Louisiana-based Cross Road Centers, a third-party logistics provider, plans to spend about $6.7 million to open a distribution center near Indianapolis International Airport and hire 30 workers by 2011. The 600,000-square-foot warehouse will be in an existing Duke Realty Corp. building in the AirWest Industrial Park. Cross Road Centers expects to open the facility by […]
By Norm Heikens The Finish Line Inc. plans to add 180 employees over five years in an expansion of its warehouse and headquarters on the far-east side, the Indiana Economic Development Corp. announced today. Finish Line, a mall retailer specializing in athletic shoes and clothing, has 670 employees in Indianapolis and 13,000 nationally. The state […]
Marion County economic development officials are proud of their latest headquarters attraction. Bowen Engineering Corp.
will inject 103 high-paying jobs into the Indianapolis economy immediately. And over time, the company expects
to add another 138. Their average salaries will top $70,000. The deal didn’t require Mayor Greg Ballard
to travel to Japan, or even to another state. Bowen Engineering is moving all of 8.4 miles, from its former
home in Fishers to the 8800 block of North Meridian Street.
BOONE COUNTY County prevails in land standoff Whitestown and Boone County have been instructed by the Indiana Supreme Court to play nice and share the responsibility of granting tax abatements in an area coveted by both. The decision means developers who want tax abatement must get approval from both entities. It also overturns a state […]
The Steak n Shake Co. disclosed in a regulatory filing today that it paid interim president Jeffrey A. Blade the equivalent of his $305,000 annual salary in severance in connection with his departure announced July 11. Blade also will receive $12,000 to spend on outplacement services. The resignation, which was effective immediately, came after director […]
The Metropolitan Development Commission is scheduled tomorrow to consider a tax abatement worth more than $100,000 for The Steak n Shake Co. The incentives would be doled out in exchange for the Indianapolis company’s retaining 160 jobs and a $2.5-million investment in new equipment. IBJ first reported in April on local government plans to throw […]
Carmel-based telecommunications firm Telamon Corp. announced this morning that it plans to add 250 jobs by 2012 and invest $3 million to update its local operations. The expansion would roughly double the 259 employees now at Telamon’s Carmel headquarters. The Indiana Economic Development Corp. offered $1.25 million in performance-based tax credits and up to $230,000 […]
Roche Diagnostics has canceled a deal with Marsh Supermarkets to sublease the grocer’s corporate headquarters in Fishers. The Swiss-based manufacturer of pharmaceuticals and medical diagnostic equipment said in March it planned to move 340 employees into the 148,000-square-foot building that has served as the headquarters of Marsh since 1991. But Roche terminated the deal late […]
Author Solutions Inc. will transfer jobs from China to its home base in Bloomington as part of an expansion announced today. The provider of self-publishing services will spend $4.5 million on the consolidation, which will add 140 jobs to its headquarters. Author Solutions already employs 230 in Bloomington, and another 50 in Indianapolis. It maintained […]
A couple of development projects that would include tax abatements are up for hearings Wednesday at the Metropolitan Development Commission:
Community Hospital of Indiana Inc. plans to spend $3.7 million updating and expanding…
SHELBY COUNTY Growing pains for Morristown The tiny town of Morristown is drawing a lot of interest from expansion-minded businesses. Crane Werks, which repairs overhead cranes, wants the Morristown Town Council to give it tax abatements to buy an abandoned Nabisco building where it would expand its operations. Also, Integrity Metals of Connersville has told […]
Just Marketing International plans to spend more than $3 million to expand its Zionsville headquarters. The motorsports marketing company said the expansion will create 47 jobs that pay up to $28 an hour. Just Marketing employs 90. The company will receive up to $350,000 in tax credits and training grants, as well as a possible […]
DCL Medical Laboratories will add 125 jobs at its Indianapolis offices, the company announced today. DCL, which provides clinical laboratory test services to makers of drugs and medical devices, will invest more than $4.7 million and add more than 20,000 square feet of commercial laboratory space in its expansion. The company now employs more than […]
West Terre Haute-based Marion Manufacturing said it plans to spend $2 million to expand its operations and more than double its work force by 2011. The woman-owned business provides machining services to heavy-equipment makers like Illinois-based Caterpillar, as well as automotive, aerospace, agriculture and medical clients. The company employs 35 and expects to hire another […]
Local governments plan to throw Steak n Shake Co. a life raft of incentives worth about $275,000 to help the struggling chain
keep its headquarters in Indianapolis. The company has quietly agreed to retain about 180 employees here in exchange for a
$200,000 state training grant and a five-year personal property tax abatement worth about $75,000.
The state’s largest beer and wine distributor is considering a long-abandoned drive-in theater in Lawrence for a new headquarters.
Monarch Beverage Co. has outgrown its home along Interstate 465 just east of the airport and has been looking for a place
to move for a year.
Growth at Roche Diagnostics will push across 96th Street and take over the Marsh Supermarkets headquarters building, Roche announced today. By the end of 2010, Roche will transfer roughly 340 jobs to the new location from its campus in the northeast corner of Marion County, which serves as the company’s North American headquarters. Swiss-based Roche, […]
Getting you up to date:
Airport sinks approved
The Indianapolis Airport Authority board has approved an obscure bid package known as “T-31” that provides for the installation of floor-level foot sinks for…
The city plans to designate part of an office park near 96th Street and Keystone Avenue as an “economic revitalization area” to provide tax abatements for a local company that sells ADT security systems and Dish Network subscriptions. The company, Defender Security Co., has pledged to more than triple its Indiana work force-adding more than 1,100 new jobs-over the next 10 years. The state offered the company up to $6 million in tax credits and $345,000 in training grants to…
A plant in Greenwood operated by Mitsubishi Heavy Industries Climate Control Inc. will close in September because the company lost a key contract with an undisclosed customer, according to the Daily Journal of Franklin. Some of the 60 workers might be transferred to a plant operated by the company at its headquarters in nearby Franklin. […]
