• Corporate Programs
  • Gift Cards
  • Advertise
  • People
  • Lists
  • Jobs
  • Classifieds
  • Public Notices
  • Newsletters
  • Podcasts
  • Contact Us
Indianapolis Business Journal
Subscribe Now Log In
Indianapolis Business Journal
  • Newsletters
  • Podcast
  • Weekly Paper
  • Advertise
  • People
  • Lists
  • Jobs
  • Classifieds
  • Public Notices
  • News
    • Weekly Paper
      • Digital Edition
      • Purchase Past Issues
    • Diversity
    • Sports Business
    • Small Business
    • Banking & Finance
    • Regional
      • Boone County
      • Hamilton County
      • Hancock County
      • Hendricks County
      • Johnson County
      • Madison County
      • Morgan County
      • Shelby County
      • Other Counties
    • More Industries
      • Communications
      • Education & Workforce Development
      • Energy & Environment
      • Government & Economic Development
      • Law
      • Manufacturing
      • Philanthropy
      • Transportation, Distribution & Logistics
      • Workplace Issues
    • Company News
      • Eli Lilly and Co.
      • Simon Property Group
      • Elevance
      • More Public Companies
      • More Private Companies
    • Corrections
    • Multimedia
      • Photo Galleries
      • Videos
      • IBJ mobile apps
      • RSS Feeds
  • Real Estate
    • Retail
    • Restaurants
    • Commercial
    • Residential
  • Politics
  • North of 96th
  • Health Care
  • Tech
  • Opinion
    • Forefront
    • Viewpoint
    • Editorials
    • Letters to the Editor
  • Events
    • 20 in Their Twenties
      • 2025 Honorees
      • 2025 Event Video
      • 2024 Event Photos
      • Past Recipients
      • Nominate
      • Register for event
    • Bourbon & Brokers
    • CEO of the Year & C-Suite Awards
    • Commercial Real Estate & Construction Power Breakfast
    • Diversity in Law
    • Economic Forecast
    • Education Power Breakfast
    • Fast 25
      • 2025 Honorees
      • 2024 Event Video
      • 2024 Event Photos
      • Past Recipients
      • Nominate
      • Register for Event
    • Forty Under 40
      • 2025 Honorees
      • 2023 Event Video
      • 2024 Event Photos
      • Past Recipients
      • Nominate
      • Register for Event
    • Gleaners – Hunger & Health
    • Health Care & Benefits Power Breakfast
    • Excellence in Health Care
      • 2024 Event Photos
      • 2025 Honorees
      • 2024 Event Video
      • Past Recipients
      • Nominate
      • Register for Event
    • Indiana 250
      • 2022 Photo Gallery
      • Indiana 250 Website
    • Innovate Indiana Series
      • Innovate Southwest Indiana – Evansville
      • Innovate East Central – Muncie
      • Innovate Northeast Indiana – Fort Wayne
    • Leadership in Law
    • Life Sciences Power Breakfast
    • Nonprofit Excellence Awards
      • 2025 Honorees
    • Technology Power Breakfast
    • Women of Influence
      • 2025 Honorees
      • 2024 Event Video
      • 2024 Event Photos
      • Past Recipients
      • Nominate
      • Register for event
  • Awards
    • Submit Award Nominations
    • Award Recipients
      • 20 in their Twenties
      • CEO of the Year and C-Suite Awards
        • Past Recipients
        • 2025 Honorees
      • Fast25
      • Excellence in Health Care
        • Past Recipients
        • 2025 Honorees
        • Nominations
      • HR Impact Awards
      • Michael A. Carroll Award
      • Nonprofit Excellence Awards
      • Women of Influence
        • 2024 Honorees
        • Past Recipients
      • Forty Under 40
        • Class of 2025
        • Past Recipients
      • Tech Exec of the Year
        • 2024 Honorees
        • Past Recipients
  • Content Studio
    • Thought Leadership
      • A prescription for better health
      • Small and mid-sized firms shouldn’t take cybersecurity risks lightly
      • It’s time to take a scalpel to the business school
      • Advancing access, affordability, and workforce readiness
      • Addressing Indiana’s workforce transformation needs
      • Rethinking Risk: How Climate Change is Reshaping Insurance
      • Pacers Foundation, Gleaners team up to feed hungry Hoosiers
      • Howard Bailey Financial® Vice President Marshal Johnson on Helping You “Retire With Purpose”
      • Educators preparing for new diploma standards
