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Economic Development
Local 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.
MoreLife sciences logistics firm plans to add 108 workers
November 5, 2012
Scott OlsonIndianapolis-based BioStorage Technologies Inc. is planning to add 108 jobs in the next five years as part of a $7 million
expansion and is seeking financial incentives from the city for the second time in three years.
MoreProduction of Inc. 500 firms ranks city sixth nationally
November 3, 2012
J.K. WallThe Indianapolis area produced more Inc. 500 companies per person from 2001 to 2010 than all but five other U.S. metro areas
with more than 1 million residents, according to a recent study by the Kansas City-based Kauffman Foundation.
MoreState fund invests $600,000 in neutron-detection company
November 2, 2012
The Indiana's 21st Century Fund investment will help PartTec Ltd. commercialize its technology. The money will be co-invested
with $1.2 million in private funds.
MoreMacAllister Machinery expanding in southwest Indiana
October 30, 2012
Indianapolis-based MacAllister Machinery Co. Inc. said it will spend nearly $9 million to expand its Daviess Count facility
and create up to 61 jobs by 2016.
MoreLilly CEO calls for life sciences research institute
October 23, 2012
J.K. WallEli Lilly CEO John Lechleiter on Tuesday called for creation of a "world-class" research institute in Indianapolis to bring
together scientists from universities and corporations to develop new medical therapies and companies.
MoreEDITORIAL: City waterways plan awash in promise
October 13, 2012
IBJ StaffIt’s invigorating to see the big potential of grass-roots economic development efforts. Take, for example, the Reconnecting
to Our Waterways initiative, a mammoth plan to use six waterways in the city to attract investment and improve the neighborhoods
that surround them.
MoreBanks eager to loan, but small firms hold back
October 13, 2012
Kathleen McLaughlinIndiana banks can tout more success in small-business lending since the recession ended, but the success is hard-won because
the masses of entrepreneurs remain cautious about borrowing.
MoreCommunications firm Metronet plants flag in Indy area
October 13, 2012
IBJ StaffThe Evansville company plans to install more than 200 miles of fiber-optic lines in Franklin.
MoreAirport development czar calls aggressive tactics key
October 13, 2012
Chris O'MalleyIndianapolis Airport Authority has lots of economic development opportunities, despite a difficult industry environment, insists
the airport's new senior director for commercial enterprise, Michael Huber.
MoreCity waterways initiative floats economic development ideas
October 6, 2012
Mason KingMore than 100 local groups are joining forces to rehabilitate neglected rivers and streams in Marion County in the hope of
sparking redevelopment.
MoreEDITORIAL: Residents' health a weighty issue
October 6, 2012
The projections released last month by Trust for America’s Health were sobering: By 2030, more than half of Hoosiers
will be obese.
MoreCity asks developers to make local hires in downtown TIF
October 6, 2012
Kathleen McLaughlinIndianapolis city-county councilors hope expanding the downtown TIF district will mean more jobs for their constituents. Developers,
city contractors and other firms benefiting from the expanded economic-development zone must try to ensure that 40 percent
of their work force comes from within the expanded TIF area.
MoreHopes slipping among state business owners
October 5, 2012
J.K. WallA survey of Hoosier business owners shows an increasingly a ho-hum outlook, with only one in seven optimistic for their own
company and even fewer encouraged about the U.S. economy.
MoreU.S. unemployment rate falls to 7.8 percent, wages rise
October 5, 2012
Associated PressThe nation's jobless rate fell from 8.1 to a 44-month low of 7.8 percent in September, according to government data, as employers
added 114,000 jobs. Wages rose over the month, and more people started looking for work.
MoreOperations start at Amazon's new Indiana warehouse
October 4, 2012
IBJ Staff and Associated PressOfficials say Amazon.com Inc.'s new warehouse and distribution center in southern Indiana has started operations with
more than 1,000 workers.
MoreLocal software developer plans to add 25 jobs
October 2, 2012
Connect Think LLC said it will add the jobs by 2016 and will invest $244,000 in equipment to continue its focus on mobile
application development.
MoreMORRISON: Obesity extracting huge cost in competitiveness
September 29, 2012
Ed Morrison / Special to IBJA friend recently asked me, “What’s the connection between healthy communities and economic development?”
I set out to explain why no community can compete in today’s economy without healthy brainpower.
MoreWomen's retailer plans $37M expansion, 242 jobs
September 27, 2012
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans
to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
MoreCity lands grant to study reuse of old automotive sites
September 19, 2012
Kathleen McLaughlinFederal and local funds will be used in the effort to reposition manufacturing sites abandoned by GM, Ford, Chrysler and Navistar.
MoreLocal services firm plans expansion, up to 100 jobs
September 18, 2012
IBJ StaffBusiness services firm First Advantage said Tuesday that it plans to move its operational headquarters from St. Petersburg,
Fla., to its local offices in Fishers, creating up to 100 jobs in the process.
MoreIndiana auto-parts supplier set to add jobs
September 18, 2012
Associated PressAn auto-parts supplier in northeastern Indiana plans to expand its operations and create as many as 95 new jobs.
MoreStudy: Indiana tax code discourages small businesses
September 15, 2012
Associated PressA new study of Indiana's business tax structure suggests the state's tax code discourages the small, home-grown businesses
often considered the engines of job creation.
MoreTIF expert is adviser to many municipalities
September 15, 2012
Scott OlsonLoren Matthes helped broker first tax-increment financing deal in the state
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these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.