City set to end tax break for tech staffing firm
Indianapolis-based technology staffing company BCForward won’t fight a Department of Metropolitan Development move to discontinue tax breaks for the firm’s Market Street headquarters.
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Online retailer Newegg plans big distribution center
Newegg.com is considering a $15 million distribution center in Indianapolis that would employ 150 people by the end of 2015.
Carmel pharmaceutical firm eyeing move to Noblesville
A Carmel institutional pharmacy could move its growing drug repackaging operation to Noblesville’s Corporate Campus if city leaders sign off on $225,000 in tax breaks.
T-shirt printer scoping Indy for new facility, 105 jobs
Little Raymond’s Print Shop Inc. has requested a property-tax break on $975,000 in manufacturing equipment needed for its screen-printing facility.
Battery maker EnerDel lays off 65 workers
Lacking production contracts, struggling battery maker EnerDel Inc. has once again downsized its Indianapolis-area work force.
Italian auto supplier adding nearly 100 Indy jobs
Reflex & Allen Group will add a tube-extrusion line.at a facility it opened near the former Indianapolis International Airport in March 2012.
Bank seeks abatement to construct office space along I-69
Economic development leaders in Fishers are asking the Town Council to OK a six-year property tax abatement to help First Internet Bancorp construct as many as two office buildings.
Noblesville council weighing 10-year tax phase-in for SMC
Fast-growing SMC Corp. of America plans to spend $6.1 million on equipment to expand production and distribution capacities at its North American headquarters in Noblesville.
Delta expanding operations in central Indiana
Delta Faucet said it plans to spend about $12 million to renovate and equip its 380,000-square-foot facility in Greensburg, adding about 160 employees by 2014.
Two automotive suppliers plan expansions in Marion County
Innovative Coating Solutions and Reflex & Allen USA expect to add a total of 93 employees over five years and are seeking tax breaks on $3.5 million in new equipment.
San Diego wellness-program firm plans 300 jobs in Carmel
American Specialty Health has lined up office space along North Meridian Street. The company may establish Carmel as its new headquarters.
Aging east-side shopping center to be redeveloped
A local developer has received city approval to rezone 10 acres at Fall Creek Parkway and East 56th Street as part of a plan to demolish a mostly vacant retail center and replace it with a 42,000-square-foot anchor grocery store and other shops.
Hostess set to resume full production in Indy
Hostess Brands LLC wants to have its Indianapolis plant in full production by the end of next week, an executive said Wednesday. The company received a tax incentive agreement worth $536,000 from the city on Wednesday.
Hostess prepares to open plant despite tax-break question
Hostess Brands LLC has asked the city for a tax abatement on $10 million in new equipment. City officials might decide on July 3, but Hostess is moving ahead with its plans to reopen the plant that closed in November.
City to review tax breaks for five tech firms
The biotech and technology companies could see their Marion County tax abatements reduced or cancelled if officials decide they didn’t fulfill promises on new investment and hiring.
Incentives draw industrial developer to AmeriPlex
A city tax abatement has led Atlanta-based Industrial Developments International to build a 794,608-square-foot speculative building in AmeriPlex and to plan construction of another, 460,000-square-foot building there.
New Hostess owners want abatement for equipment
The new owners of Hostess Brands are seeking a tax abatement to support investment of $10 million in new equipment for a plant on the east side that could employ up to 145 people.
Japanese auto supplier adding 103 jobs in Columbus
Sunright America, a maker of nuts, bolts and specialty fasteners, plans to invest $35 million to build and equip two additional facilities on its 33-acre campus.
Governments helped fuel nursing-facility developer’s rise
Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.
Out-of-state developer pitches $75M Carmel project
Baltimore-based Atapco Properties wants to redevelop 34 acres of land at Carmel Drive and Guilford Road, converting a portion of the commercial property to residential use with hundreds of apartments.