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Economic Development
Polaris plans $4.7 million laboratory expansion
May 22, 2013
IBJ StaffPolaris Laboratories LLC, an Indianapolis-based company that analyzes oil, fuel and coolants, said it plans a $4.7 million
local expansion that will add up to 25 employees by 2016.
MoreWork stops on Greenwood pharmaceutical plant
May 20, 2013
IBJ Staff and Associated PressGreenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the
construction loan.
MoreGreenwood, Whiteland try to spur, shape growth
May 18, 2013
Kathleen McLaughlinTwo Johnson County communities are determined to capture—and control—the next wave of suburban growth.
MoreOesterle sells land to Angie's List, reaping millions
May 18, 2013
Chris O'MalleyAngie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property
for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s
the property, at well above its assessed value.
MoreRiver protest set for proposed central Indiana reservoir
May 17, 2013
Associated PressOrganizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness
of the amount of land that would disappear if the reservoir is built.
MoreEco devo veteran takes over Hamilton County Alliance
May 15, 2013
Andrea Muirragui DavisFormer state Department of Commerce Chief Tim Monger took the reins of the economic development group after financial woes
forced the organization to reevaluate priorities. He plans an aggressive approach.
MoreManufacturer planning expansion, 100 jobs in Boone County
May 13, 2013
IBJ StaffCNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million
expansion in Lebanon.
MoreTruck insurer’s new jobs to boast gold-plated pay
May 11, 2013
The 133 full-time jobs the truck and auto insurer plans to add over the next five years will pay around $60 an hour, or nearly
$125,000 a year.
MorePence signs $100 million Speedway funding bill
May 10, 2013
Associated PressIndiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for
planned improvements.
MoreBroad Ripple telecom firm plans big growth, 183 jobs
May 10, 2013
Mason KingFounded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and
plans to invest $4.1 million as it aggressively hires new employees.
MoreReview finds no conflict in state's deal with Mainstreet
May 7, 2013
IBJ Staff and Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based
economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
MoreSubaru planning major expansion in Indiana
May 7, 2013
IBJ Staff and Associated PressSubaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed
on the matter says.
MorePence signs sentencing, IEDC-transparency bills
May 7, 2013
Associated PressIndiana Gov. Mike Pence signed three bills into law Tuesday, one involving government transparency in economic development
deals, one related to school safety and another overhauling criminal sentencing.
MoreGovernor taps ex-WellPoint CEO Braly for IEDC board
May 7, 2013
J.K. WallThe appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the
Indianapolis-based health insurer in August.
MoreNew lights only the beginning for Brickyard changes
April 27, 2013
Anthony SchoettleEverything is on the table for consideration, says new Hulman & Co. CEO Mark Miles.
MoreSpeedway's Speed Zone redevelopment project in high gear
April 27, 2013
Anthony SchoettleSome goals have been realized, while others are moving through the pipeline.
MoreHAGERMAN: Turbulent times like these not for the faint of heart
April 20, 2013
Jeff HagermanStrategic planning for market-sector success in commercial real estate has always been difficult and risky, but the past five
years of the recession have only compounded this uncertainty.
MoreOnline sales-tax proposal hits Senate roadblock
April 18, 2013
Associated PressRepublican state senators have blocked a vote on a bill that would force Amazon.com and some other online-only retailers to
start collecting Indiana's 7-percent sales tax this summer.
MoreGrand Design RV plans 500 jobs in Elkhart County
April 18, 2013
Associated PressGrand Design RV in Middlebury on Thursday said it plans to locate its headquarters and manufacturing operations in the Elkhart
County town about 30 miles east of South Bend.
MorePassage to India: Ballard leading weeklong trade trip
April 12, 2013
IBJ StaffThe Indianapolis delegation will hit the cities of Hyderabad and New Delhi. Visits will focus on information technology, life
sciences, and research groups, organizers said.
MoreChamber prez Miller resigns after 18 months
April 11, 2013
Norm HeikensScott Miller, 45, will leave the Indy Chamber after a short tenure that included leading the body through mergers with several
like-minded groups. He tells IBJ he felt that he had already accomplished his major goals and wanted to shift to
the private sector.
MoreRV parts maker plans 800 jobs, new HQ in Indiana
April 9, 2013
Associated PressNorthern Indiana's recreational vehicle industry is getting a boost with the relocation of RV components producer Drew
Industries Inc. to Elkhart and its pledge of up to 800 new jobs by 2017.
MoreIEDC deal with Mainstreet put on hold by Pence
April 8, 2013
Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. on Monday to review its decision to grant $345,000 in economic
incentives to a company started by a top Republican lawmaker and his son.
MoreCity to buy key parcel for 16th Street tech corridor
April 6, 2013
Scott OlsonThe city of Indianapolis is poised to pay Citizens Energy Group $6.5 million to buy a key parcel of real estate it’s
targeting as the centerpiece of its ambitious 16 Tech project.
MoreBoone County development group names new leader
April 6, 2013
Bryan Brackemyre, who has been interim executive director of the Boone County Economic Development Corp. since his predecessor
left for a position in state government early this year, got the full-time job effective April 1.
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