Deylen Realty is requesting the abatement to offset the cost of building Forte, a 64-unit apartment-and-retail project on part of a surface lot that had been owned by the city.
Hurco Cos. Inc. plans to move some of its manufacturing operations from Italy to Indianapolis, creating 35 local jobs by the end of 2017, the company disclosed in a tax-abatement request with the city.
For businesses looking for small offices, Fishers is practically booked up. The demand for office spaces of 5,000 square feet to 10,000 square feet has ramped up recently in the fast-growing suburb, but supply hasn’t kept pace.
Cook Pharmica LLC plans to spend $28 million and hire 70 workers to add a new drug-filling line at its Bloomington facility, company and state officials announced Monday morning. Cook Pharmica, a subsidiary of medical-device maker Cook Group, currently employs 575 workers manufacturing and packaging drugs for use in clinical trials or for sale on […]
Cook Pharmica, a subsidiary of Bloomington-based medical device maker Cook Group, currently employs 575 workers who manufacture and package drugs for use in clinical trials or for sale on the market.
A Louisville-based manufacturer of corrugated boxes and other packing supplies is seeking a tax abatement from the city to help it open a local plant and distribution center that would hire 60 workers over the next two years.
Aerodyn Engineering Inc. plans to spend $8.5 million to expand its headquarters at 1919 South Girls School Road and add 20 employees by the end of 2019.
Chicago-based Ingredion, which makes starches, sweeteners, texturants and nutritionals, is seeking city tax incentives to help it pay for major investments in its south-side operations.
Caito Foods Service Inc. is seeking tax abatements from the city to help offset the cost of building and equipping a major new distribution facility on the city’s east side.
Continuing a commitment to youth sports, the Fishers City Council approved waiving the mortgage in return for a commitment from the owner to invest $2 million in The Forum at Fishers Ice Arena.
Ohio-based company ID Castings LLC previously announced plans to invest $51.4 million to overhaul the former Noblesville Foundry on South Eighth Street, resurrecting a property that has been underused for years.
Four cities are considering creating an economic development group to obtain state funding for the first phase of a regional rapid-transit route for all-electric buses.
The Battery Energy Storage System, or BESS. will be built at the Harding Street Station. The utility received approval for a 10-year tax abatement from the county that will save it more than $3 million on the project.
Timberline Properties LLC is proposing a seven-year, $35,000 abatement for a project that would renovate 5,800 square feet on the second floor of the Caylor Building into 10 to 12 office suites and a business incubator.
The Minneapolis-based developer is constructing the facility on a speculative basis, as demand for industrial space in the metropolitan area remains high. The building should be finished in February.
GM previously said it was considering upgrading the truck assembly plant to build its next generation of pickup trucks. The Allen County Council voted in October to approve a 10-year tax abatement that would save GM more than $15 million on a possible $1 billion investment in equipment and related improvements.
Indiana-based Steel Dynamics Inc. said it will invest $100 million to add more steel-finishing capacity at its mill in Columbus, Mississippi, and add 40 employees to the current 630 at the plant.