      • Innovation is a mindset that must be taught
      • What to consider before selling your business
      • Q&A: STATE OF WOMEN IN CENTRAL INDIANA REPORT
      • Cracking the Glass Ceiling is Not Enough: New Women’s Executive Leadership Institute Brings Sisterhood Approach to Progress
      • Integrating AI
      • Thinking of selling your business? Here’s what you need to know
      • Indiana State University focuses on workforce readiness
      • Putting students on the best career path
      • CareSource provides resources and programs to make Indiana healthier
      • Housing market on the mend
      • Cybersecurity requires savvy, vigilance
      • Kelley School of Business Indianapolis is building a robust and reliable talent pipeline
      • How mission-driven work helps retain and attract top talent
      • Innovation & Workforce
      • Talent & Workforce
      • Talent for today—and tomorrow
      • Transparency can be transformational
      • Process improvement and its impact on healthcare delivery
      • Overcoming barriers for patients and providers
      • Shaping the disruptors: How Purdue’s MBT program sets a new standard
      • Group 1001 bringing innovation to financial services
      • Bringing technological advancements to life
      • Clearing the path to rewarding employment
      • The Tragedy of the Phone-Based Childhood is an Urgent Call We Must Answer
      • Addressing laboratory staffing shortages is critical for healthcare’s future
      • Business Succession Planning Q&A
      • Designing a benefits plan that works
      • Pandemic brought changes that are here to stay
      • Help students make the connection between learning and work
    • Thought Leadership Topics
    • Sponsored Content
      • Addressing Indiana’s Healthcare Affordability Crisis
      • FirstNet: A Public-Private Partnership That Keeps America Safe
      • Make IT the Secret Weapon for Your Small Business
      • Automation can enhance client interactions
      • Loren Wood Builders: Crafting Legacy Projects Across Indiana
      • To drive government efficiency, connected technology is a must
      • INNOVATIVE – TRANSFORMATIVE – RAW AWE!
      • Where are they now: Rolls-Royce
      • Where are they now: LER TechForce
      • Where are they now: Micropulse
      • Future-ready HR: The versatility of full-service PEO partnerships
      • Where are they now: Meats by Linz
      • Where are they now: Liberation Labs
      • Where are they now: Doral Renewables/Mammoth Solar
      • Where are they now: Corteva Agriscience
      • Busey Bank Continues to Grow in Indiana, Adds Stutsman to Local Leadership Team
      • Competitive Advantages of Conscious Capitalism
      • Mohr Logistics Park: Transforming The Indianapolis Industrial Landscape
      • Empowering American Cities: Local Economic Intelligence, Trusted Advice
      • 2024 Indiana Global Economic Summit is key to building state’s economy of the future
      • When the Business of Your Business Becomes Your Wealth
      • Balancing Cost and Quality with Price Transparency Tools
      • Navigating Opportunities in Indianapolis Despite Economic Uncertainty
      • Superior Dental Care brings its highly regarded dental plans to the entire state of Indiana
    • Sponsored Content Samples
      • Sponsored Content – Emails
      • Sponsored Content – Print
      • Custom Videos
    • Business Cares Sites
      • Business Cares: Corporate Social Responsibility
      • Business Cares Breast Cancer Awareness
      • Business Cares Diversity, Equity & Inclusion
      • Business Cares Heart Health Awareness
    • Career Ready Indiana
      • 2025-26 – Earn & Learn
      • 2024-25 – Build Your Talent Pipeline
      • 2024-25 – Build Your Job Skills
      • 2023-24 – Need Talent? Grow Your Own
      • 2022-23 – Looking for Talent? Employers, We’ve Got You Covered!
      • 2021-22 – Hoosiers Talk About Why Indiana is a Great Place for Your Career
      • 2020-21 – Today’s College Students Older, Wiser
      • 2019-20 – Former Indy 500 Driver Crosses College Finish Line
    • Contact Us
Subscribe Now Log In
  • Weekly Paper
  • The IBJ Podcast
  • Pete the Planner podcast
  • Latest IBJ Forefront
  • Executive Gift Guide
  • AI Issue
  • Arts & Entertainment Preview
Home » Search

