The expansion comes on top of more than 1,000 positions the drugmaker has added since Jan. 1, 2021, bringing its current Bloomington workforce total to more than 4,000, which includes employees and workers provided by staffing agencies.
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Filmmaker Angelo Pizzo, Rep. Bob Morris and lobbyist Tony Samuel explain how an underdog proposal to attract movie business became a new law.
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City officials plan to create an economic development area in the coming months for the Motto-branded hotel, which is being developed in the the historic King Cole building by Chicago-based Gettys Group for about $48.5 million.
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The City-County Council on Monday saw the introduction of proposals to award developer-backed tax-increment financing bonds for a $60.8 million apartment development at the 16 Tech Innovation District, along with the $53 million redevelopment of the historic Stutz Motor Car Co. factory.
Read MoreThe UN Food and Agriculture Organization said its Food Price Index, which tracks monthly changes in international prices for a basket of commodities, averaged 159.3 points last month, up 12.6% from February.
Little Raymond’s Print Shop, which opened a facility on the east side of Indianapolis in 2013, said it has terminated 114 employees.
Eligible productions could include film, television, music or digital media. State Rep. Bob Morris (R-Fort Wayne) said the legislation could make Indiana a leading state for film and media production.
The measure heads to Gov. Eric Holcomb, who made modernizing the state’s economic development toolkit a top legislative priority and is expected to sign the bill into law in an effort to help the state be more nimble when recruiting new business.
House Ways and Means Chairman Tim Brown, R-Crawfordsville, said the reworked Senate Bill 361 now does a lot more to ensure the involvement of local stakeholders in decisions made by the Indiana Economic Development Corp.
Cincinnati-based Uptown Commercial Partners plans to invest nearly $29 million to build the facility on a 40-acre site just east of the Graham and Whiteland roads intersection, and west of Interstate 65.
Despite Indiana’s economic development successes, industry experts say the state must do more to attract multibillion-dollar megadeals like ones other states have recently landed.
Senate Bill 361 would make it possible for the Indiana Economic Development Corp. to create districts across the state to capture sites for large-scale economic development projects.
MakeMyMove, which launched about a year ago, will use the investment to scale up and hire several new employees, particularly in the areas of engineering, product development and sales.
Sen. R. Michael Young, R-Indianapolis, is pushing a bill that would require the Metropolitan Development Commission to notify Marion County’s independent cities and towns before it considers tax abatements for development projects in each city.
The state’s economic development board on Tuesday approved $824 million in incentives and assistance for Detroit-based General Motors.
Anchorage Digital, founded in 2017, plans to open a physical office in the Indianapolis area and hire another 10 people here by year’s end.
Founded in 2019, Chuqlab offers transcription technology for law enforcement agencies, prosecutors and operators of jails and prisons. The company recently received a state incentives offer based on its hiring plans.
Develop Indy, Indianapolis’ economic development agency, made incentive deals involving 71 business relocation or expansion projects during the first 11-plus months of the year, officials announced Tuesday.
While proponents did not specify pending deals for which Michigan is vying, several told the House Government Operations Committee that Michigan must stay competitive in the auto industry.
Allegion said the expansion will not only enhance manufacturing and engineering capabilities in the state, but also expand its information technology and innovation expertise.
The relocation package also includes $5,000 in cash, invitations to home-cooked meals at neighbors’ homes, a one-year membership to the local coworking space and YMCA, free gift cards to the seasonal farmers market, and tickets to productions at the local playhouse.
Atrium is led by CEO Chris Heineken, the former chief operating officer of Indianapolis-based cloud consulting firm Appirio.
The Indiana Economic Development Corp. said it would offer Stellantis up to $19.5 million in conditional tax credits based on the company’s investment and its plan to retrain and retain 660 employees.
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.
