The state rarely has to dole out incentives to retain jobs. Experts differ on whether that's likely to change in the wake of the $7 million deal state officials cut to keep an Indianapolis HVAC plant open.
Jim Schellinger, a former Democratic candidate for governor, became president last year of the Indiana Economic Development Corp. In accepting the new position, he will retire from CSO Architects, where he had served as CEO, and sell his ownership stake.
President-elect Donald Trump on Thursday said he wasn’t specifically talking about Carrier when he said on the campaign trail that "Carrier will never leave" America if he was elected president. But it didn't stop him from trying.
Carrier Corp. was motivated to retain 1,000 manufacturing jobs in Indianapolis by a state incentive package and the possibility of losing a “favorable relationship with federal contractors,” according to a prominent IEDC board member.
The fierce rival to Angie's List has hired more than 70 workers since opening its Indianapolis office early this year. It will expand that office—at 1 Virginia Ave.—and open a second one at 342 Massachusetts Ave.