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Tax Abatements
Navistar seeks more tax breaks after old deal failed
July 6, 2011
Scott OlsonThe company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million
in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
MoreCrystal products maker plans expansion, 41 jobs
June 23, 2011
IBJ StaffSt. Regis USA Inc., a manufacturer of hand-etched and hand-painted glass and crystal products, plans to expand its operations
in Indianapolis, creating up to 41 new jobs by 2014, the company said Thursday.
MoreAppraisal services firm plans local expansion, 150 jobs
June 3, 2011
IBJ StaffIndianapolis-based StreetLinks Lender Solutions plans to expand its operations, adding 150 employees by 2013, the real estate
appraisal management services provider announced Friday morning.
MoreTech firm Slingshot expanding, plans 114 more jobs
May 6, 2011
IBJ StaffIndianapolis-based Slingshot SEO Inc., founded by three friends from Zionsville High School, plans to expand operations in
Indianapolis, adding 114 more employees by 2013, economic development executives announced Friday morning.
MoreMedical device manufacturer seeks abatement
May 5, 2011
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend
$2.5 million to equip it. The expansion should create 15 jobs.
MoreEDITORIAL: Rolls-Royce abatements worth the cost
April 9, 2011
We think city officials have made a compelling case for stepping up big to secure the future of one of Indianapolis’
largest employers.
MoreCity considering abatement terminations, continuances
April 7, 2011
Scott OlsonFive companies are set to have their tax breaks terminated or continued as the city attempts to update the state of the benefits
that date to the previous administration.
MoreTax breaks approved for bioanalytical lab operator
April 7, 2011
The Metropolitan Development Commission on Wednesday preliminarily approved Advion BioServices Inc.'s request for a tax abatement
to build a laboratory at Purdue Research Park in Indianapolis.
MoreBioanalytical researcher seeking abatement for new lab
April 5, 2011
Scott OlsonAdvion, a provider of bioanalytical research and a subsidiary of Ithaca, N.Y.-based Advion BioSciences Inc., is expected to
open the 22,000-square-foot lab in mid-May with 49 employees, according to the company's application.
MoreTax breaks for Rolls-Royce hinge on investment, not jobs
April 2, 2011
Francesca JaroszCity officials’ fear that Rolls-Royce Corp. might pull thousands of jobs out of Indianapolis drove the negotiations
that culminated last month with the company’s committing to move 2,500 of its local office employees to the south side
of downtown.
MoreSoftware services firm plans 500 jobs in Evansville
March 22, 2011
SS&C Technologies said it will create the jobs by investing about $3.9 million to open a service and technology center in
the southwestern Indiana city. The company will begin hiring immediately and expects to begin operating in the second quarter
of 2011.
MoreDeVry wins abatements for nursing school
March 2, 2011
Scott OlsonThe Metropolitan Development Commission awarded the tax abatements for the nursing school, set to open in October, despite
opposition from the Nora-Northside Community Council and Metropolitan School District of Washington Township.
MoreCasket maker plans $16.5M investment, 300 jobs
February 23, 2011
Scott OlsonIndianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of
operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.
MoreUPDATE: Competitors' woes could help Fishers mortgage firm expand
December 14, 2010
Francesca JaroszFishers-based Stonegate Mortgage Corp. plans to spend about $3 million to expand operations, creating up to 300 jobs by 2015.
MoreMedical device maker expanding in Fort Wayne
November 18, 2010
L.H. Medical Corp. said it plans to create up to 65 jobs by 2013 and invest $5.4 million to more than triple the size of its
manufacturing operations.
MoreCity approves Beckman Coulter tax abatement
November 17, 2010
The tax abatement is tied to an expansion in which the company plans to invest $18 million in its Indianapolis operations
and add as many as 95 jobs in the next three years.
MoreExpanding tax breaks could be a tough sell in Marion County
November 13, 2010
Francesca JaroszRepublicans who now control the Indiana House are poised to push reforms next year that would strengthen local governments’
ability to offer businesses tax abatements. But the changes might be met with caution in Marion County.
MoreRail company plans new plant, 650 jobs in Muncie
October 29, 2010
IBJ StaffAlabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open
the first locomotive manufacturing and assembly plant in the United States in many years.
MoreCummins expanding in Columbus, plans 350 jobs
October 26, 2010
IBJ StaffCummins Inc. announced Tuesday that it will expand its headquarters in Columbus, adding at least 350 professional employees
during the next 18 months to support global operations.
MoreCanadian company plans to create 175 jobs in Miami County
October 20, 2010
Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest
more than $13.8 million to purchase and equip a plant in Peru, which would be the company's first location in the United States.
MoreGrocery distributor to create 100 jobs in Bloomington
October 7, 2010
IBJ StaffState economic development officials on Wednesday announced food distributor Nash Finch Co.’s plans to open a Bloomington
warehouse and hire 100 workers, formalizing a commitment the Minnesota-based firm made this summer.
MoreFirms with jobs ask for the moon; governments here show restraint
October 2, 2010
Norm HeikensBusinesses have always held the upper hand in negotiating for incentives with local government, but the past couple of years
have given rise to the most intensely competitive economic development environment since the early 1980s.
MoreUPDATE: New tech jobs come with handsome wages
September 15, 2010
J.K. WallMobi Wireless expects to pay average wages of more than $50,000 to 253 new workers; Bostech Corp. expects to pay more than
$80,000 to 61 new employees.
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.
MoreIT firm approved for tax breaks on $29 million project
August 19, 2010
Lightbound LLC plans to construct 50,000-square-foot data center near Kentucky Avenue on the city's southwest side. The abatement
should save the company $2.5 million.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!