Economic Development

Passage to India: Ballard leading weeklong trade trip

April 12, 2013
 IBJ Staff
The Indianapolis delegation will hit the cities of Hyderabad and New Delhi. Visits will focus on information technology, life sciences, and research groups, organizers said.
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Chamber prez Miller resigns after 18 months

April 11, 2013
Norm Heikens
Scott 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.
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RV parts maker plans 800 jobs, new HQ in Indiana

April 9, 2013
Associated Press
Northern 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.
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IEDC deal with Mainstreet put on hold by Pence

April 8, 2013
Associated Press
Gov. 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.
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City to buy key parcel for 16th Street tech corridorRestricted Content

April 6, 2013
Scott Olson
The 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.
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Boone County development group names new leaderRestricted Content

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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Duke rolls out new Indiana economic development plan

April 5, 2013
Associated Press
The state's largest power company says it's revamping its Indiana economic development program to improve opportunities for communities to attract jobs and capital investment.
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Lawmakers hope to woo gun manufacturers to Indiana

April 3, 2013
 The Statehouse File
Two resolutions, including one that passed the House on Tuesday, aim to attract gun manufacturers to Indiana by touting the state's tax climate and gun-rights laws.
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Carbon Motors pulls equipment from Indiana plant

March 31, 2013
Associated Press
A company that had hoped to open a high-tech police car plant employing as many as 1,500 workers in eastern Indiana has cleared out its plant amid the resignation of a key official.
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Pence touring agribusinesses

March 28, 2013
Associated Press
Governor, along with Lt. Gov. Ellspermann and ag director Gina Sheets, hopes to discuss potential for growth.
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House sends governor IEDC transparency bill

March 26, 2013
 The Statehouse File
The state House of Representatives sent Gov. Mike Pence a bill Tuesday that requires the Indiana Economic Development Corp. to make job-creation reports transparent to taxpayers and policy makers.
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Celadon says new driver-training facility to create 500 jobs

March 26, 2013
Jeff Newman
The Indianapolis-based trucking firm first announced plans for the driver-education center in January, but has since expanded the project and employment projections while seeking state incentives.
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Celadon, state plan major jobs announcement

March 25, 2013
 IBJ Staff
Indianapolis-based trucking carrier Celadon Group Inc. and the state are set to make an announcement Tuesday morning "regarding hundreds of new jobs." A source familiar with the deal said the announcement involves a previously announced driver education center.
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Mission change for Atterbury may mean new jobs

March 25, 2013
Associated Press
An Indiana military institution that has been a training site for thousands of deploying troops is getting a new name and a new peacetime mission. Officials say changes could someday lead to hundreds of computer-training jobs.
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Worker training bill gathers steam in Statehouse

March 20, 2013
 The Statehouse File
A Senate committee unanimously passed legislation that’s meant to bolster the state’s economy with a new council charged with aligning work-force training efforts. House Bill 1002 – which already passed the House – now moves to the full Senate for consideration.
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Indianapolis chamber absorbs World Trade Club

March 18, 2013
 IBJ Staff
The 46-year-old World Trade Club of Indiana is becoming part of the Indy Chamber—a move organizers hope will give the not-for-profit additional firepower as it works to educate, connect and grow Hoosier businesses in the international marketplace.
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Madison County considers new reservoir on White River

March 16, 2013
Associated Press
Economic development officials are proposing a $300 million reservoir on the White River about 50 miles northeast of Indianapolis that would be a catalyst for new investments and jobs and would include marinas, boat docks and restaurants.
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Head of Indiana business agency gets ethics advice

March 15, 2013
Associated Press
The State Ethics Commission has advised Indiana's top business-recruitment official to separate himself from any decisions related to tax credits that could benefit a company he co-owns.
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Meat distributor plans plant, 80 jobs in Hancock County

March 13, 2013
Chicago-based Peer Foods Group Inc., a meat producer and distributor, said Wednesday that it plans to create 80 jobs by 2014 as part of a $5.5 million expansion into Hancock County.
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Medical device maker moving to Noblesville, adding jobs

March 12, 2013
Fishers-based Nexxt Spine LLC, a manufacturer of spinal implants, is consolidating operations and moving its headquarters and manufacturing facility to Noblesville.
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Indianapolis software firm plans to add 95 jobs by 2016

March 12, 2013
Tinderbox said it is boosting its work force as part of a $540,000 expansion of its cloud-based IT business.
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New economic development chiefs plan branding blitzRestricted Content

March 9, 2013
Kathleen McLaughlin
The state of Indiana will have a new brand, under a campaign the Indiana Economic Development Corp. plans to launch this summer. The campaign is one of a few tweaks that Commerce Secretary Victor Smith and IEDC President Eric Doden are making to Indiana’s job-growth strategy.
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Congressman invites Italian gun maker to IndianaRestricted Content

March 9, 2013
U.S. Rep. Marlin Stutzman is encouraging Beretta to move its U.S. operations from Maryland, which is considering an assault weapons ban.
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Carmel auto-dealer lender plans to add 169 workers

March 4, 2013
J.K. Wall
Carmel-based NextGear Capital plans to add 169 jobs at a new office in Carmel, the company announced Monday morning.
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Indiana's tech efforts on national radarRestricted Content

March 2, 2013
White House summit on tech startups included only 11 states after evaluation of tech economies in all 50.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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