T2 Systems snaps up Canadian software firm
Canada-based Digital Payment Technologies also focuses on parking applications.
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‘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.
Newegg lands incentives from state for distribution center
Online electronics retailer Newegg Inc., which reached an inducement deal with the city in September to open a distribution center in Indianapolis, has landed even more incentives from the state, the Indiana Economic Development Corp. announced Wednesday.
T2 Systems loses tax break over technicality
The software developer moved across town to a new address in 2012, which nullified its agreement with the city—although it's still on track to meet its goals for new investment and hiring.
Summit partners seek tax break for $14M distribution facility
They plan to spend $14 million to build the 542,000-square-foot warehouse on 33 acres on the city’s west side. One condition of the tax abatement is finding a user that would create at least 50 jobs by 2018.
Startup bakery seeking tax breaks on $78M project
Dallas-based Specialty Bakery LLC plans to build a 226,778-square-foot production and distribution facility in southwest Indianapolis that would create 241 jobs by 2018.
Developer seeks tax break on $16.2M apartment project
Indianapolis-based Herman & Kittle Properties Inc. would save $452,000 in property taxes on the development, slated for 22.5 acres on the southwest side.
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.
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.