Community investment group LISC promotes Grain to top spot
Tedd Grain, who joined the Local Initiatives Support Corp. in 2009 and became deputy director four years ago, succeeds Bill Taft as executive director.
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Chamber’s music initiative aims to turn up volume on Indy’s scene
The business advocacy group is working with city officials and a consultant to develop a strategy for promoting Indianapolis’ musical assets—and then writing the next verse in a higher key and more robust tempo.
IBJ EXCLUSIVE: Emails reveal plans, intense ‘war room’ effort to lure Amazon’s HQ2
Records provided to IBJ give behind-the-scenes insight into the all-hands-on-deck effort to attract the $5 billion project to Indianapolis, including setting up secret meetings, weighing several possible sites, and discussing “creative” incentives such as building a charter school on the prospective campus.
Hamilton County economic development agency changes mission
The not-for-profit’s board recently approved a new mission—aimed at potential employees, rather than employers—and voted to eliminate the position of CEO and president.
Frito-Lay plans $159M snack-food expansion in Indiana
The nation’s largest snack food company is adding two production lines and about 50 employees to its already-sizable operations about 45 miles northwest of Indianapolis.
Australian sales intelligence firm opens Indianapolis office
SalesPond has opened a downtown office where it plans to employ more than three dozen people by the end of 2023.
High-end tool maker expanding again in Lebanon, adding 65 jobs
Headquartered in Lebanon, Festool USA plans to add 80,000 square feet to its existing facility and has received tax incentives for the project from both the city and state.
Financial firm moves HQ to Indianapolis, plans to add 225 employees
A national credit-reporting and mortgage-data company founded in San Diego plans to spend nearly $3.6 million to establish its headquarters and operations center downtown in the Landmark Center.
Fishers health-care talent agency planning to add 25 jobs
The company could receive up to $1.025 million in state tax credits as part of its expansion plans, which include adding 2,000 square feet to its Fishers office.
Industrial-automation firm to open Whitestown warehouse, hire hundreds
A Fortune 500 company will invest $16.4 million in Boone County as it shutters warehouses in Illinois and Tennessee and consolidates those functions here.
Distilling company plans $66M bottling plant in Indiana
The project from Louisiana-based Sazerac Co. is expected to create up to 110 jobs by 2021.
Electric car maker targets Indiana for $160M plant, 467 jobs
SF Motors Inc., a Silicon Valley-based electric vehicle developer and manufacturer, said it could hire as many as 200 workers at the Indiana plant by the end of the year.
Council panel advances $2.9M in financing for new Duke Realty headquarters
An Indianapolis City-County Council panel on Monday night unanimously advanced proposals that would help Duke Realty Corp. move its headquarters from Carmel to a new $28 million office building it would build in Indianapolis.
Infosys using Indy as platform for new strategy
The company's U.S. hiring spree will bring its services closer to its sizable customer base in this country, although industry analysts said the change could increase costs and undercut profit.
State, city offer more than $100M in incentives to Infosys
The economic development deal marks the largest jobs commitment the Indiana Economic Development Corp. has received since the agency was established in 2005. But it’s not the largest incentive package the state has offered.
First phase of Infosys’ $245M airport campus will be $35M training center
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Infosys development at airport to have college campus-like feel
Gov. Eric Holcomb and state economic development officials have been pushing Infosys in a series of meetings to make Indianapolis a major training campus for the thousands of employees it plans to hire across the country.
Indiana governor planning trips to Israel, Europe in May
Indiana's governor is planning economic development trips to Israel and Europe that will include taking the first nonstop commercial flight from Paris to Indianapolis.
LISC seeking new executive director after Taft lands promotion
Bill Taft, leader of the influential Indianapolis office for the Local Initiatives Support Corp. since 2005, has been named senior vice president for economic development for LISC National.
Indy council member: Amazon bidding war is ‘race to the bottom’
An Indianapolis City-County Council member has signed onto a pact with two other council members from the cities of New York and Austin, Texas, to oppose the “tax-break bidding war that Amazon has begun” in pursuit of its second headquarters.