Economic Development

Lids parent plans 'major' jobs announcement

January 10, 2014
 IBJ Staff
The Governor's office said it plans to make "a major economic development announcement" Friday morning "regarding hundreds of new jobs for Hoosiers" at the headquarters of Hat World Inc.  in Indianapolis.
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Movie shot in Indiana headed for theaters

January 7, 2014
Chris O'Malley
Indiana isn't exactly one of Hollywood's top locations for filming, but the state landed an upcoming film despite its lack of filmmaker incentives or exotic scenery.
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Fishers weighing deal to land high-potential startup

January 6, 2014
Andrea Muirragui Davis
A Colorado-based startup is poised to move its headquarters to Fishers, where it plans to open a lighting-production facility in the former Diamond Foods plant on Exit 5 Parkway near Interstate 69.
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Ex-Star reporter lands Carmel consulting deal

January 4, 2014
Chris O'Malley
Carmel reporter Dan McFeely quit the layoff-prone Indianapolis Star in November to become a consultant to Carmel’s Department of Economic Development. Records show the deal could be lucrative for the 15-year Star veteran, with the potential to earn up to $99,000 a year.
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State lags city with science, tech jobs

January 4, 2014
Dan Human
Careers in science, technology, engineering and math—typically referred to as STEM fields—have surged in growth compared to other careers in Marion and Hamilton counties. But the rest of Indiana has barely budged from the early 2000s.
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Investment manager sees good growth prospects for 2014

January 4, 2014
Norm Heikens
Tom Pence predicts change for U.S. manufacturing.
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Panel's use of TIF funds spurs new flap in Carmel

December 28, 2013
Andrea Muirragui Davis
The cash-strapped Carmel Redevelopment Commission is revising its 2014 budget to account for the loss of a six-figure income stream critics say it was not entitled to use in the first place.
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Report: Ditching business property tax shifts burden to others

December 26, 2013
 The Statehouse File
Gov. Mike Pence's plan to eliminate the tax on business equipment would mean significantly higher taxes for other property owners if the state took no specific action to protect them, according to a new analysis.
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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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  1. I am so impressed that the smoking ban FAILED in Kokomo! I might just move to your Awesome city!

  2. way to much breweries being built in indianapolis. its going to be saturated market, if not already. when is enough, enough??

  3. This house is a reminder of Hamilton County history. Its position near the interstate is significant to remember what Hamilton County was before the SUPERBROKERs, Navients, commercial parks, sprawling vinyl villages, and acres of concrete retail showed up. What's truly Wasteful is not reusing a structure that could still be useful. History isn't confined to parks and books.

  4. To compare Connor Prairie or the Zoo to a random old house is a big ridiculous. If it were any where near the level of significance there wouldn't be a major funding gap. Put a big billboard on I-69 funded by the tourism board for people to come visit this old house, and I doubt there would be any takers, since other than age there is no significance whatsoever. Clearly the tax payers of Fishers don't have a significant interest in this project, so PLEASE DON'T USE OUR VALUABLE MONEY. Government money is finite and needs to be utilized for the most efficient and productive purposes. This is far from that.

  5. I only tried it 2x and didn't think much of it both times. With the new apts plus a couple other of new developments on Guilford, I am surprised it didn't get more business. Plus you have a couple of subdivisions across the street from it. I hope Upland can keep it going. Good beer and food plus a neat environment and outdoor seating.

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