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Articles

Auto parts supplier coming to Plainfield, plans to create 30 jobs

September 4, 2009

Chicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center
in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.

IT consultant’s expansion plans include 130 new jobs

September 2, 2009

Indianapolis-based information technology consultant Apparatus Inc. plans to expand its local operations and create up to
130 jobs by 2012, the company announced this morning.

Indianapolis shows up peer cities in attracting the young and educated

August 26, 2009

Cities must woo people while they’re young—in their 20s or early 30s—because after that age, people tend
to hunker down. The Indianapolis area apparently appeals to at least two key groups of young people—particularly those
already married, according to a new study by researchers at IUPUI.

Beverage firm to open Columbus plant

August 24, 2009

Tipton Mills, a New York specialty beverage company, announced today it will locate a  plant in Columbus, Ind., creating
more than 40 jobs.

Rushville broadband firm plans 100 jobs

August 19, 2009

Rushville-based Omnicity Corp. said this morning that it plans to create 100 jobs there within the next three years by investing
$2.5 million in wireless infrastructure and a new corporate headquarters.

Rushville broadband firm plans 100 jobs

August 19, 2009

Rushville-based Omnicity Corp. said this morning that it plans to create 100 jobs there within the next three years by investing
$2.5 million in wireless infrastructure and a new corporate headquarters.

Dental startup locating in Noblesville

August 19, 2009

Therametric Technologies Inc., a developer of dental health technology, said today it will locate its headquarters and manufacturing
operations in Noblesville, and plans to create 40 jobs by 2013.

Vet supplier promises 30 jobs in Whitestown

August 11, 2009

Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.

Aviation firm plans 480 new jobs at airport-WEB ONLY

July 23, 2009

Comlux Completion USA, a Swiss company that operates two hangers at Indianapolis International Airport, plans a $46.3 million expansion that could create 480 jobs over the next five years, state economic officials announced today. Comlux Completion, part of the Switzerland-based Comlux The Aviation Group, refurbishes and completes interiors for corporate aircraft. The firm, which already […]

Recession forces casinos to go all in with pricey expansion projects

July 9, 2009

In a saturated gambling market, Indiana casinos increasingly rely on expanded entertainment options to
attract patrons. The upshot is that an industry once considered “recession-proof” is asking
the General Assembly for lower taxes and hopes to eliminate expensive regulatory requirements like maintaining engines
and crews.

Nestle seeks tax break for Anderson plant-WEB ONLY

July 8, 2009

Nestle USA plans to ask Anderson’s City Council for a tax break on equipment for its expanded plant that it says will lead to the hiring of nearly 99 people. Nestle is scheduled to make the request tomorrow for a 10-year tax abatement on new equipment valued at $200 million. The break is worth about […]

City zoning oversight puts $65M deal on hold-WEB ONLY

July 1, 2009

A hearing to discuss plans for a $65 million downtown redevelopment project was pushed to August after city officials learned the site does not have the required zoning. The city offered a rich incentive package to drive the redevelopment of the former Bank One operations center and an adjacent surface parking lot between New Jersey, […]

Council gives OK to code-enforcement office-WEB ONLY

June 30, 2009

The City-County Council last night approved the city’s first Office of Code Enforcement, making permanent a department created by Indianapolis Mayor Greg Ballard in February. The office, designed to streamline the city’s licensing, permitting, inspection and abatement functions, will become permanent Jan. 1. Historically, the departments of Metropolitan Development, Parks and Recreation, Public Safety and […]

$65M development deal would cost Capital Improvement Board

June 22, 2009

The Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million
public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations
center in part by acquiring an adjacent
parking garage for $18.5 million.

Boomtown on hold: Recession delays Honda’s full impact on Greensburg

June 22, 2009

Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development
remains scarce. But local officials remain optimistic about Honda’s long-term impact.

Boomtown on hold-WEB ONLY

June 20, 2009

This small town between Indianapolis and Cincinnati was hardly ailing when it landed the economic development prize of the decade-a new Honda plant. Back in June 2006, Decatur County’s unemployment rate was a healthy 4.2 percent, lower than the state’s as a whole. With Honda’s promise of 2,000 jobs by 2010, a boom seemed just […]

City deal would cost CIB-WEB ONLY

June 20, 2009

The Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations center in part by acquiring an adjacent parking garage for $18.5 million. […]

Coachmen expansion could create 234 jobs-WEB ONLY

June 15, 2009

Elkhart-based Coachmen Industries Inc., no longer part of the slumping recreational vehicle industry, could start hiring soon as part of a $3.5 million expansion that it expects to create more than 200 jobs in northern Indiana. The Elkhart County Council has approved $135,661 in local property-tax abatements over 10 years on the company’s promise to […]

$65M downtown development deal raises questions

June 15, 2009

A $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual
approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations
center, surface parking lots and an adjacent
parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.

Anderson’s abundant water supply makes city well-suited for Nestle, other food processors

June 15, 2009

The city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant
in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The
company already has launched an expansion slated for completion in 2011.

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