Indiana Economic Development Corp.

Indiana Senate OKs business agency disclosure bill

February 26, 2013
Associated Press
Senators voted 49-1 Tuesday in favor of requiring the Indiana Economic Development Corp. to prepare an annual public report on tax incentives provided to businesses and the number of jobs created by their projects.
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Local tool supplier plans to expand, add 20 jobs

February 5, 2013
Indianapolis-based Hahn Systems LLC said it will add 20 jobs by 2016 as part of a $900,000 expansion that includes purchasing and equipping a 27,000-square-foot facility.
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Indiana pulls support for proposed fertilizer plant

February 1, 2013
Associated Press
State officials have suspended their support for a proposed southwestern Indiana fertilizer plant while they investigate a Pakistani company involved in the project.
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Life sciences consultancy plans to expand, add 38 jobs

January 29, 2013
Indianapolis-based Pearl Pathways, founded by two former Eli Lilly employees, plans to move into new space in March and add the jobs by 2016.
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Division of Carmel firm plans 300 jobs in Fort Wayne

January 29, 2013
Associated Press
Accelerated Tanks and Trailers, a division of a Carmel-based company, plans to open a Fort Wayne manufacturing plant that could bring about 300 new jobs to northeast Indiana by 2016.
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Carmel tech consultant plans expansion, 36 jobs

January 24, 2013
Allegient LLC said it will add the jobs by 2017 and expand its Carmel headquarters by 4,000 square feet.
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Bill to make IEDC more transparent moves to full senate

January 23, 2013
 The Statehouse File
The Indiana Senate Tax and Fiscal Policy Committee unanimously passed legislation Tuesday meant to makes the state’s job-creation efforts more open to the general public.
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Michigan's right-to-work law could change Indiana's economic development pitchRestricted Content

January 5, 2013
Dan Human
As the controversial provision spreads to other states in the region, Indiana is likely to give more weight to its other selling points.
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Daniels fell short on lifting incomesRestricted Content

December 29, 2012
J.K. Wall
As Gov. Mitch Daniels leaves office in January, there is debate about whether his policies of keeping taxes and spending low, while pursuing alternative strategies to improve roads and schools, have been the best way to help Indiana attract and create more high-wage, knowledge-based jobs.
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Digital marketer Raidious to add up to 75 downtown jobs

December 20, 2012
 IBJ Staff
The company, which currently has 20 Indianapolis employees, began its expansion this fall by leasing 2,800 square feet of office space in the Morrison Opera House, 47 S. Meridian St.
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IEDC seeks $30M fund to stoke life sciences firmsRestricted Content

December 15, 2012
Kathleen McLaughlin
The Indiana Economic Development Corp. is looking to renew its commitment to life sciences by creating a $30 million venture fund. The amount dedicated to one sector would be equal to the state’s allocation for all high-tech startups over the past two years.
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Times report on IEDC shows low cost of corporate subsidiesRestricted Content

December 15, 2012
Indiana spent less per capita than most states on incentives aimed at adding jobs.
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Medical software firm plans to expand, add 25 jobs

December 10, 2012
Indianapolis-based RND Group Inc. said it plans to spend $1.3 million to update and equip its 13,510-square-foot headquarters. The company has 27 employees.
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Manufacturer of pet supplies adding 80 jobs in Indiana

December 4, 2012
Rockville-based Scott Pet Products Inc. announced Tuesday morning that it plans to relocate its manufacturing and distribution operations in Tishomingo, Okla., to Newport in western Indiana, creating up to 80 jobs by 2014.
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Cancer treatment firm adding 27 jobs in Indianapolis

December 3, 2012
J.K. Wall
A North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs paying an average of $36 an hour at its Indianapolis facility over the next three years.
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Record number of companies grow Indiana operationsRestricted Content

December 1, 2012
The Indiana Economic Development Corp. said 220 businesses have expanded or started here, and the number could grow before the end of the year.
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Auto parts supplier expanding Indiana operations

November 30, 2012
Associated Press
Tenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
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Iron ore processor plans $350M Indiana project

November 27, 2012
 IBJ Staff
A Minnesota-based mining company plans to spend as much as $350 million to build a iron ore pellet plant in Indiana, creating up to 100 jobs by 2015, the company announced Tuesday morning.
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Truck-parts supplier expanding in Plainfield, adding 82 jobs

November 13, 2012
Troy, Mich.-based Meritor Inc., a global supplier of commercial truck parts, said it will consolidate North American remanufacturing operations by moving production from Ontario, Canada, to its facility in Hendricks County.
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Local scientific software firm plans to add 63 jobs

November 12, 2012
Scott Olson
Indianapolis-based Indigo Biosystems Inc., a scientific software provider, announced Monday morning that it plans to add 63 jobs by 2015 as part of a $1.4 million expansion.
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MacAllister Machinery expanding in southwest Indiana

October 30, 2012
Indianapolis-based MacAllister Machinery Co. Inc. said it will spend nearly $9 million to expand its Daviess Count facility and create up to 61 jobs by 2016.
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Local software developer plans to add 25 jobs

October 2, 2012
Connect Think LLC said it will add the jobs by 2016 and will invest $244,000 in equipment to continue its focus on mobile application development.
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Women's retailer plans $37M expansion, 242 jobs

September 27, 2012
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
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Local services firm plans expansion, up to 100 jobs

September 18, 2012
 IBJ Staff
Business services firm First Advantage said Tuesday that it plans to move its operational headquarters from St. Petersburg, Fla., to its local offices in Fishers, creating up to 100 jobs in the process.
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Indiana auto-parts supplier set to add jobs

September 18, 2012
Associated Press
An auto-parts supplier in northeastern Indiana plans to expand its operations and create as many as 95 new jobs.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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