Ten industrial buildings have been completed within the past 24 months, another three are under construction, and four projects are in the process of getting started.
The Lebanon City Council on Monday night unanimously approved more than $2 million in tax incentives to lure a fast-growing logistics company that has proposed opening a major distribution center that would employ nearly 1,200 people.
Dawes Fretzin Dermatology Group LLC has received preliminary approval for tax breaks from the city of Indianapolis to help it pay for a 30,000-square-foot free-standing facility near the Lowe’s Home Improvement store in Castleton.
Investment Property Advisors needs the adjustment to still qualify for a property-tax abatement tied to a second phase to its 9 on Canal apartment project.
Browning/Duke Realty is expected to spend $15 million to build the 400,000-square-foot facility and Brooks Running Co. plans to spend nearly $11 million to equip it.
Mayor Thomas Broderick said he hopes bringing in large businesses and building a thriving downtown will attract young people to the area and create a downtown renaissance.
Two executives, including the CEO, of Indianapolis-based technology firm The Consultants Consortium Inc. have been indicted in a federal bribery case that also involves a former cabinet-level Maryland state government official.
Executives of the Fortune 100 company presented plans Tuesday to the Greenwood Redevelopment Commission, which recommended it receive incentives to build the 608,000-square-foot facility.
D-A Lubricant Co. Inc., which relocated to the Lebanon Business Park in 2011, will receive a tax break for boosting production at its 250,000-square-foot headquarters.
The suit names two dozen entities, including Stamford, Connecticut-based Purdue Pharma LP—which produces OxyContin—as well as Cephalon Inc, Teva Pharmaceutical Industries Ltd., Johnson & Johnson and Janssen Pharmaceuticals.
New Jersey-based U.S. Cold Storage plans to add 100,000 square feet to its existing 200,000-square-foot refrigerated warehouse and logistic-services facility.
A company founded a year ago by prominent local tech entrepreneur Don Brown expects to pay average salaries of $156,000 a year in new space at the IU Emerging Technology Center.
The investment in new equipment would ramp up the speed of sorting and handling at the 2.4 million-square-foot hub, as well as create about 125 full-time jobs and 450 part-time positions.
