Economic Development

Online retailer Newegg plans big distribution center

September 13, 2013
Kathleen McLaughlin
Newegg.com is considering a $15 million distribution center in Indianapolis that would employ 150 people by the end of 2015.
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Pence visits Subaru officials, plants tree in Japan

September 12, 2013
Jesse Wilson, The Statehouse File
Indiana Gov. Mike Pence is visiting Japanese companies that do major business in Indiana on a trade mission to Asia.
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State's top rural development officials abruptly resign

September 9, 2013
Kathleen McLaughlin
Dax Norton, director of Indiana's Office of Community and Rural Affairs, and his deputy quietly left their posts late last month, and state officials are offering no explanation for the departures.
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Some ad execs unsure about Indiana's NYC campaign

September 4, 2013
Associated Press
The Indiana Economic Development Corp. began last month running 15-second advertisements twice an hour promoting the state on the CBS Super Screen in Times Square.
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Local auto services firm plans to add 20 jobs

September 4, 2013
Express Motor Vehicle Administration Corp., a provider of managed services for auto dealers, insurance companies, corporations and financial institutions, said it will create the jobs by 2015 as part of a $700,000 expansion.
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Hoosierwood: Group seeks state tax incentives for filmmakers

September 2, 2013
Associated Press
A lobbying group is hoping it can persuade Indiana lawmakers to approve tax incentives to companies making movies in the state, saying it will create jobs.
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Health firm plans move to Carmel, adding 675 jobs

August 30, 2013
 IBJ Staff
American Specialty Health, a California-based provider of wellness programs, plans to lease about 90,000 square feet of office space in Carmel and open its new headquarters next June.
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City announces pursuit of 2018 Super Bowl

August 30, 2013
 IBJ Staff and Associated Press
Indianapolis will seek to host its second Super Bowl in 2018 after a highly praised debut in 2012. "We're going after the Super Bowl on the merits of our greatness and what we accomplished" in 2012, said Colts owner Jim Irsay.
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Indiana splashes economic message on Times Square

August 29, 2013
 The Statehouse File
The state has taken its economic development efforts to Times Square in New York City, where a couple of 15-second ads promoting Indiana are shown every hour on a 26-foot wide digital screen.
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Indy IT firm planning to add up to 400 workers

August 26, 2013
 IBJ Staff
Knowledge Services, founded by CEO Julie Bielawski in 1994, has been one of the city’s fastest-growing companies in recent years.
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Ballard wins allies for cricket strategyRestricted Content

August 24, 2013
Anthony Schoettle
Both sides of the political aisle are howling that the $6 million transforming Post Road Community Park into the Indianapolis World Sports Park could be better spent. Yet a powerful group of people and organizations says the 48-acre park championed by Mayor Greg Ballard is already paying off and will score even bigger dividends in the future.
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Language Training Center plans expansion

August 22, 2013
 IBJ Staff
Indianapolis-based Language Training Center Inc. plans a $1.5 million expansion that will lead to the hiring of 26 more employees by 2017, the company announced Thursday.
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Video game distributor plans local warehouse, 40 jobs

August 19, 2013
Solutions 2 Go LLC, a California-based distributor of specialized video game products, said that it will invest $3.3 million to open a facility in Indianapolis, creating the jobs by 2016.
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Spurned Indy continues to court manufacturing

August 17, 2013
Anthony Schoettle
Indianapolis is losing manufacturing jobs at a steady, some would say alarming, rate. And the Circle City is not alone, as many metro areas face serious challenges in retaining and attracting manufacturers.
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Wheelchair lift company shifting work to northern Indiana

August 13, 2013
Associated Press
A company that converts minivans into wheelchair-accessible vehicles plans adding up to 70 jobs at its northern Indiana headquarters by shifting production from a Michigan factory.
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T-shirt printer scoping Indy for new facility, 105 jobs

August 2, 2013
 IBJ Staff
Little Raymond's Print Shop Inc. has requested a property-tax break on $975,000 in manufacturing equipment needed for its screen-printing facility.
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Obamacare role questioned in shift to part-time workforce

July 19, 2013
Bloomberg News
Part-time employment has been outpacing full-time job growth since 2008. Economists cite still-tough economic conditions as the root cause, with some saying President Barack Obama’s 2010 health-care law exacerbates the trend.
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Fox59 hopes for ratings bump in Hoosier Lottery drawing deal

July 17, 2013
Chris O'Malley
Lottery ping-pong balls will be flying this fall at the studios of WXIN-TV Channel 59, which has secured a contract to air live drawings for the Daily 3 and Daily 4 games.
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Delta expanding operations in central Indiana

July 16, 2013
 IBJ Staff
Delta Faucet said it plans to spend about $12 million to renovate and equip its 380,000-square-foot facility in Greensburg, adding about 160 employees by 2014.
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City set to unveil Market Square project plans

July 15, 2013
Scott Olson
City officials will reveal the winner Tuesday morning from six teams that bid on redeveloping the downtown site. All proposed mixed-use projects, but they ranged in size from eight to 52 stories.
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Huge greenhouse development planned for Haughville

July 15, 2013
 IBJ Staff
New York-based BrightFarms Inc. plans to build a 100,000-square-foot hydroponic greenhouse on a vacant 5-acre parcel of land at 2219 W. Michigan St. that will employ 25.
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Shelbyville sees spark of revival downtownRestricted Content

July 13, 2013
Kathleen McLaughlin
A homegrown revival in Shelbyville could gain serious momentum with redevelopment of the vacant First Methodist Building, one of the most prominent buildings on the circle. A California investor bought the five-story building in May and plans a $3.5 million renovation.
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Two automotive suppliers plan expansions in Marion County

July 12, 2013
 IBJ Staff
Innovative Coating Solutions and Reflex & Allen USA expect to add a total of 93 employees over five years and are seeking tax breaks on $3.5 million in new equipment.
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San Diego wellness-program firm plans 300 jobs in Carmel

July 11, 2013
Andrea Muirragui Davis
American Specialty Health has lined up office space along North Meridian Street. The company may establish Carmel as its new headquarters.
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Rx benefits manager plans to hire 205 by 2015

July 9, 2013
Associated Press
Lisle, Ill.-based Catamaran Corp. has committed to hiring 104 full-time, permanent employees next year and a total of 205 by 2015.
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  1. I am also a "vet" of several Cirque shows and this one left me flat. It didn't have the amount of acrobatic stunts as the others that I have seen. I am still glad that I went to it and look forward to the next one but I put Varekai as my least favorite.

  2. Looking at the two companies - in spite of their relative size to one another -- Ricker's image is (by all accounts) pretty solid and reputable. Their locations are clean, employees are friendly and the products they offer are reasonably priced. By contrast, BP locations are all over the place and their reputation is poor, especially when you consider this is the same "company" whose disastrous oil spill and their response was nothing short of irresponsible should tell you a lot. The fact you also have people who are experienced in franchising saying their system/strategy is flawed is a good indication that another "spill" has occurred and it's the AM-PM/Ricker's customers/company that are having to deal with it.

  3. Daniel Lilly - Glad to hear about your points and miles. Enjoy Wisconsin and Illinois. You don't care one whit about financial discipline, which is why you will blast the "GOP". Classic liberalism.

  4. Isn't the real reason the terrain? The planners under-estimated the undulating terrain, sink holes, karst features, etc. This portion of the route was flawed from the beginning.

  5. You thought no Indy was bad, how's no fans working out for you? THe IRl No direct competition and still no fans. Hey George Family, spend another billion dollars, that will fix it.

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