Two manufacturers target Indiana city for expansion
The Indiana Economic Development Corp. announced two economic development deals Tuesday morning that will bring more than 200 jobs to Whitley County in northern Indiana.
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Longtime T2 Systems CEO stepping down
Mike Simmons, who began the company with business partner Steve Howard in 1994, will keep his ties to T2 in a less hands-on role as its chairman.
Pallet manufacturer plans 115 jobs in Indiana
Indiana-based manufacturer Calumet Pallet Co. plans to expand by spending $2.7 million to buy and equip a new facility in northern Indiana.
City planning division takes budget hit, cuts five staffers
Indianapolis will rely more on public-private partnerships to hammer out long-term goals for neighborhoods, after laying off half its long-range planning staff.
Insurance broker growth part of Fort Wayne project
An insurance brokerage will relocate its Fort Wayne headquarters to a new $71 million downtown mixed-use project and create 115 jobs by 2017, Mayor Tom Henry said Monday.
City votes to end tax break for tech staffing firm
The Metropolitan Development Commission voted Wednesday to cancel a tax abatement for Indianapolis-based tech staffing firm BCForward, since it didn’t hit job-creation targets laid out in a 2009 economic development agreement.
SPECKMAN: Location, vision draw broad attention to Indy
Indianapolis is geographically blessed for supply chain management and logistics. However, so are other markets in the Midwest. The ability to recognize this as a competitive advantage and leverage this advantage and maximize other differentiators in conjunction with the location is more than luck. It’s vision. The continued growth approach by our policymakers is why […]
Recycled paper mill plans 137 jobs in Indiana
The Indiana Economic Development Corp. said Tuesday that Pratt Industries will invest $260 million to build the recycling plant next to its existing box-making plant in Valparaiso.
City set to end tax break for tech staffing firm
Indianapolis-based technology staffing company BCForward won’t fight a Department of Metropolitan Development move to discontinue tax breaks for the firm’s Market Street headquarters.
Online retailer Newegg plans big distribution center
Newegg.com is considering a $15 million distribution center in Indianapolis that would employ 150 people by the end of 2015.
Carmel pharmaceutical firm eyeing move to Noblesville
A Carmel institutional pharmacy could move its growing drug repackaging operation to Noblesville’s Corporate Campus if city leaders sign off on $225,000 in tax breaks.
T-shirt printer scoping Indy for new facility, 105 jobs
Little Raymond’s Print Shop Inc. has requested a property-tax break on $975,000 in manufacturing equipment needed for its screen-printing facility.
Battery maker EnerDel lays off 65 workers
Lacking production contracts, struggling battery maker EnerDel Inc. has once again downsized its Indianapolis-area work force.
Italian auto supplier adding nearly 100 Indy jobs
Reflex & Allen Group will add a tube-extrusion line.at a facility it opened near the former Indianapolis International Airport in March 2012.
Bank seeks abatement to construct office space along I-69
Economic development leaders in Fishers are asking the Town Council to OK a six-year property tax abatement to help First Internet Bancorp construct as many as two office buildings.
Noblesville council weighing 10-year tax phase-in for SMC
Fast-growing SMC Corp. of America plans to spend $6.1 million on equipment to expand production and distribution capacities at its North American headquarters in Noblesville.
Delta expanding operations in central Indiana
Delta Faucet said it plans to spend about $12 million to renovate and equip its 380,000-square-foot facility in Greensburg, adding about 160 employees by 2014.
Two automotive suppliers plan expansions in Marion County
Innovative Coating Solutions and Reflex & Allen USA expect to add a total of 93 employees over five years and are seeking tax breaks on $3.5 million in new equipment.
San Diego wellness-program firm plans 300 jobs in Carmel
American Specialty Health has lined up office space along North Meridian Street. The company may establish Carmel as its new headquarters.
Aging east-side shopping center to be redeveloped
A local developer has received city approval to rezone 10 acres at Fall Creek Parkway and East 56th Street as part of a plan to demolish a mostly vacant retail center and replace it with a 42,000-square-foot anchor grocery store and other shops.