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Economic Development
Chrysler plans 400 more jobs, $212M expansion in Kokomo
December 17, 2012
Dan HumanChrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that
could add more than 400 jobs.
MoreChrysler plans $162 million plant, 850 jobs in Tipton
December 17, 2012
Dan HumanTipton officials approved a 10-year tax abatement worth $2.5 million to help the company launch production in a nearly 800,000-square-foot
plant at U.S. 31 and State Road 28, about 25 miles north of Carmel.
MoreSigns suggest CICP will pick inside candidate to replace Miles
December 15, 2012
Dan HumanThe Central Indiana Corporate Partnership might announce a successor to CEO Mark Miles as early as Dec. 18, just a month after
Miles said he was leaving to become CEO of Hulman & Co.
MoreIEDC seeks $30M fund to stoke life sciences firms
December 15, 2012
Kathleen McLaughlinThe Indiana Economic Development Corp. is looking to renew its commitment to life sciences by creating a $30 million venture
fund. The amount dedicated to one sector would be equal to the state’s allocation for all high-tech startups over the
past two years.
MoreCarmel poised to gain HQ of new public company
December 14, 2012
Scott OlsonIngersoll-Rand PLC said it plans to spin off its commercial and residential security unit, which is headquartered in Carmel,
into a separate public company. The security division has $2 billion in annual revenue and 1,300 employees in the Indianapolis
area.
MoreChrysler seeks tax incentives on Kokomo plant
December 14, 2012
Associated PressChrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton
County officials for similar incentives on a vacant plant.
MoreYakey takes new role at Lilly Endowment
December 11, 2012
IBJ StaffThe Lilly Endowment has named former Indianapolis Economic Development Corp. president Wallace "Ace" Yakey Jr. as
the vice president for community development, the Indianapolis grant maker announced Tuesday.
MoreUPDATE: Chrysler may find use for vacant Tipton plant
December 11, 2012
IBJ Staff and Associated PressThe automaker has requested incentives to launch production in a nearly 800,000-square-foot plant that's been vacant since
being built four years ago.
MoreIndianapolis technology companies pledge 1,500 new jobs
December 11, 2012
Three fast-growing Indianapolis technology companies—Angie's List, ExactTarget and BidPal—plan to add up to 1,500
jobs collectively over the next half-decade, officials announced Tuesday morning.
MoreMedical software firm plans to expand, add 25 jobs
December 10, 2012
Indianapolis-based RND Group Inc. said it plans to spend $1.3 million to update and equip its 13,510-square-foot headquarters.
The company has 27 employees.
MoreTourism generated $4B for city last year, study says
December 6, 2012
A study released Thursday says the tourism industry in Indianapolis had an economic impact of nearly $4 billion in 2011, a
10-percent increase from the previous year.
MoreStudy: Motorsports industry contributes 23,000 jobs
December 6, 2012
Scott OlsonPurdue University says jobs created by the racing sector in Indiana pay an average annual wage of nearly $63,000, well above
the $39,700 state average.
MoreIndiana county giving $50 million boost to food company
December 6, 2012
Associated PressThe Wayne County Council on Wednesday approved a $50 million bond issue as part of Sugar Creek Packing Co.'s plans to expand
and refurbish the former Really Cool Foods plant near Cambridge City.
MoreManufacturer of pet supplies adding 80 jobs in Indiana
December 4, 2012
Rockville-based Scott Pet Products Inc. announced Tuesday morning that it plans to relocate its manufacturing and distribution
operations in Tishomingo, Okla., to Newport in western Indiana, creating up to 80 jobs by 2014.
MoreCancer treatment firm adding 27 jobs in Indianapolis
December 3, 2012
J.K. WallA North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs paying an average of $36 an hour
at its Indianapolis facility over the next three years.
MoreRecord number of companies grow Indiana operations
December 1, 2012
The Indiana Economic Development Corp. said 220 businesses have expanded or started here, and the number could grow before
the end of the year.
MoreAuto parts supplier expanding Indiana operations
November 30, 2012
Associated PressTenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply
emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
MoreIron ore processor plans $350M Indiana project
November 27, 2012
IBJ StaffA Minnesota-based mining company plans to spend as much as $350 million to build a iron ore pellet plant in Indiana, creating
up to 100 jobs by 2015, the company announced Tuesday morning.
MoreSpeedway, IndyCar owner names Miles as new CEO
November 20, 2012
Hulman & Co., which owns Indianapolis Motor Speedway and the IndyCar series, has chosen board member and local economic
development leader Mark Miles as its new CEO, the firm announced Tuesday morning.
MoreIndianapolis receives $39M loan guarantee from HUD
November 20, 2012
The city will use the funding to establish a Community and Economic Loan Pool to provide financing for economic development
and housing rehabilitation initiatives to benefit people of low and moderate incomes.
MoreDiagnotes takes top prize in health care challenge
November 16, 2012
Diagnotes LLC's On Call software, which delivers patient medical records to smartphones of an on-call doctor, won the inaugural
Hoosier Healthcare Innovation Challenge.
MoreLEADING QUESTIONS: Community guru preps new HQ
November 16, 2012
Mason King
How did the leader of one of Indy's top neighborhood development groups help save part of the City Market? How did
he help spark the Super Bowl legacy project? Any advice for home rehabs? Bill Taft has answers.
Truck-parts supplier expanding in Plainfield, adding 82 jobs
November 13, 2012
Troy, Mich.-based Meritor Inc., a global supplier of commercial truck parts, said it will consolidate North American remanufacturing
operations by moving production from Ontario, Canada, to its facility in Hendricks County.
MoreLocal scientific software firm plans to add 63 jobs
November 12, 2012
Scott OlsonIndianapolis-based Indigo Biosystems Inc., a scientific software provider, announced Monday morning that it plans to add 63
jobs by 2015 as part of a $1.4 million expansion.
MoreADM planning $29M expansion on city’s southeast side
November 5, 2012
Scott OlsonDecatur, Ill.-based ADM Milling Co. is seeking tax incentives related to its plans to construct a six-story building to increase
its milling capacity. The expansion will help it retain 53 workers.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.