Economic Development

Indiana companies prepping for burst of acquisitions

January 22, 2011
Francesca Jarosz
Conditions are ripe for a barrage of mergers and acquisitions to take place this year.
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Business agenda might get friendly receptionRestricted Content

December 18, 2010
Mary Dieter
With Republicans firmly in control of the Indiana General Assembly, businesses have a better chance of achieving some of their legislative objectives than they have for years.
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HOLT: Regional airports can fuel economic development

December 4, 2010
David Holt
Some smaller airports have excess cargo capacity.
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Indianapolis-area experts see bright spots amid ongoing real estate weaknessRestricted Content

October 23, 2010
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
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Indiana Convention Center might need yet another expansion

September 25, 2010
Katie Maurer
The current expansion has absorbed the last of the adjoining space, leaving the convention center landlocked.
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After health reform, Lilly looking for more

September 1, 2010
J.K. Wall
The health reform debate may have ended in Congress, but Eli Lilly and Co. remains active, sponsoring a talk about the positives of the bill—and calling for further government efforts to help pharmaceutical research and development.
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Life sciences panel pegs bright spots in IndianaRestricted Content

August 14, 2010
Leaders tackle issues ranging from research to cold storage to the future of Eli Lilly and Co.
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TAYLOR: Reform will drive demand for health care facilities

May 8, 2010
Deeni Taylor
There has been a noticeable uptick in the level of health care real estate development activity this year.
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Entrepreneurs lose clout as VC funds get stingier

March 27, 2010
Scott Olson
Most local venture funds are standing pat because the economy is weak and they’re no longer in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting” stage, to try to improve investment returns.
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Indiana businesses are welcoming investment from ChinaRestricted Content

January 22, 2010
Peter Schnitzler
Some observers see a parallel to the state's seeking Japanese investment following recession in the early 1980s.
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Area hospital construction taking break after expensive binge

January 16, 2010
J.K. Wall
Observers expect a lull with inpatient facilities for five years or more, but continued proliferation of outpatient clinics and surgery centers.
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Republic Airways bringing 300 jobs to city

December 8, 2009
Chris O'Malley, Scott Olson
Republic Airways Holdings Inc. said Tuesday afternoon it will create as many as 300 jobs in Indianapolis next year by bringing Frontier Airlines’ Operation Control Center to the city.
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Local IT consulting firm plans to add 200 workers

December 1, 2009
Scott Olson
Indianapolis' largest computer consulting firm is seeking property-tax abatement relating to its plans to create 200 high-paying jobs and invest $600,000 in new equipment.
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Lilly Endowment grant extends jobs program

December 1, 2009
A $2.3 million grant awarded by Lilly Endowment Inc. on Monday will enable the Indianapolis Private Industry Council to continue a jobs program through 2011.
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Neighborhood revitalization group calling it quits

November 24, 2009
 IBJ Staff
BOS Community Development Corp., created in 1982 to revitalize the Indiana Avenue and Midtown area, says its mission is accomplished.
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Leader of Fishers chamber stepping down

November 20, 2009
Christi Wolf has served 13 years as president and CEO of the Fishers Chamber of Commerce.
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Speedway breaks ground on redevelopment project

November 19, 2009
Scott Olson

Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.

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State lands $4 million grant to aid autoworkers

November 18, 2009
The U.S. Department of Labor awarded the Indiana Department of Workforce Development a $4 million grant on Wednesday to help autoworkers transition into alternate careers.
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Frozen-food firm plans to add 350 jobs at New Albany plant

November 10, 2009
 IBJ Staff
New Albany-based Kemper Foods International LLC announced Tuesday morning that it will expand its food-production center in southeast Indiana, creating more than 350 new jobs by 2012.
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CIB may accept $27 million state loan after all

November 9, 2009
Scott Olson
The Indianapolis Capital Improvement Board likely will accept a state loan providing $27 million over three years to help shore up its fragile financial situation.
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Military firm could create 500 jobs at former chemical site

November 5, 2009
 IBJ Staff and Associated Press
Telic Corp., a developer and manufacturer of United States military equipment, announced Thursday it will invest more than $1.2 million in the former Newport Chemical Depot in western Indiana, creating up to 500 jobs.
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Harley-Davidson eliminates Indiana from relocation list

November 4, 2009
 IBJ Staff and Associated Press
Harley-Davidson has announced that a Kentucky location is the only one it will consider if it decides to relocate its York, Pa., motorcycle plant, eliminating a site south of Indianapolis from contention.
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Grill maker to locate HQ in Indiana, hire 300

October 28, 2009
 IBJ Staff
Waterloo, Ontario-based Onward Manufacturing Co. Ltd. announced Wednesday afternoon that it would locate its first U.S. grill production center in northeast Indiana, creating more than 300 jobs in Huntington by 2011.
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New IT firm to create 400 jobs in Kokomo

October 28, 2009
 IBJ Staff
Zuna Infotech will locate in Kokomo's Inventrek Technology Park, a high-tech business incubator and state-certified technology park.
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Indy Chamber of Commerce endorses smoking ban

October 26, 2009
Cory Schouten
The Indianapolis Chamber of Commerce is throwing its weight behind a tougher workplace smoking ban up for consideration tonight by the City-County Council.
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