Manufacturer plans expansions at two Indiana plants
Shiloh Die Cast Midwest LLC plans to expand two of its plants in northeast Indiana, leading to 145 new jobs by 2018, the company announced Monday night.
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Experts see limits to state’s low-tax strategy
Thanks to a concerted effort to lower taxes and government spending, Indiana ousted Texas this year in the Tax Foundation’s annual ranking of business tax climates. Indiana now holds the No. 10 spot and could rise higher by eliminating the business personal property tax, an equipment tax that experts say deters investment.
Weaver Popcorn picks Whitestown for new HQ, production line
The firm plans to move its headquarters from Noblesville to the AllPoints at Anson development in Whitestown, where it expects to spend $18 million to add a production line and 40 jobs.
Auto supplier plans 220-worker plant in Indiana
Switzerland-based Autoneum Holding AG said it will lease 300,000 square feet on a 23-acre site at the River Ridge Commerce Center in Jeffersonville.
Project updates: Fishers mixed use, Carmel hotel and Zionsville’s new HQ
Elected officials north of 96th Street advanced a bevy of public-private projects Monday during what I like to call their monthly meetingpalooza. Here’s a rundown on where things stand:
Ossip to move HQ, open flagship store in Fishers
Ossip Optometry plans to open a flagship store in a funky building off 96th Street in Fishers, just around the corner from where it’s putting its new headquarters.
Keep Indianapolis Beautiful aims to grow with city
Founded in the mid-1970s as the city’s litter-abatement agency, the not-for-profit Keep Indianapolis Beautiful has grown along with Indianapolis. Now it’s working to strengthen its relationship with volunteers and diversify its funding stream as it aims to increase its impact.
Construction firm planning new Noblesville facility
Out of space at its Noblesville offices, Elkhart-based LeMaster Steel Erectors plans to invest nearly $1.2 million to accommodate its growing Hamilton County operation.
Software firm seeks tax breaks for HQ move, expansion
The Consultants Consortium Inc., which does business as TCC Software Solutions, said it plans to spend about $1.3 million to renovate two buildings on a 3.6-acre property at the northeast corner of Winthrop Avenue and East 52nd Street.
Zionsville panel OKs Hat World land deal for HQ
Zionsville officials on Monday agreed to sell 15.6 acres in the new Creekside Corporate Park to Hat World Inc. for $577,200. Local incentives tied to the deal could allow the company to recoup at least half of the purchase price.
Rolls-Royce to cut 400 jobs, most in Indianapolis
The company hopes that employees will accept buyout offers, made to a mix of salaried and manufacturing workers.
T2 Systems snaps up Canadian software firm
Canada-based Digital Payment Technologies also focuses on parking applications.
‘Ban the box’ proposal heads for Indianapolis council
Indianapolis 'ban the box' initiative would affect hiring practices for the city, its vendors and economic development partners.
T-shirt printer plans 105 jobs in Lawrence
ooShirts said it will invest $1.2 million to equip a 26,000-square-foot building that will house more than 25 automatic and manual presses.
IT management firm BlackInk plans downtown expansion
Technology management firm BlackInk IT plans to expand its downtown headquarters, adding 30 workers by 2017, the Indianapolis-based company announced Friday morning.
Hicks: Hoosiers get bargain with IEDC, study shows
Over the past few weeks, the research center in which I work published three studies evaluating the role of economic development programs in Indiana. The results held surprises and some not-so-surprising findings.
Activity at AmeriPlex gaining steam
The west-side industrial park, one of the city’s largest, is experiencing robust construction activity that includes more than just distribution centers.
Manufacturer seeks tax break, plans to add 100 jobs
Applied Composites Engineering Inc., an Indianapolis-based designer and manufacturer of products for the aerospace industry and military applications, is planning to spend $2.5 million on equipment that would help it double its work force over the next six years.
Retailer GNC to create $25M distribution hub, hire 225
The regional warehouse is expected to begin operations in the fourth quarter of 2014, and has already received tax incentives from Whitestown and Boone County officials.
Retail taking shape near Westfield sports park
Construction is expected to begin this spring on the first retail building in Grand Park Village, the commercial hub planned for just south of Westfield’s massive youth-sports megaplex.