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Tax Abatements
Manufacturer planning expansion, 100 jobs in Boone County
May 13, 2013
IBJ StaffCNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million
expansion in Lebanon.
MoreRV parts maker plans 800 jobs, new HQ in Indiana
April 9, 2013
Associated PressNorthern Indiana's recreational vehicle industry is getting a boost with the relocation of RV components producer Drew
Industries Inc. to Elkhart and its pledge of up to 800 new jobs by 2017.
MoreCity mulls creation of 'high tech district' for ExactTarget
February 25, 2013
Cory SchoutenExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees
to designate several parcels tied to the Indianapolis-based company as a "high technology district."
MoreLocal 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.
MoreCarmel 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.
MoreCeladon receives incentives for $5.2M driving training center
January 16, 2013
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of
its latest expansion at its east-side corporate campus.
MoreSun King brewery lands tax breaks for expansion
January 16, 2013
Scott OlsonThe downtown brewery plans to spend $2.1 million on additional equipment and add 20 jobs by 2016 in exchange for a tax abatement
from the city.
MoreCeladon plans $5.2M driver training center, 182 new jobs
January 2, 2013
Chris O'MalleyIndianapolis-based trucking carrier Celadon Group Inc. plans to build a $5.25 million driver-training center and add 182 workers
to its 633-employee local work force by 2016.
MoreChrysler plans 400 more jobs, $212M expansion in Kokomo
December 17, 2012
Dan HumanChrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that
could add more than 400 jobs.
MoreChrysler plans $162 million plant, 850 jobs in Tipton
December 17, 2012
Dan HumanTipton officials approved a 10-year tax abatement worth $2.5 million to help the company launch production in a nearly 800,000-square-foot
plant at U.S. 31 and State Road 28, about 25 miles north of Carmel.
MoreIndianapolis technology companies pledge 1,500 new jobs
December 11, 2012
Three fast-growing Indianapolis technology companies—Angie's List, ExactTarget and BidPal—plan to add up to 1,500
jobs collectively over the next half-decade, officials announced Tuesday morning.
MoreADM planning $29M expansion on city’s southeast side
November 5, 2012
Scott OlsonDecatur, Ill.-based ADM Milling Co. is seeking tax incentives related to its plans to construct a six-story building to increase
its milling capacity. The expansion will help it retain 53 workers.
MoreIndiana auto-parts supplier set to add jobs
September 18, 2012
Associated PressAn auto-parts supplier in northeastern Indiana plans to expand its operations and create as many as 95 new jobs.
MoreWeb services firm plans downtown office, 300 jobs
August 22, 2012
San Francisco-based cloud-computing service provider Appirio Inc. said it will spend $2 million to open an office in downtown
Indianapolis' Pan Am building, where it will employ 300 by 2015.
MoreAnderson seeking new Nestle production line
August 17, 2012
Associated PressLeaders of a central Indiana city are trying to persuade Nestle to pick it for a new production line at an existing plant
that could add about 100 jobs.
MoreMarketing software firm CIK plans to expand, add 57 jobs
August 6, 2012
CIK Enterprises LLC, a marketing software and services firm, plans to add the jobs by 2016. The company will continue to lease
a 30,000-square-foot facility on the city’s west side.
MoreShowdown escalates in City-County Council over TIFs
August 4, 2012
Kathleen McLaughlinRedevelopment of the Massachusetts Avenue fire station could remain in limbo for the foreseeable future, as Mayor Greg Ballard
and council Democrats enter a standoff over tax increment financing districts.
MoreHaynes plans $23.5M expansion, 40 more jobs in Kokomo
June 26, 2012
Associated PressKokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where
it makes specialty metal plates and sheets for the aerospace and other industries.
MoreMedical startup plans 71 jobs, seeks incentives
June 21, 2012
The city of Indianapolis granted preliminary approval for an eight-year tax abatement to Arcamed Inc., which plans to purchase
$1.4 million in equipment to design and manufacture titanium and case-tray systems for surgical instruments.
MoreUPS plans $10 million upgrade on northwest side
June 5, 2012
IBJ StaffUnited Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis
and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
MoreLocal automotive supplier in line for new city incentive
May 11, 2012
Scott OlsonA shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van's Electrical
Systems invest $427,000 to purchase and rehab a vacant building on the city's west side.
MoreIndianapolis margarine plant planning $44 million upgrade
May 11, 2012
IBJ StaffConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest
side of Indianapolis and retain 392 workers.
MoreIllinois furniture manufacturer moving to Indiana
April 24, 2012
IBJ StaffChicago-based Selected Furniture LLC is planning to move its operations to Indiana, the manufacturer said Tuesday, creating
up to 100 new jobs by 2014.
MoreCummins plans $219 million expansion at Seymour plant
April 24, 2012
The Columbus-based manufacturer of diesel engines said it will add 290 jobs in Seymour as part of a major expansion that will
include new warehouses, additional engineering, production and testing facilities, and a new office building.
MoreMansfield-King lands state incentives for expansion plan
April 13, 2012
The Indianapolis-based manufacturer and distributor of personal care products plans to add the 144 jobs by 2016 as part of
a $3.4 million expansion.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.