Search Results

1,247 results for 'abatement'

  • Sort By
    • Relevance
    • Oldest
    • Newest
  • Date
    • Any Time
    • Past Day
    • Past Week
    • Past Month
    • Past Year
    • Custom Date Range
  • Content Type
    • {{post_type.label}}
  • Topics
  • Authors
  • Reset

Articles

Caterpillar seeks tax abatement for Franklin plant

September 13, 2010

Caterpillar Reman Powertrain is requesting the tax break to offset costs related to a $13.6 million investment the company says will help retain 338 factory jobs.

Beck’s Superior Hybrids plans $24.5M expansion

September 10, 2010

A Hamilton County seed company has plans to expand its facilities, creating as many as 72 jobs over the next five years, state economic development officials said Friday morning.

IT firm approved for tax breaks on $29 million project

August 19, 2010

Lightbound LLC plans to construct 50,000-square-foot data center near Kentucky Avenue on the city’s southwest side. The abatement
should save the company $2.5 million.

Company expanding solar unit, plans to add 120 jobs

August 19, 2010

Fort Recovery Construction & Equipment in Portland plans to invest $1.9 million to accommodate research, development
and production of solar thermal collector panels.

Company news

August 17, 2010

Orthopedics giant Biomet Inc. plans to invest $26 million to grow operations in its hometown of Warsaw,
adding 278 jobs by the end of 2012. Biomet’s Warsaw Center of Excellence initiative calls for facility improvements
and new equipment that will allow the company to consolidate manufacturing activities from New Jersey.  Research-and-development
and administrative services also will be expanded. The Indiana Economic Development Corp. offered the company as much as $2.75
million in performance-based tax credits and up to $200,000 in training grants to help the company expand. Biomet also will
get a 10-year tax abatement approved by the Kosciusko County Council.

A researcher at the Indiana University School of Medicine concluded in a clinical trial that an experimental
drug can double the cure rate for patients with hepatitis C. In the trial, doctors added the drug boceprevir, made by New
Jersey-based Merck & Co. Inc., to the standard treatment regime for the chronic liver ailment. Cure rates jumped to 75
percent using the combination therapy, compared with a 38-percent cure rate for the standard treatment. The clinical study
was led by IU’s Dr. Paul Kwo, but was conducted at 67 sites in the United States, Canada and Europe.

Matrix-Bio Inc., based in West Lafayette, received an investment from Main Street Venture Funds,
a Fort Wayne-based group of angel investors. The size of the investment was not disclosed. Matrix-Bio is using technology
developed at Purdue University to develop a test that can detect a recurrence of breast cancer earlier than mammograms and
MRI images, which are currently the most common tests.

Summit Realty pursues downtown building for HQ

August 17, 2010

The firm, now based in Chase Tower, wants to acquire and renovate the building at 241 N. Pennsylvania St.

Cash options floated for workers at GM stamping plant

August 13, 2010

Fliers circulating at General Motors' Indianapolis plant show that union members will be offered cash payments of $25,000
to $35,000 and an opportunity to keep a foot in the door with GM, if they agree to work for JD Norman Industries.

Biomet investing $26M to expand, create nearly 280 jobs

August 13, 2010

Orthopedics giant Biomet Inc. plans to invest $26 million to grow operations in its hometown of Warsaw, adding 278 jobs by
the end of 2012.

Red Gold expanding Madison County operations

August 5, 2010

Following $5.1 million investment, the company plans to create 42 jobs by 2012 by expanding its production operations in Orestes.

State steps up chase for data centers

July 29, 2010

Jam-packed with expensive equipment, data centers represent huge capital investments in a relatively small footprint. That
can mean steep property tax bills, though Indiana allows communities to exempt a portion of that tax. Jobs-hungry Indiana
is eager to attract more of these climate-controlled computing fortresses.

Two companies expanding in northeast Indiana

July 20, 2010

Together, Fuel Systems of Angola and Steffy Wood Products plan to create more than 170 jobs within the next three years by
investing more than $4.8 million to expand operations in Angola.

Angola manufacturers plan nearly 180 new jobs

July 20, 2010

Fuel Systems of Angola and Steffy Wood Products say they will invest a total of $4.8 million on their production facilities
in northeast Indiana, creating 178 jobs by 2013.

IT firm plans $24 million data center

July 19, 2010

The city’s Metropolitan Development Commission will consider providing Lightbound LLC with property tax abatements to offset
investment cost.

Shelbyville, county plan economic development projects

July 15, 2010

Millions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.

Illinois firm to build used oil plant in Speedway

July 15, 2010

The $40 million project along West 10th Street could create 75 jobs by 2013.

