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Economic Development
Haynes plans $23.5M expansion, 40 more jobs in Kokomo
June 26, 2012
Associated PressKokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where
it makes specialty metal plates and sheets for the aerospace and other industries.
MoreTIF study highlights district shortfalls
June 23, 2012
Kathleen McLaughlinThe tax-increment finance district created around the former United Airlines maintenance hub at Indianapolis International
Airport doesn’t generate enough revenue to meet its annual debt payment. Neither do several other area TIF districts.
MoreMedical startup plans 71 jobs, seeks incentives
June 21, 2012
The city of Indianapolis granted preliminary approval for an eight-year tax abatement to Arcamed Inc., which plans to purchase
$1.4 million in equipment to design and manufacture titanium and case-tray systems for surgical instruments.
MoreBaby food maker adding 150 jobs in Lebanon
June 21, 2012
Skjodt-Barrett Contract Packaging said it plans to add the jobs by the end of September, about a year earlier than expected,
due to increased demand for its products. The company has 100 employees.
MoreSprayer maker plans Mooresville expansion
June 21, 2012
IBJ StaffMooresville-based Equipment Technologies, which makes self-propelled sprayers for agriculture, says it plans to hire 56 new
people by 2015 as part of an expansion.
MoreState’s unemployment rate held at 7.9 percent in May
June 15, 2012
The May jobless rate in Indiana was unchanged from April, although the state added 7,700 private-sector jobs last month, with
gains in sectors including trade, transportation, utilities, and private educational and health services.
MoreColumbus auto parts maker plans to add 50 jobs
June 12, 2012
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional
equipment for its 1-million-square-foot facility.
MorePlastics company nears reopening of central Indiana plant
June 11, 2012
Associated PressOfficials expect a plastic packaging manufacturer to start production this summer at a former central Indiana auto-parts factory
that closed six years ago.
MoreTurkey processor moving ahead with Indiana plant
June 8, 2012
Associated PressWork could start this month on a new turkey processing plant in southwestern Indiana a company expects to open with about
350 workers.
MoreSound equipment retailer plans expansion, 316 jobs
June 8, 2012
IBJ StaffA Fort Wayne-based retailer of music and sound equipment said Friday that it plans an expansion that would roughly double
the size of its headquarters campus and create more than 300 jobs by 2016.
MoreSound equipment retailer launching expansion
June 8, 2012
IBJ StaffSweetwater Sound Inc. in Fort Wayne plans to invest $23.5 millon and hire 316 additional workers within four years.
MoreUPS plans $10 million upgrade on northwest side
June 5, 2012
IBJ StaffUnited Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis
and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
MoreConexus: State growth will slow without more infrastructure investments
June 2, 2012
Chris O'MalleyNearly all of the $3.8 billion the state received from leasing its toll road is spent or committed, and Conexus Indiana says
roads and bridges are crumbling again. How does the group, which focuses on manufacturing and logistics, recommend paying
for infrastructure improvements? In effect, by raising taxes.
MoreState's advanced battery initiative charging ahead
June 2, 2012
Chris O'MalleyFollowing setbacks, industry leaders prepare to launch innovation center downstate
MoreLocal sales tax could aid economic development
June 2, 2012
Scott OlsonMost local economic development organizations rely on private contributions and some government money to support their efforts.
But an unstable economy has led to some belt-tightening and soul searching on alternative ways to fund the associations.
MoreCalumet plans to add 48 jobs at Indianapolis headquarters
May 25, 2012
IBJ StaffThe oil refiner, which currently has 75 full-time Indiana employees, has begun hiring management, accounting, sales, human
resources and information technology workers.
MoreLocal WellPoint unit eliminating 112 employees
May 23, 2012
National Government Services Inc., which processes Medicare and Medicaid claims for the federal government, attributed the
job reductions to the loss of a government contract. The subsidiary will still have about 500 workers in Indianapolis.
MoreChamber to merge with economic development groups
May 17, 2012
Kathleen McLaughlinThe Greater Indianapolis Chamber of Commerce will lead economic development efforts for central Indiana by merging with Develop
Indy, Indy Partnership and Business Ownership Initiative, the groups announced Thursday.
MoreSubaru to add 100 jobs as part of $75 million expansion
May 16, 2012
IBJ StaffSubaru already employs 3,600 at its Lafayette facility, with 600 workers added in the past three years. The expansion will
ramp up production from nearly 171,000 cars a year to at least 180,000.
MoreIndiana governor hopefuls detail ideas for job growth
May 12, 2012
Associated PressRepublican Mike Pence, Democrat John Gregg and Libertarian Rupert Boneham each say job creation would be "job one" if elected
governor. But their means to reaching employment goals vary from dispatching missionary-style investment gurus, to growing
more hemp and bamboo, to increasing wind-turbine manufacturing in the state.
MoreSCHREIBER: Innovation will drive health care industry
May 12, 2012
Entrepreneurship needs broader encouragement, and is targeted in a new plan.
MorePurdue's Indy tech incubator nearing capacity
May 12, 2012
Chris O'MalleyOfficials consider expanding facility that got off to a slow start but began filling up last fall.
MoreLocal automotive supplier in line for new city incentive
May 11, 2012
Scott OlsonA shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van's Electrical
Systems invest $427,000 to purchase and rehab a vacant building on the city's west side.
MoreAlabama firm that irked suppliers promises to add 350 jobs
May 11, 2012
J.K. WallAdvanced Metal Technologies of Indiana Inc., an auto and industrial parts maker owned by the Alabama-based Whitesell Group,
said it will locate its operations in Jeffersonville and add 350 jobs by 2015.
MoreIndianapolis margarine plant planning $44 million upgrade
May 11, 2012
IBJ StaffConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest
side of Indianapolis and retain 392 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.