Economic Development

Delaware County regroups after green factories fizzle

March 20, 2012
 IBJ Staff and Associated Press
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
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East-side contract manufacturer plans to add 144 jobs

March 17, 2012
Scott Olson
Mansfield-King LLC is asking the city for property tax abatements as part of its efforts to create the jobs by 2016 through a $3 million expansion. The company currently has 45 employees.
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Ozdemir emerges as powerhouse in Indianapolis real estateRestricted Content

March 17, 2012
Cory Schouten
Keystone Group, Turkish immigrant Ersal Ozdemir's 10-year-old development firm, is orchestrating some of central Indiana’s most ambitious projects, including a $15M Broad Ripple parking garage and the $60M million mixed-use Sophia Square in Carmel.
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Company says right-to-work not reason for expansion

March 15, 2012
Associated Press
MBC Group President Eric Holloway said Thursday that he always planned to expand his Brookville operations and that a state press release issued two weeks ago mistakenly quoted him as saying right-to-work legislation factored into his decision.
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Life sciences firm plans to expand, add 46 jobs

March 15, 2012
Noblesville-based Helmer Inc. said it will invest $10.6 million to build a new manufacturing and headquarters facility at the Saxony Corporate Campus near Interstate 69. It plans to add the jobs by 2014.
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Study finds $124M in visitor spending at fairgrounds

March 14, 2012
Kathleen McLaughlin
The Indiana State Fairgrounds generated $124 million in visitor spending in 2011 and has an annual impact on the local economy similar to a factory employing 500 people, according to a study released Wednesday.
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Daniels: Indiana added more jobs than thought in 2011

March 12, 2012
Associated Press
Daniels said Monday that the state is set to release new data showing that 43,000 jobs were added in the private sector last year. The Bureau of Labor Statistics originally stated Indiana added 27,000 jobs.
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Indianapolis bond bank chief Kintner is clutch hitterRestricted Content

March 10, 2012
Sam Stall
Deron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing is scarce.
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SBA lenders optimistic about year's loan outputRestricted Content

March 10, 2012
Scott Olson
Volume nevertheless is expected to fall short of last year's record numbers
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Retail chain plans 135 distribution jobs in Greencastle

March 7, 2012
Charming Shoppes Inc., a retail chain specializing in women's plus-size apparel, plans to upgrade its distribution operations in Greencastle and add up to 135 jobs by 2014, the company said Wednesday.
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Anderson eyes improvements to I-69 corridors

March 7, 2012
Associated Press
Improvements to two major corridors from Interstate 69 to downtown Anderson, reconfigurations of complicated interchanges, and changing one-way streets to two-way streets are among Mayor Kevin Smith's goals.
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Rolls-Royce plans $42M local investment, more jobs

March 6, 2012
Kathleen McLaughlin
Rolls-Royce Corp. plans to invest $42 million to set up a new manufacturing plant in Indianapolis and create 100 jobs by 2014, the company announced Tuesday morning.
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Maker of truck bodies plans to add up to 350 jobs in Goshen

March 6, 2012
 IBJ Staff
Supreme Industries said it will invest nearly $8 million to refurbish and equip facilities on its 100 acre-campus in Elkhart County.
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Local associations emerging to nurture small tech firmsRestricted Content

March 3, 2012
Chris O'Malley
Hamilton County and Bloomington are among places that are nurturing small technology firms in their own back yard. Local tech-focused organizations like theirs could stoke competition among Hoosier communities vying for coveted jobs.
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Local packaging company plans to add 101 jobs in Brookville

February 29, 2012
MBC Group plans to add the jobs by 2014 at its plant in southeastern Indiana as part of a $4.1 million investment to add four production lines.
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Covington manufacturer plans to add 68 jobs

February 28, 2012
Urbana, Ill.-based Flex-N-Gate Corp. plans to add positions by the end of the year as part of a $5.1 million expansion at its plant 75 miles west of Indianapolis.
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Speedway's plan for roundabout hits snag over billboard

February 27, 2012
Scott Olson
The Speedway Redevelopment Commission is threatening eminent domain against Clear Channel Outdoor Inc. because the billboard company won't relinquish its lease rights at a key intersection.
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Lilly plans 200 jobs at new $440M Ireland plant

February 27, 2012
 IBJ Staff and Bloomberg News
Eli Lilly and Co. plans to invest about $440 million in a new pharmaceutical plant at an existing company site in County Cork in southern Ireland. The facility in Kinsale will require as many as 200 skilled employees when fully operational.
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Bloomington panel delays vote on I-69 section

February 25, 2012
Associated Press
A southern Indiana panel has delayed until March a vote on whether to add a hotly debated section of the Interstate 69 extension into its transportation plan.
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Union suing to block Indiana right-to-work law

February 22, 2012
Associated Press
International Union of Operating Engineers Local 150 says a suit being filed Wednesday in U.S. District Court in Hammond claims the right-to-work law violates the federal and state constitutions.
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Manufacturer plans to add 70 jobs in Wells County

February 21, 2012
Haven Manufacturing in Ossian, south of Fort Wayne, makes orthopedic instruments, industrial parts and special tooling for the medical, furniture, aerospace and transportation industries.
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Talks start on developing 'airport city' to boost regionRestricted Content

February 18, 2012
Hayleigh Colombo
The Indianapolis Airport Authority is moving ahead with plans to build an “airport city” centered on its property, but not without buy-in from the surrounding communities.
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GLADDEN: Build the Indianapolis brand with the very best service

February 11, 2012
James Gladden / Special to IBJ
The innovation that led to the execution of Super Bowl XLVI was truly remarkable. On so many dimensions (crowd sizes in Super Bowl Village, scarves, the Legacy project, volunteers, murals and Super Service to name a few), Indianapolis demonstrated that it is a first-class city. It demonstrated once again, and on a level never before seen, that Indianapolis is a best practice for those studying hallmark event execution.
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Warehouse company expands in Franklin

February 9, 2012
Kathleen McLaughlin
A refrigerated warehouse company plans to expand its facility in Franklin, investing $26 million and creating as many as 50 jobs by 2014.
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Toyota plans to add 400 jobs in southwest Indiana

February 8, 2012
 IBJ Staff and Bloomberg News
Toyota Motor Corp. said Wednesday afternoon it would add 400 jobs in Princeton after consolidating production of its Highlander mid-size SUV.
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