The Indianapolis-based company behind artisanal chocolate brand SoChatti plans to use the funding to launch new products and innovations into the food-production industry. It also finalized its first industrial licensing agreement.
Amazon plans two Indiana facilities employing 1,000
Amazon’s announcement follows a secretive process in which Elkhart County officials approved an estimated $10 million tax break package for the project without revealing the company involved.Read More
COhatch set to open four more area coworking sites in early 2022
The company, which entered the market in 2020 by opening coworking centers in Broad Ripple and Noblesville, announced formal plans Wednesday to open additional Indianapolis-area centers—in Martindale-Brightwood, Carmel, downtown Indianapolis and Zionsville.Read More
Noblesville planning 200-acre innovation district on city’s southeast side
Innovation Mile, as it would be called, aims to bring medical technology, life science innovation, wholesale trade, professional and technical services companies to Noblesville by offering shovel-ready sites and shared amenities.Read More
23-story apartment tower proposed for downtown Indianapolis
If built as proposed, the tower would be the tallest structure to be built downtown since the 28-story 360 Market Square building was completed in March 2018.Read More
Most of of the funding will will go to improve mortgage access, capital access for small businesses and other education resources in the northeast-side neighborhood.
The Toyota plant location wasn’t announced, but it will likely be near one of the company’s U.S. assembly plants in Indiana, Missouri, Kentucky, Alabama or Texas.
The $1.5 billion solar farm’s first phase is expected become operational by mid-2023 and will produce 400 megawatts of electricity, enough to power 75,000 households, according to the company.
The contest is open to all businesses, from veteran manufacturers to budding entrepreneurs. To participate, a company does not need to be headquartered in Indiana, but the product it enters must be manufactured in the state.
When Ford revealed plans to spend more than $11 billion on the fledgling electric vehicle sector, the automaker chose two states where Republican leaders have criticized the push for green energy and defended fossil fuels.
The $200 million headquarters development plan by Indianapolis-based Republic Airways Holdings Inc. and Kite Realty Group Trust would result in Republic becoming the largest employer in Carmel.
Portia Bailey-Bernard of the Indy Chamber says projects like the $60 million redevelopment of the Stutz business campus and the expansion of IU Health’s downtown campus will help reshape the northern portion of downtown.
German-based manufacturer Variotech announced plans Friday to spend $2.2 million to upgrade and equip a production facility in Fishers, creating up to 22 jobs by the end of 2023.
Economic development projects topping $2 billion would be eligible for the incentives. Gov. Andy Beshear has said the state is pursuing at least five projects of that magnitude.
If Allies Collective chooses Zionsville, and the commission enters into a project agreement, the headquarters could create as many as 150 jobs paying an average of $41 per hour over the next six years.
Calumet, which acquired Muncie-based Paralogics LLC in March 2020, now says it plans to expand the facility and hire up to 20 more employees there by 2025.
Guest host Lesley Weidenbener interviews Indy Chamber CEO Michael Huber and the group’s director of economic development, Vincent Ash, about the programs that won it Chamber of the Year honors.
Indianapolis-based Renewable Transport Services Inc. plans to add more than 90 jobs by the end of 2025 and invest $20 million to upgrade its southside facilities.
The radiopharmaceutical developer and manufacturer is the latest in a string of life sciences firms that have announced plans to grow operations in Fishers.
As the downtown office market enters a post-pandemic period of volatility, the owner of the 213,600-square-foot building on Monument Circle is studying the cost of renovations to make it more alluring to would-be tenants.
Fishers-based Quantigen Biosciences is spending $2.5 million to redevelop 40,000 square feet of office space along Interstate 69 as its new specialty contract research laboratory.
The project agreement offers Italy-based Stevanato Group a 15-year tax abatement, a $2.4 million commercial property grant and nearly 36 acres the city plans to buy at 126th Street and Cumberland Road.
Much of the money is earmarked to acquire a 75-acre property for a life sciences business park that will be anchored by Stevanato Group’s planned $145 million pharmaceutical manufacturing facility.
Stevanato Group, a producer of syringes, vials and glass containers, announced Wednesday it will spend $145 million to build and equip a 370,000-square-foot facility in Fishers.