Tax Credits

Indianapolis Housing Agency pulls off big tax credit deal

March 13, 2010
Tom Harton
City agency plans renovations, expansions at eight apartment properties.
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Huge tax-credit deal will fund rehab of 538 apartment units

March 9, 2010
Tom Harton
The largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned by the Indianapolis Housing Agency.
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Fort Wayne equipment distributor adding 150 jobs

February 24, 2010
Heritage Food Service Equipment Inc. will begin hiring in March, as a $1.5 million upgrade to its 125,000-square-foot facility is completed.
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Car-seat manufacturer plans Columbus expansion

January 19, 2010
Dorel Group wants to expand its development and production operations in Columbus, creating 98 jobs by 2013.
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Trailer maker plans to add 100 jobs in Peru

December 2, 2009
 IBJ Staff
Peru recreational vehicle maker Riverside Travel Trailer Inc. will expand its Miami County operations, creating 100 new jobs by 2011, the Indiana Economic Development Corp. announced Wednesday morning.
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Frozen-food firm plans to add 350 jobs at New Albany plant

November 10, 2009
 IBJ Staff
New Albany-based Kemper Foods International LLC announced Tuesday morning that it will expand its food-production center in southeast Indiana, creating more than 350 new jobs by 2012.
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Military firm could create 500 jobs at former chemical site

November 5, 2009
 IBJ Staff and Associated Press
Telic Corp., a developer and manufacturer of United States military equipment, announced Thursday it will invest more than $1.2 million in the former Newport Chemical Depot in western Indiana, creating up to 500 jobs.
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Logistics firm expanding headquarters in Greenwood

October 6, 2009
Greenwood-based Avram Worldwide said today that it will expand its headquarters and distribution operations in the city, and plans to create 78 jobs by 2013.
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Whirlpool agrees to maintain Evansville operations

September 30, 2009
Whirlpool Corp. has notified state officials that it will continue to operate its refrigeration product development center in Evansville that employs nearly 300 people.
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Affordable housing developers struggle as key funding source disappearsRestricted Content

August 24, 2009
Kathleen McLaughlin
Affordable housing developers nationwide are facing a drastically weaker market for tax credits.
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Boomtown on hold: Recession delays Honda's full impact on GreensburgRestricted Content

June 22, 2009
Kathleen McLaughlin
Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development remains scarce. But local officials remain optimistic about Honda's long-term impact.
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EYE ON THE PIE: Watch your pocket; someone may pick itRestricted Content

June 22, 2009
Morton Marcus
The unexpected move of NCR Corp. from Ohio to Georgia illustrates how even the best corporate citizens can show a fickle streak.
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Fund to fuel ethanol use out of gasRestricted Content

December 29, 2008
Chris O'Malley
A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three months of the state's new fiscal year.
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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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