,000 expansion to add a new production line in nearby LaGrange.
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Medical manufacturer plans Fishers expansion

September 7, 2011
 IBJ Staff
Tridien Medical, a Coral Springs, Fla.-based manufacturer of therapeutic support surfaces, plans to expand its plant in Fishers, adding up to 40 new jobs by 2013, including 25 in the next year.
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Mayoral foes see different paths to boost businessRestricted Content

September 3, 2011
Francesca Jarosz
Both candidates for Indianapolis mayor are touting a host of ways to improve the city's business climate. Incumbent Greg Ballard champions improving the city's amenities. Challenger Melina Kennedy focuses on recruiting entrepreneurs to the city.
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Mortgage firm plans local expansion, 140 jobs

August 30, 2011
 IBJ Staff
Royal United Mortgage LLC, an Indianapolis-based mortgage firm, announced plans Tuesday to expand its local operations, adding up to 140 employees by 2013.
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Air tool manufacturer plans Indiana expansion

August 30, 2011
 IBJ Staff and Associated Press
Sullair Corp., which makes air compressors and other air tools, says it will expand its headquarters in northern Indiana and expects to add up to 113 jobs in the next few years.
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Illinois facing jobs assault from other states

August 23, 2011
Associated Press
Indiana is leading a push by other states to chip away at Illinois' vulnerable economic image and lure jobs away.
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Cable maker adding 40 jobs at Carmel headquarters

August 18, 2011
Belden Inc. said it will spend $3.1 million to lease and equip a new 30,000-square-foot facility in Carmel, where its Americas division is headquartered.
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Auto stampings plant plans to add 75 jobs in Muncie

August 18, 2011
Indiana Stampings LLC plans to add 75 jobs by 2013 as part of a $7.3 million expansion that includes leasing and equipping a 155,000-square-foot facility.
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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.
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City to give Angie's List $4.6M to buy properties for expansion

August 16, 2011
Kathleen McLaughlin
Money 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.
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  1. I still don't understand how the FBI had any right whatsoever to investigate this elderly collector. Before the Antiquities Act it was completely legal to buy, trade or collect Native American artifacts. I used to see arrow heads, axes, bowls, corn grinders at antique shops and flea markets for sale and I bought them myself. But that was in the late 60's and early 70's. And I now know that people used to steal items from sites and sell them. I understand that is illegal. But we used to find arrow heads and even a corn grinder in our back yard when I was a child. And I still have those items today in my small collection.

  2. I lived in California and they had many of the things noted in the proposed suggestions from the "Blue Ribbon Panel". California is near financial collapse now. Let's not turn the great state of Indiana into a third world dump like California.

  3. The temporary closure of BR Avenue will get a lot of attention. But, one thing reported by the IndyStar really stands out to me, and is extraordinarily depressing: “Police also have agreed to crack down on noise violations, traffic violations and public intoxication.” In other words, the police have generously agreed to do their jobs (temporarily, at least), instead of just standing around waiting for someone to call 911. When is someone in this department going to get off their fat arse (looking at you, Chief), get their minds out of 1975-era policing and into 2014, and have his department engage in pro-active work instead of sitting around waiting for someone to be shot? Why in the hell does it take 7 people getting shot in one night in one of the city’s biggest tourist destinations, to convince the police (reluctantly, it would appear) that they actually need to do their f’n jobs? When is the Chief going to realize that there’s a huge, direct, proven correlation between enforcing the law (yes, all laws, especially those affecting quality of life) and preventing larger crimes from occurring? Is it racial BS? Is that what this extraordinary reluctance is all about? Is the department and the city terrified that if they do their jobs, they might offend someone? Whom, exactly? Will the victims of violence, murder, assault, rape, robbery, and theft be offended? Will the citizens who have to tolerate their deteriorating quality of life be offended? Will the businesses who see their customers flee be offended? Or, is it simple ignorance (maybe the Chief hasn’t heard about NYC’s success in fighting crime - it’s only the biggest g*&#am city in the country, after all)? Either way, Chief, if you don’t want to do your job, then step down. Let someone who actually wants the job take it.

  4. I thought Indiana had all the funding it needed for everything. That's why the state lottery and casino gambling were allowed, as the new tax revenue would take care of everything the state wanted to do.The recommendations sound like they came from California. Better think about that. What is the financial condition of that state?

  5. I was a fan of WIBC in the morning, Steve was the only WIBC host that I listened too, he gave the news with so much flare that I enjoyed listening to him on my way to work. Katz is no Steve. Sadly, I will not be listening to WIBC anymore.

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