Economic Development

Flanner and Buchanan parent plans $2.3M Scottsburg expansion

January 5, 2012
 IBJ Staff
The Indianapolis-based funeral services company said it will hire up to 24 workers in production, delivery and installation.
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City signs off on Celadon tax abatements

January 4, 2012
The abatements will help the company build a $3.4 million, 36,000-square-foot office building at its far-east-side headquarters. Celadon also plans to add 100 jobs.
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Columbia City company plans to add 106 jobs

January 4, 2012
Impact CNC, a production machining company, plans to add the jobs in northeastern Indiana as part of a $12.8 million expansion.
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UPDATE: Daniels places Litebox rollout on his 'Oops List'

December 30, 2011
Associated Press
Indiana Gov. Mitch Daniels is placing his early endorsement of a company that plans to make giant mobile LED screens on a list of mistakes he keeps in his office.
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State's job-creation agency claims record year

December 30, 2011
 IBJ Staff
The Indiana Economic Development Corp. announced Friday that it secured job commitments from a record 219 companies in 2011, an increase from 200 companies in 2010.
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Daniels to focus on job creation Super Bowl weekend

December 29, 2011
 Franklin College News Bureau
Indiana Gov. Mitch Daniels and state job-creation officials will tackle Super Bowl weekend by entertaining corporate executives with the potential to bring more jobs to the state – but the governor has purchased his own ticket for the game.
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Marketing firm plans downtown expansion, move

December 29, 2011
 IBJ Staff
Indianapolis-based marketing firm TrendyMinds plans to more than double its staff in the next two years, adding up to 20 jobs as it moves into a former labor union hall downtown.
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Northern Indiana RV maker to add up to 250 jobs

December 28, 2011
 IBJ Staff
The company plans to invest $3.9 million to buy land and construct a 93,000-square-foot facility adjacent to its existing 45-acre campus in the town of Topeka.
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Turkey processor to hire up to 600 for new Vincennes plant

December 22, 2011
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
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Area firms pledge 365 jobs

December 21, 2011
Francesca Jarosz
Two Central Indiana firms will receive tax incentives for growing their operations by a combined 365 workers by 2015, Indiana economic development officials announced Wednesday.
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Rolls-Royce employees begin move to downtown campus

December 20, 2011
Francesca Jarosz
Rolls-Royce Corp. began moving employees to its new downtown office building on Monday—a shift an IUPUI analyst projected could generate $510 million in annual economic activity.
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Indy Partnership leader leaving organization

December 19, 2011
Scott Olson
Executive Director Scott Fulford said he is retiring and handing over leadership to Troy Whittington, who currently is director of business development. He officially becomes interim director on Jan. 1.
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CME Group says it's staying in Illinois

December 16, 2011
 IBJ Staff and Associated Press
Illinois Gov. Pat Quinn on Friday signed tax-break legislation designed to keep the Chicago Mercantile Exchange and Sears Holding Co. from fleeing the state. CME had talked to Indianapolis officials about moving to central Indiana.
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Celadon plans expansion, $3.4M office building

December 16, 2011
Scott Olson
Celadon Group Inc. is seeking tax abatements from the city to build a $3.4 million office building at its far-east-side headquarters. The local trucking firm plans to hire 100 more employees by 2016.
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Illinois tax breaks could trigger demand for more

December 13, 2011
Associated Press
Under the threat of losing thousands of jobs to other states, Illinois lawmakers on Tuesday approved a tax-relief package meant to keep Sears and the Chicago Mercantile Exchange from leaving. The state's governor is expected to sign it.
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Illinois Senate considering CME Group tax breaks

December 13, 2011
Associated Press
The Senate has approved similar legislation in the past, so the latest version is likely to get the chamber's stamp of approval. Indianapolis and, likely, Carmel have been trying to lure the company to Indiana.
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Illinois lawmakers under gun over CME tax breaks

December 12, 2011
Bloomberg News
Lawmakers in Illinois, where major employers are threatening to leave the state if their tax burden isn’t reduced, return to Springfield on Monday to consider what they probably can’t afford to do.
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State economic development group backs right-to-work

December 9, 2011
J.K. Wall
The agency in charge of attracting business expansions to Indiana unanimously passed a resolution to support a right-to-work law, arguing that the state is automatically eliminated from many economic deals because it lacks such legislation.
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Illinois lawmakers renew efforts to keep CME Group

December 9, 2011
 IBJ Staff and Associated Press
Illinois lawmakers have reportedly reached a deal on a package of bills designed to prevent financial giant CME Group Inc. from fleeing to Indiana or another state.
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City calls off Haverstick, Redcats tax incentives

December 8, 2011
Scott Olson
Two Indianapolis companies that received tax-abatement agreements from the city in 2007 have had the incentives canceled for failing to meet investment and employment goals.
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Carmel also likely competing for CME Group

December 5, 2011
Scott Olson
A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange's description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.
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Rolls-Royce tax-incentives deal set for hearing

December 5, 2011
Cory Schouten
A plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and move thousands of office workers into downtown's Faris campus is scheduled for an initial hearing Wednesday.
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Military contractor plans new Indiana headquarters

December 5, 2011
Associated Press
Sellersburg-based Rivera Consulting Group Inc. announced Monday that would build a new facility in Clarksville and expects to add up to 85 jobs over the next three years.
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Determining jobless rate far from exact science

December 4, 2011
Associated Press
The key number used nationally to determine just how deep the problem is, the unemployment rate, is the subject of its own debate.
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Kokomo upshifting with Chrysler investmentRestricted Content

December 3, 2011
Kathleen McLaughlin
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker's transmission plants.
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  1. Thank you for pointing out the absurdity of having The Naked Cowboy at Zoobilation. For the life of me, I don’t know why anyone would want a picture with that guy, but there were plenty of folks lined up to get a shot with him. The event could have used more restrooms out on the bridge, more photo booths and vendors offering something besides meat. There were a few more veg-friendly options this year than last, but it has a long way to go.

  2. Went to Zoobilation Friday night and had a great time. The weather was super nice and the food was very good, for the most part. Lots of sliders this year at many different tents. The slider from Alexander's was inedible, all four in my group ended up tossing it after one bite. Some tents were out of food by 8:30 and one bar area was out of cups at 8:30, not sure how that can happen. Great event in Indy and I look forward to it each year.

  3. Many of the small community hospitals are now owned by the "cash-strapped" Indy biggies, with more coming. The doctor-practise buying has been done precisely to sidestep tiered payments for out-of-hospital procedures. These are no better done, or safer, because someone administers a pain shot or snaps an x-ray in a doctor's office. And the non-payment issue is resolved next year when we all have insurance, even though many still think paying private insurers an extra 10-20% is what makes our system "world-class".

  4. I'd love to see this rendering put into the context of the surrounding neighborhood/area to get a better feel for the surrounding scale. However, just by the looks of it, it appears to be an excellent project. I'm pretty sure that if Scott Olson had said nothing regarding Chicago or Wrigleyville, Mr. "Horrible" would have found nothing bad to say. I'd love to know how Indy is becoming "Chicagofied"...

  5. Truly great and funny play. Vocalists were Broadway caliber and stage settings ideal for small stage. Would go again!

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