Tax Abatements
Local 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.
MoreAmazon plans another Indiana warehouse, 1,000 jobs
March 27, 2012
The online retailer said it will open a new warehouse in Jeffersonville and create up to 1,050 jobs by 2015 as part of a $150
million investment. The distribution facility would be the company's fifth in Indiana.
MoreManufacturer expanding northeast-Indiana operations
March 23, 2012
Associated PressBusche Enterprise Division Inc. said it will spend about $17 million to buy, expand and equip a factory near its headquarters
in the Noble County town of Albion, adding up to 120 workers by 2015.
MoreFishers collection agency expanding, adding 140 jobs
March 22, 2012
DECA Financial Services LLC plans to add 140 jobs by 2015 as part of a $2.6 million expansion that includes the purchase of
a building on Visionary Way in Fishers.
MoreEast-side contract manufacturer plans to add 144 jobs
March 17, 2012
Scott OlsonMansfield-King LLC is asking the city for property tax abatements as part of its efforts to create the jobs by 2016 through
a $3 million expansion. The company currently has 45 employees.
MoreLotion maker relocating operations to Indianapolis
January 27, 2012
Scott OlsonIndianapolis-based New Sunshine, which is owned by a group led by former Conseco Inc. CEO Stephen Hilbert, said it will add
180 jobs by moving a manufacturing facility from Tempe, Ariz.
MoreCity set to cancel tax abatement for medical device firm
January 18, 2012
Polymer Technology Systems said in 2007 that it would make a $3 million investment at its operation on Zionsville Road and
create 110 jobs.
MoreCity signs off on Celadon tax abatements
January 4, 2012
The abatements will help the company build a $3.4 million, 36,000-square-foot office building at its far-east-side headquarters.
Celadon also plans to add 100 jobs.
MoreCeladon plans expansion, $3.4M office building
December 16, 2011
Scott OlsonCeladon Group Inc. is seeking tax abatements from the city to build a $3.4 million office building at its far-east-side headquarters.
The local trucking firm plans to hire 100 more employees by 2016.
MoreCity calls off Haverstick, Redcats tax incentives
December 8, 2011
Scott OlsonTwo 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.
MoreRolls-Royce tax-incentives deal set for hearing
December 5, 2011
Cory SchoutenA plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and
move thousands of office workers into downtown's Faris campus is scheduled for an initial hearing Wednesday.
MoreLogistics company plans 315 jobs in North Vernon
November 14, 2011
IBJ StaffExegistics, 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.
MoreAuto 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.
MoreTurkish 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.
MoreHeartland Sweeteners plans $10M upgrade to Indy plant
October 31, 2011
J.K. WallHeartland Sweeteners LLC plans to spend nearly $10 million to upgrade its Indianapolis plant and potentially boost its work
force there by 39 employees in the next five years.
MoreUnproven entrepreneur promises 1,100 local jobs
October 26, 2011
Cory SchoutenA 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.
MoreManufacturer to beef up Frankfort operations, adding 160 jobs
October 13, 2011
IBJ StaffLEP 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.
MorePrinting manufacturer to expand in Tipton, create 35 jobs
October 11, 2011
IBJ StaffBottcher America Corp. will invest $2.1 million to purchase new gear and create a 30,000-square-foot addition to its current
facilities.
MoreAuto 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.
MoreTrailer manufacturer adding 200 jobs in northeastern Indiana
September 9, 2011
Howe-based Cruiser RV LLC will begin hiring this month as part of an $850,000 expansion to add a new production line in nearby
LaGrange.
MoreFreight carrier plans to expand, add 183 local jobs
August 17, 2011
Thomasville, N.C.-based Old Dominion Freight Line said a $22 million investment will be used to upgrade its existing 122,340-square-foot
facility on the southwest side.
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City-County Councilor Angela Mansfield and Bob Lutz have a case of wishful thinking.
They obviously don't really care about the cost.
They should.
Extending Federal Benefits to Same-Sex Couples Will Cost $898M, CBO Says
http://www.foxnews.com/politics/2009/12/22/extending-federal-benefits-sex-couples-cost-m-cbo-says/
Brett, be careful what you lie about, the truth always comes out.
"IMS's George Honored: Tony George, Indianapolis Motor Speedway president and chief executive officer, received the inaugural Pioneering and Innovation Award at the Autosport Awards Dec. 5 in London for his leadership in the development of the Steel and Foam Energy Reduction (SAFER) Barrier. George received the award at the annual gala at the Grosvenor House on behalf of the creators of the SAFER Barrier from Prince Salman Bin Hamad Al Khalifa, the leader of the Bahrain International Grand Prix circuit. This is the fourth major award that has been presented to honor George and the SAFER Barrier development team. The SAFER Barrier also received the Louis Schwitzer Award, SEMA Motorsports Engineering Award and GM Racing Pioneer Award in 2002. The SAFER Barrier was installed in all four turns of the Indianapolis Motor Speedway a pioneer in safety for drivers, cars and tracks -- in time for the 86th Indianapolis 500 in 2002. It since has been installed at more than a dozen other tracks, and the latest iteration will be installed at the Speedway in the spring.(IMS PR), see more on my Indy Track News page.(12-7-2004)"
As far as the cart safety team, I cannot find anything on its date of creation. The Delphi Safety team was created in 1996. For some reason there is not much info out there on defunct racing series.
Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!