Economic Development

Dallara sees Indy operations as springboard for U.S. expansionRestricted Content

September 21, 2013
Anthony Schoettle
Dallara is preparing to install a $5 million automobile simulator in its Speedway plant—a move that could fuel the company’s plan to dramatically grow its local operation.
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Fishers plans new development on train-station site

September 21, 2013
Andrea Muirragui Davis
Incentive deals are on the table to keep two high-potential businesses in Fishers, and the town is poised to pull the trigger on redevelopment of the Fishers Train Station property—where one of the firms could occupy third-floor office space.
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GE dropped planned investment in Bloomington factory

September 20, 2013
Associated Press
A GE Appliances spokeswoman says a $161 million investment announced three years ago was never made at a southern Indiana refrigerator factory where 160 jobs are now being cut.
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Anderson leaders work to make most of gateways

September 20, 2013
Associated Press
A group of Anderson business and civic leaders is focusing on ways to change perceptions of those traveling into the city by improving interstate entrances.
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Central Indiana mayor traveling to Italy to lure business

September 20, 2013
Associated Press
Anderson Mayor Kevin Smith said he'll meet with executives from five manufacturing companies near the city of Milan during the trip that starts Saturday.
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City votes to end tax break for tech staffing firm

September 19, 2013
Kathleen McLaughlin
The Metropolitan Development Commission voted Wednesday to cancel a tax abatement for Indianapolis-based tech staffing firm BCForward, since it didn't hit job-creation targets laid out in a 2009 economic development agreement.
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Lottery sales lag forecast under new manager

September 18, 2013
Kathleen McLaughlin
The Hoosier Lottery is running about 17 percent behind projections for surplus revenue in July and August under manager Gtech Indiana, a subsidiary of a firm that also has missed its forecasts for the Illinois lottery.
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City set to end tax break for tech staffing firm

September 18, 2013
Kathleen McLaughlin
Indianapolis-based technology staffing company BCForward won't fight a Department of Metropolitan Development move to discontinue tax breaks for the firm's Market Street headquarters.
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Recycled paper mill plans 137 jobs in Indiana

September 17, 2013
Associated Press
The Indiana Economic Development Corp. said Tuesday that Pratt Industries will invest $260 million to build the recycling plant next to its existing box-making plant in Valparaiso.
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Too few jobs in Indiana for science, tech graduatesRestricted Content

September 14, 2013
J.K. Wall
Indiana’s problem with brain drain is that its business community is too weak to offer enough jobs or high enough pay to keep graduates with the best money-making potential—those with degrees in science, technology, engineering, math and business.
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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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