Tax Credits

Fast-growing One Click lands $1M state incentive deal

May 10, 2012
Cory Schouten
A Greenwood e-commerce company could collect $1 million in state tax credits and training grants if it succeeds in hiring 109 new employees over the next five years.
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Illinois furniture manufacturer moving to Indiana

April 24, 2012
 IBJ Staff
Chicago-based Selected Furniture LLC is planning to move its operations to Indiana, the manufacturer said Tuesday, creating up to 100 new jobs by 2014.
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Cummins 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.
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Mansfield-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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Whirlpool agrees to pay state $800,000 for job losses

April 3, 2012
Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for in an economic development incentives agreement.
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Carmel consulting firm plans to expand, add 96 jobs

March 29, 2012
enVista LLC, which provides enterprise and supply chain consulting services, plans to add nearly 100 workers by 2016 as part of a $1.2 million expansion at its Carmel headquarters on North Meridian Street.
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Amazon 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.
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Manufacturer expanding northeast-Indiana operations

March 23, 2012
Associated Press
Busche 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.
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Retail chain plans 135 distribution jobs in Greencastle

March 7, 2012
Charming Shoppes Inc., a retail chain specializing in women's plus-size apparel, plans to upgrade its distribution operations in Greencastle and add up to 135 jobs by 2014, the company said Wednesday.
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Lotion maker relocating operations to Indianapolis

January 27, 2012
Scott Olson
Indianapolis-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.
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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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Food company closing in Indiana has unpaid bills

December 1, 2011
Associated Press
An organic food company that is closing its eastern Indiana preparation center was offered up to $3.5 million in state tax credits to open its plant, but it owes more than $31,000 in property taxes and sewer bills.
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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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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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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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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 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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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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Education not-for-profit moving to city, plans to add 44 jobs

September 16, 2011
Project Lead the Way Inc., a New York-based provider of education curricular programs for middle and high schools, will move its headquarters to Indianapolis and plans to add 44 jobs by 2014.
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Wind-turbine company moving into Evansville plant

September 13, 2011
Associated Press
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
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Trailer 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.
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Air tool manufacturer plans Indiana expansion

August 30, 2011
 IBJ Staff and Associated Press
Sullair Corp., which makes air compressors and other air tools, says it will expand its headquarters in northern Indiana and expects to add up to 113 jobs in the next few years.
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Auto stampings plant plans to add 75 jobs in Muncie

August 18, 2011
Indiana Stampings LLC plans to add 75 jobs by 2013 as part of a $7.3 million expansion that includes leasing and equipping a 155,000-square-foot facility.
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Freight 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 to give Angie's List $4.6M to buy properties for expansion

August 16, 2011
Kathleen McLaughlin
Money for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
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  1. 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.

  2. 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.

  3. I want to live in a city that has a garage structure to be proud of for it's innovating design!

  4. Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.

    I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.

    Thanks also for reminding us the other blue chip sponsors IMS has picked up.

  5. Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...

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