Daechang Seat Co. is seeking tax breaks from the city for its plans to invest $16.8 million in a production facility and establish a base of operations in America.
If health coverage were de-coupled from employment, the United States would become a much more attractive location for new businesses, and incentives to outsource production to overseas workers would be reduced.
Here’s a little-known fact: The city of Indianapolis has an ownership stake in two of downtown’s most luxurious hotels and has received nearly $1.2 million so far from one of the investments.
Crown Equipment Corp., which came to Greencastle more than 20 years ago, added a facility in New Castle in 2011 and now has 850 full-time workers in the state.
Facility Concepts Inc., one the country’s largest commercial furniture makers, plans to move its headquarters and 117 jobs to a $10 million development in AllPoints at Anson by Duke Realty and Browning Investments.
Fast-rising CraftMark Bakery wants to sweeten its investment and hire 32 more workers by expanding production capacity at a $75 million headquarters and manufacturing facility built in 2014 in Indianapolis.
Hope Plumbing expects to sink $1 million into the project about a block from its current home to accommodate its growth. It’s seeking a tax abatement from the city to help offset costs.
The company that bought Interactive Intelligence last year for $1.4 billion has fallen short of the Interactive’s hiring and investment goals and is vacating a new, $12.4 million office building on the northwest side.
City officials said Allegion subsidiary, Schlage Lock Co. LLC, has purchased a building on the southeast corner of Pennsylvania Street and College Drive, just south of its current offices, to accommodate the expansion.
The commercial bakery, which makes frozen bread dough and cookie dough and baked flatbreads for Subway and other quick-service restaurants, started out big and says more growth is coming.
As part of its previously announced plan to hire 2,000 workers in central Indiana by the end of 2021, Infosys said Tuesday that it is leasing 35,000 square feet of office space in downtown Indianapolis and expects to hire 500 workers by the end of next year.
Seattle-based running gear retailer Brooks Sports Inc. is considering opening a major distribution warehouse in Whitestown that could generate more than 100 new jobs.
The company, now headquartered in Castleton, plans to build an 80,000-square-foot office building on USA Parkway, to the north of 106th Street, along the busy Interstate 69 corridor, it announced Tuesday afternoon.
The company said it plans to lease a new 140,000-square-foot building in Southtech Business Park where it will process, package and distribute corn, soybean and cotton seed for field testing.
The owner and the director of compliance for Noblesville-based Pharmakon Pharmaceuticals Inc. have been charged with multiple criminal counts related to the sale of over-potent compounded painkillers that sickened at least three infants.
Agribusiness giant Monsanto Co. is considering whether to go ahead with a planned seed-processing and distribution facility after Greenwood's mayor dropped his support for providing property tax breaks toward the project.
Noblesville-based Pharmakon had a history of making state and local incentive agreements before suspending operations last year after a Food and Drug Administration investigation uncovered safety issues and possible criminal activity.
An Indianapolis-based environmental engineering firm that moved into a new downtown headquarters last year has been acquired by Chicago-based Woodlawn Partners LLC and Detroit-based Peninsula Capital Partners LLC.