IT staffing firm plans downtown expansion, 80 new jobs

July 14, 2010

Smart IT Staffing Inc said Wednesday morning that it plans to expand its Indianapolis headquarters, creating up to 80 new
jobs by 2014.

Company news

July 13, 2010

Medical device maker Biomet Inc. plans an expansion of its northern Indiana facilities that could add about
280 jobs, according to the Associated Press. Company officials have discussed the plan with Kosciusko County officials as
they've sought tax breaks on the $26 million project. Biomet attorney Richard Helm says the expansion in Warsaw would
retain about 80 jobs and lead to some manufacturing being moved there from New Jersey. The project would also expand Biomet’s
Warsaw distribution center.

Eli Lilly and Co. will cut 170 jobs—mostly in Indianapolis—from its manufacturing and quality
division by the end of the year as it continues its efforts to slim down before losing revenue from patent expirations on
its bestselling drugs. The Indianapolis-based drugmaker’s latest move will cut nearly 5 percent of its 3,600-person
manufacturing work force in the United States. Lilly will ask for voluntary departures, but it also will eliminate the jobs
of others involuntarily. Some jobs have already been eliminated through attrition. Lilly has announced nearly 2,000 job cuts
toward its goal of 5,500 cuts, which the company set in September. The company is also trying to eliminate $1 billion in annual
expenses by the end of 2011. At that time, it hopes to have a worldwide staff of about 35,000. It currently employs 12,400
in Indiana.

Hundreds of patients will be shifted from Indiana's state psychiatric hospitals into community-based care under a plan
that officials say will eliminate more than 500 jobs, according to the Associated Press. The biggest changes and the layoffs
will come at the Logansport and Richmond state hospitals, while units at the Evansville and Madison hospitals will be converted
to care for those with serious mental illnesses. The moves by the Indiana Family and Social Services Adminstration are expected
to reduce the number of patients at the six state hospitals by about 30 percent and save $15 million a year. The Logansport
State Hospital
will have 355 of its 900 workers laid off and 80 vacant positions eliminated. The Richmond
State Hospital
will lose 106 of its 600 workers.

A medical device company is seeking a property-tax abatement to offset costs associated with a $1.1 million expansion of
its facility at 3735 N. Arlington Ave. in Indianapolis. New York-based Greatbatch Medical Inc. expects to
create eight jobs at an average wage of $12.75 an hour and retain 146 jobs at an average wage of $14 an hour, according to
the abatement request. Greatbatch specializes in cardiovascular products but is expanding into the orthopedics market, which
is prompting the expansion, the company said.

Environmental services firm to build $40M refinery

July 13, 2010

Heritage-Crystal Clean Inc. plans to build an oil re-refinery in Speedway, creating as many as 75 new jobs by 2013.

CSO Architects plans new headquarters in former Bally’s gym

July 8, 2010

The 24,000-square-foot former fitness facility at 8831 Keystone Crossing is vacant and falling into disrepair.

Canadian chip maker locating U.S. HQ in Fort Wayne

July 8, 2010

Saratoga Potato Chips plans to create 175 jobs in the northeastern Indiana city by 2013 and will begin hiring later this year.

« Previous 1 … 48 49 50 51 52 … 63 Next »
Back To Top
  • Subscriptions
    • Online & Print Subscriptions
    • FREE eNews
  • Submit to Edit
    • Submit People
    • Submit Records
    • IBJ Awards
  • IBJ.com Account
    • My Account
    • Register
  • Events
    • Upcoming IBJ Events
    • Award Nominations
    • Event Sponsorship Opportunities
  • Support & Information
    • Customer Service
    • Contact Us
    • Career Opportunities
    • Reprints
  • Advertising
    • IBJ Advertising
    • Contacts
    • Classifieds
    • Legal Notices
    • Submit Advertising
  • Multimedia
    • Photo Galleries
    • Videos
    • IBJ Mobile App
  • IBJ.com
    • Book of Lists
    • Editorial Calendar
    • Archives
    • IBJ Digital Newspaper
    • Past Print Issues
    • Magazines/Supplements
    • IBJ Store
  • Online Products
    • Purchase Past Issues
    • Bookstore
  • IBJ Media
  • Inside INdiana Business
  • The Indiana Lawyer
  • Indiana 250
  • AdEndeavor
Copyright © 2025 All Rights Reserved Privacy Policy | Terms of Service