Noblesville-based IDI Composites International said it plans to spend more than $24 million to build a manufacturing facility in a new business park along State Road 37, north of 150th Street.
The company said the new location will allow it to expand its bagged salad and salad kit offerings to retailers and consumers throughout the Midwest and mid-south regions.
During his tenure, Tim Gropp oversaw multiple major projects for the town, including the recently-opened Allison Transmission Innovation Center, the Abel Motorsports building and the $50 million Founders Square development.
EnPower Inc. is moving from Phoenix into a facility previously operated by EnerDel Inc. on the city’s northeast side.
TrendyMinds Inc. has secured an eight-figure investment and plans to establish new regional offices in Florida and Texas while increasing employment in Indianapolis.
Creative Works, which designs and manufactures entertainment and recreation venues, will bring with it more than 70 jobs, and the firm expects to create up to 30 more by the end of the year.
While DCL said it plans to grow the Utah location, the company’s headquarters will remain in Indianapolis, where it employs 160 and is expanding its workforce.
The grant will be used to fund mortgages to low-income residents who are buying one of 12 newly-constructed homes that are being built on previously-vacant properties in the neighborhood.
BKD said its combination with Dixon Hughes Goodman will create a top 10 national professional services firm. BKD’s local office is the fourth-largest accounting firm in the Indianapolis area, according to IBJ research.
Indianapolis-based Garmong Development expects Commerce Park at Brownsburg Raceway to attract more than $100 million in investment related to manufacturing and research and development for the autosports industry.
Cincinnati-based Uptown Commercial Partners plans to invest nearly $29 million to build the facility on a 40-acre site just east of the Graham and Whiteland roads intersection, and west of Interstate 65.
The nominees for the Indiana-based awards include newly-launched startups and growing scale-up companies that have developed technologies for a variety of industries, including health care, transportation and logistics, and business intelligence and operations.
Krueckeberg Auction and Realty, a 45-year-old auction house headquartered in Decatur, said the acquisition could potentially double its business.
Mike Smith, deputy commissioner and chief financial officer for INDOT, will succeed Joe McGuinness.
Fishers-based American Resources Corp. said the effort will put the partners on the path to becoming the first and lowest-cost producer of domestically-sourced, purified and sustainable battery and magnet metals.
Amazon plans to add hundreds of jobs at the facility, including receiving, sorting and shipping, and network logistics support.
TechPoint, the state’s not-for-profit tech accelerator, said the state saw more than $958 million in venture capital investment last year, which is nearly triple the previous record set in 2019.
Indianapolis-based Eli Lilly and Co. will make an initial $50 million payment to Entos Pharmaceuticals. Entos also could receive up to $400 million in potential milestone payments, as well as royalties, for successful products.