Indianapolis-area experts see bright spots amid ongoing real estate weakness
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Economic Development Agencies
Articles
Canadian company plans to create 175 jobs in Miami County
Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest more than $13.8 million to purchase and equip a plant in Peru, which would be the company’s first location in the United States.
Indiana commerce agency, Purdue plan California office
Officials say the Silicon Valley office will focus on attracting California companies to move to Indiana and to sell venture capitalists on ideas and research generated by Purdue faculty and entrepreneurs.
Furniture distributor plans Gas City operations
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create as many as 100 jobs by the end of the year and as many as 350 by 2013.
TechPoint unveiling ‘measured marketing’ campaign
The initiative will promote the advantages of doing business in Indiana to attract more “measured marketers.” They are companies such as ExactTarget and Aprimo Inc. that provide a platform for marketing via e-mail, social media and other technologies.
Franklin calls off deal to land brewery plant
The Franklin Redevelopment Commission decided Thursday to call off the deal because TailGate Beer of San Diego failed to respond to a deadline to provide detailed financial information.
UPDATE: New tech jobs come with handsome wages
Mobi Wireless expects to pay average wages of more than $50,000 to 253 new workers; Bostech Corp. expects to pay more than $80,000 to 61 new employees.
Tech companies adding 314 jobs in Zionsville
Two tech companies located in Northwest Technology Center in Zionsville plan to invest $3.6 million and add 314 jobs over the next four years, officials announced Wednesday morning.
IT firm approved for tax breaks on $29 million project
Lightbound LLC plans to construct 50,000-square-foot data center near Kentucky Avenue on the city’s southwest side. The abatement
should save the company $2.5 million.
IT firm plans $24 million data center
The city’s Metropolitan Development Commission will consider providing Lightbound LLC with property tax abatements to offset
investment cost.
Beer brewer feuding with Franklin over incentives
San Diego-based TailGate Beer is supposed to create as many as 150 jobs in Franklin, but the plan has been delayed while the
sides squabble about financial disclosures.
IT staffing firm plans downtown expansion, 80 new jobs
Smart IT Staffing Inc said Wednesday morning that it plans to expand its Indianapolis headquarters, creating up to 80 new
jobs by 2014.
Environmental services firm to build $40M refinery
Heritage-Crystal Clean Inc. plans to build an oil re-refinery in Speedway, creating as many as 75 new jobs by 2013.
Canadian chip maker locating U.S. HQ in Fort Wayne
Saratoga Potato Chips plans to create 175 jobs in the northeastern Indiana city by 2013 and will begin hiring later this year.
AIT Labs moving headquarters, adding 160 jobs
The Indianapolis-based forensics, clinical and pharmaceutical testing firm, led by CEO Michael Evans, plans to invest $74
million to acquire and equip
an existing 90,000-square-foot building in Woodland Corporate Park near West 79th Street and Interstate 465.
Batesville Tool & Die expansion should create 40 jobs
Southeastern Indiana company plans to add 25,000 square feet to plant and begin hiring additional employees by the end of
next year.
House Speaker pushes IEDC over job-creation numbers
Pat Bauer sent Indiana Secretary of Commerce Mitch Roob a letter formally requesting the Indiana Economic Development Corp.
disclose public records about promises companies gave the state in exchange for job-creation incentives.
Hat World expansion to create 571 jobs in Indianapolis
Hat World, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare
additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.
IT consulting firm plans to create 230 jobs
Miller Consulting Group will move its headquarters from Indianapolis to Noblesville and add the jobs by the end of 2013,
the company said Wednesday morning.
State opens 2nd biz-development office in China
Zhejiang Province office will be Indiana Economic Development Corp.’s seventh international location.