IBJNews

Rolls-Royce relocates 2,500 jobs to downtown

Back to TopCommentsE-mailPrintBookmark and Share
Year In Review
More
Stories
State's economy stuck in neutral Indictment: Durham looted Fair Finance Ballard cruises to second term City backs string of high-profile
                              projects Manning's injury sends Colts
                              into tailspin Downtown mall stung by loss
                              of Nordstrom Right-to-work battle derails
                              legislative session General Assembly overhauls K-12 education Real estate meltdown leaves developers reeling Spate of Indiana firms
                              lines up for IPOs Rolls-Royce relocated 2,500
                              jobs to downtown Openings launch new era for
                              tourism biz Patent expirations up pressure
                              on Lilly Las Vegas crash saps IndyCar
                              momentum


Newsmakers
Simon
                              takes on Amazon.com Melangton Daniels White in crosshairs as reformers target IPS

Rolls-Royce Corp. raised its profile in the corporate community by signing a deal to move 2,500 of its employees from the southwest side to downtown.

The aircraft-engine maker will occupy Eli Lilly and Co.’s former Faris Campus on South Meridian Street, which is being renamed the Rolls-Royce Meridian Center.

The company planned to spend $22 million on the move, which includes interior renovations to the three buildings, which total 365,000 square feet.

The move began Dec. 19 with 190 people. The bulk of it will come in March in waves of 500.

Rolls-Royce, which builds jet engines, employs 4,500 in the Indianapolis area, with most people working out of a southwest-side industrial campus.

As part of the downtown move, Rolls-Royce plans to demolish two World War II-era buildings, known as Plant 5 and Plant 8, on South Tibbs Avenue.

The company isn’t shrinking its local manufacturing footprint, however. After signing a money-saving labor agreement this year, John Gallo, executive vice president of business operations, said British-owned Rolls-Royce Group plc had awarded Indianapolis the internal contract for an additional engine component. The company plans to set up a new production line around that work.

The work shores up jobs for United Auto Workers Local 933, which represents 1,750 of the company’s local employees.

The city of Indianapolis offered Rolls-Royce a 10-year, $23 million property-tax abatement for its capital investments, which total $212 million, though the company isn’t promising any new jobs because of it.•

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

ADVERTISEMENT