Facilities
Plastics firm plans expansion, 54 new jobs
March 2, 2011
IBJ StaffFortville-based Genesis Plastics Welding plans to invest over $3.3 million to expand its existing production facility east
of Indianapolis, adding as many as 54 new employees by 2014.
MoreDow AgroSciences moves into new research facility
November 20, 2010
IBJ StaffThe division of Dow Chemical has a 15-year lease with Indianapolis-based developer Browning Investments on the two-story building
near West 96th Street.
MoreCaterpillar seeks tax abatement for Franklin plant
September 13, 2010
Caterpillar Reman Powertrain is requesting the tax break to offset costs related to a $13.6 million investment the company
says will help retain 338 factory jobs.
MoreRecycler J. Solotken & Co. recycles old building
March 13, 2010
IBJ StaffCentury-old firm moves from facility it had occupied since 1936 to former home of Frank E. Irish Co.
MoreEarthbound RV plans Marion plant, 300 jobs by 2013
February 17, 2010
IBJ StaffA startup firm that makes fuel-efficient recreational vehicles plans to locate its manufacturing operation in Marion, state
officials announced Tuesday night, creating as many as 300 jobs by 2013.
MoreSteak n Shake slashes restaurant spending as CEO hoards cash
January 2, 2010
Cory SchoutenFrom 1999 to 2008, Steak n Shake Co. spent an average of $55 million a year to add dozens of restaurants and buy equipment
for existing
ones. In 2009, the locally based
chain spent just $5.8 million.
MoreWind turbine maker adding 260 jobs in New Albany
November 23, 2009
IBJ StaffCalifornia-based WindStream Technologies Inc. plans to locate a development and production facility at Purdue Research Park
of Southeast Indiana, creating more than 260 jobs by 2012.
MoreElectric car maker plans Indiana manufacturing plant
November 18, 2009
IBJ StaffNorwegian electric car maker Think Global will locate its U.S. manufacturing facility in Indiana, Reuters reported Tuesday,
citing information from a major investor in the company.
MoreAarden Pharmaceuticals chose Indianapolis over San Diego for headquarters
November 14, 2009
IBJ StaffThanks partly to a state grant and support from Indiana’s BioCrossroads life sciences initiative, principals “decided
locating here would give Aarden a better chance of success.
MoreCommission OKs Ameriplex, Rexnord tax abatements
September 16, 2009
Scott OlsonThe Metropolitan Development Commission this afternoon approved two requests for property tax abatement, including one for
a mammoth development known as World Connect at AmeriPlex.
MoreAfter comeback, former United maintenance facility faces challenges
September 12, 2009
Chris O'MalleyThe mammoth facility near Indianapolis International Airport now employs as many people as it did when United Airlines abandoned
it
six years ago, but its new tenants are contending with struggles of their own.
MoreIT consultant's expansion plans include 130 new jobs
September 2, 2009
Scott OlsonIndianapolis-based information technology consultant Apparatus Inc. plans to expand its local operations and create up to
130 jobs by 2012, the company announced this morning.
MoreCIB OKs budget, but awaits council vote
August 10, 2009
Scott OlsonMembers of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.
MoreBanks building new branches despite online age
July 27, 2009
Marc D. AllanBank transaction counts—the number of people going into banks to make a deposit, cash a check or
conduct some other form of business—have declined in recent years with the increased popularity
of direct deposit, online banking and easy ATM accessibility. So why add branches?
MoreCarmel grapples with rec center finances
July 20, 2009
A new business plan is in the works for the high-end Monon Center in Carmel.
MoreEnerDel poised to get jolt of stimulus juice
June 22, 2009
Greg AndrewsWithin weeks, EnerDel expects to receive notification that it's getting as much as $480 million in financing under a U.S.
Department of Energy program aimed at fostering advanced vehicle manufacturing.
MoreIQuest buys British firm, expanding local operations
June 1, 2009
Chris O'MalleyIQuest Internet LLC, the largest Indiana-based Internet service provider, is going global, having bought a British company
that monitors and manages data, voice and video networks.
MoreGregg landing in prime spots abandoned by failed retailers Circuit City, Linens & Things
June 1, 2009
Cory SchoutenElectronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six
states and is eyeing more of the empty big boxes in an opportunistic move toward expansion.
MoreChurches look for ways to pay off construction projects planned before recession took toll on collection plates
May 25, 2009
Kathleen McLaughlinIn Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures,
including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
MoreQuality-control firm launches after key player folds
April 13, 2009
Kathleen McLaughlinEntrepreneur Steven J. Cage has launched a new quality-control business after the one he built into an industry leader shuttered
suddenly.
MoreProgress on the Prairie
April 6, 2009
It's good to see Conner Prairie thriving after the rocky years it endured earlier in the decade.
MoreConner Prairie Balloon ride will carry up to 20 people 350 feet high
March 30, 2009
Kathleen McLaughlinConner Prairie will begin its outdoor season April 2 not as a pioneer-era museum but as an "interactive history park."
MoreAuto sellers want refuge from industry fallout, but trio of bills have fallen flat at Statehouse
March 30, 2009
Chris O'MalleyCar dealers fearful of losing their flagship brands if auto manufacturers crash and burn aren't getting much help from the
Indiana General Assembly.
MoreGroup wants to redevelop buildings, land near Circle
March 23, 2009
Cory SchoutenUptown Realty Investors, owners of two vacant buildings and a fenced lot along Washington Street downtown, aren't giving up
on redevelopment even after their plans for a $40 million mixed-use structure fell apart.
MoreDrugstores expanding on 86th Street corridor
March 23, 2009
A rough economy hasn't calmed the grudge match between drugstore giants Walgreen Co. and CVS Caremark.
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Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.
Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans
Actually, it was Greenspan who encouraged the elderly to refinance their homes, using their equity to boost the economy after 9/11. In addition, it was George Bush and Barney Frank who jointly suggested that everyone should hold a piece of the rock. It was the Bush Administration, namely Treasury Secretary Paulson who deregulated Wall Street and Lenders such as Countrywide, Washington Mutual, Wachovia, Bank of America, and Wells Fargo. When the TARP Bailout Proposal went to Capitol Hill in October 2008, Treasury Secretary Paulson asked for, and received, full immunity from future prosecution, dating back to his time as CEO of Goldman Sachs, the co-recipient of the initial $350 Billion Dollar Tarp Bailout Payment for Wall Street, back in October 2008. It was the US Treasury and the Federal Reserve, both controlled by the Bush Administration, that created sub-prime mortgages, starting in 2004. Many members of the House and Senate, on both sides of the aisle, benefited from home mortgage refinancing. Banks, appraisers, and realtors pushed people into home mortgages they had no business accepting, based on claims that the housing market would only get better. Average Americans did not create Credit Default Swaps, I think those creations happened on Wall Street. Spend some time at the library, you will be shocked by what your research brings forth.