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Economic Development
Tax break would barely put dent in Speedway's to-do list
February 16, 2013
Anthony SchoettleThe Indianapolis Motor Speedway will need far more money than it will get from a proposed state tax subsidy if it hopes to
be in the top tier of U.S. racing venues, sports business experts said.
MoreBallard: Don't measure trade missions by new jobs
February 16, 2013
Kathleen McLaughlinAbout to embark on his eighth trade mission since 2008, Indianapolis Mayor Greg Ballard is committed to keeping up the city’s
international profile, regardless of whether that results in a major economic-development deal.
MoreGreensburg auto-parts plant plans expansion, 200-plus hires
February 12, 2013
IBJ StaffAutomotive supplier Valeo expects to invest $15.5 million in new machinery for its Greensburg facility as part of its plans
to expand operations in the plant and bring more than 200 workers onto the company payroll by 2014.
MoreStruggling Greenwood biotech firm finds buyer
February 7, 2013
IBJ StaffElona Biotechnologies Inc., which has been struggling to repay Greenwood for more than $8 million in economic development
incentives, says it has solution to its financial problems.
MoreLocal tool supplier plans to expand, add 20 jobs
February 5, 2013
Indianapolis-based Hahn Systems LLC said it will add 20 jobs by 2016 as part of a $900,000 expansion that includes purchasing
and equipping a 27,000-square-foot facility.
MoreHealth care startups hungry for funds
February 2, 2013
J.K. WallFrustrated by up-and-down state funding for startup life sciences companies, industry leaders are talking up a plan to create
a dedicated funding stream that could total $30 million a year.
MoreRenamed Carmel financing firm planning big growth
February 1, 2013
Dealer Services Corp. in Carmel has begun operating as NextGear Capital after being acquired by Atlanta-based Manheim Inc.
NextGear plans to relocate in the next month and double its employment, to 450, in the next year.
MoreIndy Partnership names new executive director
February 1, 2013
Marty Vanags, CEO of the Bloomington-Normal Economic Development Council in Illinois, will start work March 1 at The Indy
Partnership.
MoreIndiana pulls support for proposed fertilizer plant
February 1, 2013
Associated PressState officials have suspended their support for a proposed southwestern Indiana fertilizer plant while they investigate a
Pakistani company involved in the project.
MoreLife sciences consultancy plans to expand, add 38 jobs
January 29, 2013
Indianapolis-based Pearl Pathways, founded by two former Eli Lilly employees, plans to move into new space in March and add
the jobs by 2016.
MoreDivision of Carmel firm plans 300 jobs in Fort Wayne
January 29, 2013
Associated PressAccelerated Tanks and Trailers, a division of a Carmel-based company, plans to open a Fort Wayne manufacturing plant that
could bring about 300 new jobs to northeast Indiana by 2016.
MoreBill to make IEDC more transparent moves to full senate
January 23, 2013
The Statehouse FileThe Indiana Senate Tax and Fiscal Policy Committee unanimously passed legislation Tuesday meant to makes the state’s
job-creation efforts more open to the general public.
MoreGreenwood seeks funds back from drugmaker with big plans
January 22, 2013
J.K. WallGreenwood-based Elona Biotechnologies Inc., which has been trying to bring a generic version of insulin to market, was declared
in default on $8.4 million in incentives from the city of Greenwood.
MoreShape of 'jobs budget' depends on the state
January 20, 2013
Associated PressThe proposals of Indiana Gov. Mike Pence and Maryland Gov. Martin O'Malley epitomize the reality of the Red State and Blue
State philosophy of just what a 'jobs budget' looks like.
MoreCeladon receives incentives for $5.2M driving training center
January 16, 2013
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of
its latest expansion at its east-side corporate campus.
MoreSun King brewery lands tax breaks for expansion
January 16, 2013
Scott OlsonThe downtown brewery plans to spend $2.1 million on additional equipment and add 20 jobs by 2016 in exchange for a tax abatement
from the city.
MoreIndy chamber names economic development exec
January 9, 2013
Kathleen McLaughlinAn Austin, Texas, economic development manager with Indiana roots will soon be in charge of bringing new businesses to Indianapolis.
MoreU.S. unemployment rate remains at 7.8 percent
January 4, 2013
Associated PressU.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve
the fiscal cliff.
MoreCeladon plans $5.2M driver training center, 182 new jobs
January 2, 2013
Chris O'MalleyIndianapolis-based trucking carrier Celadon Group Inc. plans to build a $5.25 million driver-training center and add 182 workers
to its 633-employee local work force by 2016.
MoreDaniels fell short on lifting incomes
December 29, 2012
J.K. WallAs Gov. Mitch Daniels leaves office in January, there is debate about whether his policies of keeping taxes and spending low,
while pursuing alternative strategies to improve roads and schools, have been the best way to help Indiana attract and create
more high-wage, knowledge-based jobs.
MoreIrvington groups save landmark from demolition
December 26, 2012
Dan HumanThe former post office at Washington Street and Ritter Avenue once anchored a commercial hub in the historic neighborhood.
About $400,000 in repairs are expected before the groups attempt to flip the property for a new use.
MoreGreater Indy chamber elects new leaders
December 22, 2012
John Thompson of First Electric Supply will lead the organization's 120-member board.
MoreState’s unemployment rate holds steady at 8 percent
December 21, 2012
Scott OlsonIndiana shed 9,800 private-sector jobs in November, mainly due to losses in the construction industry, according to state
officials.
MoreDigital marketer Raidious to add up to 75 downtown jobs
December 20, 2012
IBJ StaffThe company, which currently has 20 Indianapolis employees, began its expansion this fall by leasing 2,800 square feet of
office space in the Morrison Opera House, 47 S. Meridian St.
MoreJohnson picked to succeed Miles as leader of CICP
December 18, 2012
IBJ StaffBioCrossroads CEO David Johnson has been chosen president and CEO of the Central Indiana Corporate Partnership, succeeding
Mark Miles, who is leaving the CICP after seven years to become CEO of Hulman & Co.
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Many serial killer types and psychopaths work as lowly bureaucrats, just waiting to impose their wrath on a powerless person, child, or pet. Don't forget, the BTK killer was a dog catcher.
If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.