Indiana Economic Development Corp.

Daniels to focus on job creation Super Bowl weekend

December 29, 2011
 Franklin College News Bureau
Indiana Gov. Mitch Daniels and state job-creation officials will tackle Super Bowl weekend by entertaining corporate executives with the potential to bring more jobs to the state – but the governor has purchased his own ticket for the game.
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Northern Indiana RV maker to add up to 250 jobs

December 28, 2011
 IBJ Staff
The company plans to invest $3.9 million to buy land and construct a 93,000-square-foot facility adjacent to its existing 45-acre campus in the town of Topeka.
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Turkey processor to hire up to 600 for new Vincennes plant

December 22, 2011
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
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Illinois Senate considering CME Group tax breaks

December 13, 2011
Associated Press
The Senate has approved similar legislation in the past, so the latest version is likely to get the chamber's stamp of approval. Indianapolis and, likely, Carmel have been trying to lure the company to Indiana.
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State economic development group backs right-to-work

December 9, 2011
J.K. Wall
The agency in charge of attracting business expansions to Indiana unanimously passed a resolution to support a right-to-work law, arguing that the state is automatically eliminated from many economic deals because it lacks such legislation.
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City calls off Haverstick, Redcats tax incentives

December 8, 2011
Scott Olson
Two Indianapolis companies that received tax-abatement agreements from the city in 2007 have had the incentives canceled for failing to meet investment and employment goals.
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Military contractor plans new Indiana headquarters

December 5, 2011
Associated Press
Sellersburg-based Rivera Consulting Group Inc. announced Monday that would build a new facility in Clarksville and expects to add up to 85 jobs over the next three years.
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Logistics company plans 315 jobs in North Vernon

November 14, 2011
 IBJ Staff
Exegistics, a Wheeling, Ill.-based logistics service provider, said Monday it plans to spend about $9 million to build a rail-sided distribution facility in North Vernon, creating up to 315 jobs by the end of 2014.
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Auto supplier plans to add 100 jobs in Logansport

November 8, 2011
Federal-Mogul Corp. said it will add the jobs next year as part of a $2.7 million expansion to purchase new machinery and equipment for its 170,000-square-foot manufacturing plant and 15,000-square-foot technical center.
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New Indiana commerce chief focuses on small companies

November 6, 2011
Associated Press
The new head of the Indiana Economic Development Corp. says the agency is turning its focus to smaller companies and getting them to relocate to the state so they can build their roots.
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Turkish manufacturer selects Muncie for U.S. headquarters

November 4, 2011
Kermit USA, a manufacturer and distributor of resin-composite roofing systems, plans to add 70 jobs by 2016 as part of a $12.5 million expansion in the Delaware County city.
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Unproven entrepreneur promises 1,100 local jobs

October 26, 2011
Cory Schouten
A West Hollywood businessman hopes to build hundreds of trucks outfitted with giant video screens. The product is unproven and so is Bob Yanagihara, the ambitious 50-year-old behind it.
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Indiana making hay from Illinois' tax mayhem

October 22, 2011
Greg Andrews
Many Illinois firms are serious about moving or expanding out of state—and Indiana economic development officials are racing to capitalize.
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Software firm plans to open downtown office, add 250 jobs

October 13, 2011
Massachusetts-based Kronos Inc., a work force management software firm, plans to create 250 jobs by 2015 as part of a $5.1 million expansion to Indianapolis. The company will occupy 31,000 square feet in downtown's PNC Center.
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Manufacturer to beef up Frankfort operations, adding 160 jobs

October 13, 2011
 IBJ Staff
LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.
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Printing manufacturer to expand in Tipton, create 35 jobs

October 11, 2011
 IBJ Staff
Bottcher America Corp. will invest $2.1 million to purchase new gear and create a 30,000-square-foot addition to its current facilities.
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Indiana drawing more people, businesses across state lines

October 8, 2011
Associated Press
Indiana saw more people move to the state than leave between 2005 and 2009 despite a decreased mobility nationwide attributed to the recession.
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Furniture manufacturer plans expansion, 120 more jobs

October 4, 2011
Goshen-based Wieland Designs Inc. said it will add the jobs by 2015 as part of a $1 million investment to improve existing facilities and purchase specialized machinery to enhance production.
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Auto parts maker plans to add 100 jobs in Columbus

October 3, 2011
Sunright America Inc., a Japanese manufacturer of automotive fasteners, plans to nearly double its current space in Columbus and add the 100 jobs by 2014.
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Kodak official: Company keeping R&D center in Ohio

September 29, 2011
J.K. Wall
Eastman Kodak Co. reportedly looked at relocating a 500-person research-and-development center to Indiana, but will instead stay put in Ohio, according to a company official.
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Steering parts manufacturer plans local expansion

September 23, 2011
Bishop Steering Technology Inc., an Indianapolis company specializing in designing rack-and-pinion steering gear, plans to expand, creating 25 additional jobs by 2014, the Indiana Economic Development Corp. said Friday.
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Indiana trade delegation leaves for Japan after delay

September 21, 2011
Associated Press
An Indiana trade delegation led by Lt. Gov. Becky Skillman is on its way to Japan after being delayed by a typhoon.
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Auto parts manufacturer to open plant in Steuben County

September 21, 2011
Michigan-based CTA Acoustics Inc. plans to add 140 jobs by 2014 as part of a $9 million plan to open a plant in the town of Orland in northeastern Indiana.
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Typhoon delays Indiana trade mission to Japan

September 20, 2011
Associated Press
A trade mission by Indiana government and business leaders to Japan is being delayed because of a typhoon expected to hit the island nation.
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Cities now can offer companies cash for local hires

September 20, 2011
Kathleen McLaughlin
For the first time, cities and counties in Indiana can use local income-tax revenue to offer companies cash rebates for new jobs that go to local workers.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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