Local production bakery plans $25M expansion, 50 new hires
CraftMark Bakery, the baked goods supplier for more than 70,000 restaurants in North America, is planning another expansion that would bring employment up to 446 by the end of 2022.
CraftMark Bakery, the baked goods supplier for more than 70,000 restaurants in North America, is planning another expansion that would bring employment up to 446 by the end of 2022.
TWG Development’s Tony Knoble and Justin Collins are joining Big Red executive Don Rix as new co-owners of the state’s largest package liquor store chain, alongside founder Mark McAlister.
The Indianapolis-based firm was to have started building its $6.7 million, 80,000-square-foot-headquarters by the end of last year.
Louisville-based Investment Property Advisors is planning 279 additional units and more than 28,000 square feet of retail space just south of its 9 on Canal project, to be dubbed 350 West.
We wish other incentive deals had fostered such vigorous debate, such as the council’s decision last year to provide $2.9 million in TIF financing for Duke Realty Corp.’s new $28 million headquarters in Keystone at the Crossing—an area of the city that’s already a magnet for development.
The attraction, retention and development of talent determines our region’s prosperity. Enhancing the viability of Indianapolis as a place to live and work is a dominant priority for business and government leaders. It is our best way to compete as a region.
The future of older manufacturing towns is not in manufacturing. Economic development must be about more than attracting new smokestacks to old brownfields
An affiliate of Germany-based Messer Group wants to build a new facility on the south side of Indianapolis for making atmospheric gases for health care providers, food processors, and glass and metal fabricators.
We’re behind the effort, but can’t overemphasize the need for follow-up.
The 200,000-square-foot southeast-side project would be constructed for PepsiCo subsidiary P-America LLC, which has multiple facilities around Indianapolis.
Starting Jan. 1, Develop Indy will change the way it awards millions of dollars in tax abatements and training grants annually. Only businesses that pay workers at least $18 an hour, give them access to health care benefits and support other community programs will be eligible.
The Metropolitan and Economic Development Committee of the City-County Council could not reach a consensus Monday on a recommendation for a long-delayed 11-story downtown project at 421 N. Pennsylvania St.
A number of major projects are underway now, but developers say activity might slow when those projects wrap up.
Indianapolis-based BWI LLC is requesting a city property tax break for the 97-unit development that would save it $1 million over 10 years.
TWG Development could save $1.4 million on the 188-unit Wesmont, named after jazz guitar legend Wes Montgomery. It’s part of the company’s larger redevelopment project south of East 16th Street and east of the Monon Trail.
The sports footwear and apparel company is negotiating a lease to open in a roughly 635,000-square-foot building at 3519 Perry Boulevard.
A local food distribution company that plans to move its operations to Whitestown next year will have to pay off $98,406 in tax breaks, the Metropolitan Development Commission ruled this week.
The Indiana Court of Appeals on Thursday revived the city of Gary’s lawsuit against 10 handgun manufacturers, thwarting the Indiana General Assembly’s attempt to derail the legal action in 2015.
Cummins Inc. said it plans to spend more than $68 million to expand operations in Columbus, Greenwood and Indianapolis as it grows its new Electrified Power business segment. The company will move about 500 jobs to Greenwood.
Plans call for the company to spend $11.8 million on the real estate improvements and another $5.7 million on new IT equipment and freezers.