Economic Development

T-shirt printer plans 105 jobs in Lawrence

December 19, 2013
 IBJ Staff
ooShirts said it will invest $1.2 million to equip a 26,000-square-foot building that will house more than 25 automatic and manual presses.
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State reaches expansion deals with 7 companies

December 18, 2013
 IBJ Staff
Indiana Gov. Mike Pence announced plans Wednesday for seven companies to expand or start operations in central Indiana, creating a combined 1,013 jobs over the next eight years if their plans come to fruition.
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Ascension hospitals pledge 549 more service center jobs

December 18, 2013
J.K. Wall
Even though St. Louis-based Ascension Health cut nearly 900 jobs this year from its Indianapolis-based hospital subsidiary, St. Vincent Health, it wants to add 549 more to its service center here by 2016.
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IT management firm BlackInk plans downtown expansion

December 13, 2013
 IBJ Staff
Technology management firm BlackInk IT plans to expand its downtown headquarters, adding 30 workers by 2017, the Indianapolis-based company announced Friday morning.
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Car parts maker to expand operations, hire 120

December 12, 2013
 IBJ Staff
Mayco International LLC will invest $2.9 million and significantly boost employment at its Hartford City plant, due to new client orders for interior sunshades.
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Shoe maker targets Indiana for 184 customer-service jobs

December 12, 2013
 IBJ Staff
The maker of Stride Rite, Sperry Top-Sider, Hush Puppies and Keds footwear plans to expand operations in Richmond, creating 184 jobs by 2017 and retaining 130 workers in the city about 65 miles east of Indianapolis.
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Security firm's job-creation plans draw state incentives

December 11, 2013
 IBJ Staff
Allegion PLC's plans to add employees at its North American headquarters in Carmel could earn the global security firm as much as $2 million in tax credits from the Indiana Economic Development Corp.
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Region registering impressive tech-job gainsRestricted Content

December 7, 2013
Dan Human
Indianapolis’ and Carmel’s work forces were so lacking in high-tech jobs in 2001 that the void led to breakneck-speed hiring over the past 12 years as the cities caught up—faster than almost any other place in the United States.
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Downtown plan proposes street changes, parks, lighting

December 3, 2013
Scott Olson
A not-for-profit's proposal for downtown Indy focuses on making it more comfortable and dynamic for urban dwellers.
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Software startup lands state incentives, plans growth

December 3, 2013
Dan Human
AppealTrack, which makes software that manages property tax appeals, expects to double its staff to 14 by 2016.
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Westfield gearing up for big hospitality play

November 30, 2013
Andrea Muirragui Davis
Westfield’s massive Grand Park Sports Campus doesn’t open until March, but city leaders already are focused on making sure the 1 million-plus visitors they expect next year want to come back.
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Manufacturer seeks tax break, plans to add 100 jobs

November 26, 2013
 IBJ Staff
Applied Composites Engineering Inc., an Indianapolis-based designer and manufacturer of products for the aerospace industry and military applications, is planning to spend $2.5 million on equipment that would help it double its work force over the next six years.
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Indiana unemployment rate sinks to 7.5 percent as state adds jobs

November 22, 2013
 IBJ Staff
The state's jobless rate has been on a downward spiral in recent months, dropping from 8.4 percent in July to 8.1 percent in August, then falling to 7.8 percent in September.
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Newegg lands incentives from state for distribution center

November 20, 2013
 IBJ Staff
Online electronics retailer Newegg Inc., which reached an inducement deal with the city in September to open a distribution center in Indianapolis, has landed even more incentives from the state, the Indiana Economic Development Corp. announced Wednesday.
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Health care cloud firm expanding, adding 62 jobs

November 15, 2013
 IBJ Staff
The Zionsville-based firm said it will spend $1.4 million to lease and equip a 16,626-square-foot headquarters facility at Northwest Technology Park to allow for the expansion.
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Lugar big winner at Indiana Chamber awards night

November 12, 2013
Former Sen. Richard Lugar won the Indiana Chamber of Commerce Government Leader of the Year award Tuesday night, even though the Republican was ousted from office in 2012.
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U.S. economic growth perks up in third quarter

November 7, 2013
Associated Press
The U.S. economy expanded at a 2.8-percent annual rate from July through September, a surprising acceleration ahead of the 16-day partial government shutdown.
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Ex-Japanese biz exec to lead state's Asian strategy

November 7, 2013
Associated Press
Rick Pease was hired by the state after a 30-year career at Columbus-based Enkei America, the North American division of a global automotive supplier.
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T2 Systems loses tax break over technicality

November 7, 2013
Dan Human
The software developer moved across town to a new address in 2012, which nullified its agreement with the city—although it's still on track to meet its goals for new investment and hiring.
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IBJ rolls out politics website

November 6, 2013
Staff Report
The central Indiana business news authority has elevated the idea behind its popular Forefront section and created a website similarly focused on commentary about politics, policy and government.
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Startup bakery seeking tax breaks on $78M project

November 4, 2013
 IBJ Staff
Dallas-based Specialty Bakery LLC plans to build a 226,778-square-foot production and distribution facility in southwest Indianapolis that would create 241 jobs by 2018.
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Purdue makes big push into state's pharma industry

November 2, 2013
J.K. Wall
With a $60 million-plus investment, the university aims to take molecules from discovery to clinical trials.
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Redevelopment commission for Carmel in turmoilRestricted Content

November 2, 2013
Andrea Muirragui Davis
The city's big-spending redevelopment commission, which helped fund some of Carmel's most ambitious projects, now is facing a tight budget, a staff exodus and brow-raising audit.
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Review recommends stronger oversight of state contractor

November 1, 2013
 IBJ Staff and Associated Press
An independent review of Elevate Ventures found the state contractor needs more oversight even though it is "substantially compliant with its investment and operational requirements,” Indiana Gov. Mike Pence's office said Friday.
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Reagan's supply-side guru to address accountants in Indy

November 1, 2013
Chris O'Malley
Arthur Laffer is reviled by the big-government crowd for blaming high tax rates for slow economic growth. He'll discuss his cautionary tale for states while in Indianapolis next week.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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