The House Ways and Means Committee and the Senate Tax and Fiscal Policy advanced two separate measures Tuesday that would cut the state's corporate income tax and the state's business equipment tax in certain cases.
ID Castings LLC plans to resurrect the property on South Eighth Street, an eyesore that has been underused for years. The company is asking the city for a $1.3 million tax break.
A pair of legislative panels approved changes Tuesday for competing House and Senate tax measures that would cut taxes on business equipment and corporate earnings.
Mayor Greg Ballard’s chief deputy has spent the past six months telling community and business leaders that the city simply cannot cut its way out of its revenue problems; it also needs to attract more people to live within city boundaries so they will pay their income tax to Indianapolis.
The six Republicans vying to be Fishers’ first mayor fall into two camps on the key issue of growth: those who support recent efforts to spur business activity downtown, and those who advocate a more hands-off approach.
The sporting good retailer, which has more than 200 stores in 17 states, will consolidate distribution into a new, 735,000-square-foot building.
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.
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.
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.
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.
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 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.
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.
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.
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 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.
The company hopes that employees will accept buyout offers, made to a mix of salaried and manufacturing workers.
Canada-based Digital Payment Technologies also focuses on parking applications.
Indianapolis 'ban the box' initiative would affect hiring practices for the city, its vendors and economic development partners.
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.
