The India-based tech giant broke ground 4-1/2 years ago on what it said would eventually be a $245 million, 141-acre campus. Today, Infosys appears far from achieving that vision—and it’s unclear when, or if, it ever will.
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Tek Experts, which has more than 6,000 employees worldwide, just opened an office in Indianapolis. The company has received an offer of up to $2 million in state tax incentives based on its ambitious growth plans.
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The winery said new products such as the Melon Mint Moscato, along with its mainstays like Oliver Sweet Red, have fueled the company’s continued growth.
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The company plans to create 250 jobs over the next five years in Noblesville with an average salary of $67,000 and retain and relocate 400 employees to the new corporate campus.
Read MoreIndianapolis developers receiving tax abatements have committed to providing nearly $5 million to help struggling middle- and low-income families gain access to economic opportunities and become more upwardly mobile.
Ellipsis Education, which formerly operated as Codelicious and currently has 30 employees, plans to hire another 91 people over the next few years. The company, which offers computer science curricula for schools, says school districts’ growing interest in computer classes is fueling its growth.
The Indianapolis-based firm has already made progress on its goal of hiring 113 additional Hoosiers by the end of 2026.
In June, Slovakian startup InoBat announced it was partnering with New York City-based Ideanomics to build the research, development and manufacturing facility. But Ideanomics now says it’s not sure it will be in business in a year.
Socian has developed a drone that can help gather information from the scene before police arrive. The founder says he was convinced to move to Indiana after having a good experience at an Indianapolis business accelerator program.
Good Jobs First, a not-for-profit that tracks and is critical of corporate subsidies, said 2022 set a record for the number of billion-dollar-plus incentive deals.
Pet food manufacturer Blue Buffalo Co. Ltd. plans a 169,000-square-foot addition to boost processing operations and warehouse capacity. As part of the expansion, the company plans to add up to 60 jobs by the end of 2024.
The members of Congress want companies that accept money authorized by the Chips and Science Act to be restricted from engaging in stock buybacks for at least 10 years.
The Greenwood Common Council this week voted unanimously to approve the creation of an economic revitalization area and provide a real property tax abatement for VisionQuest Eyecare.
MakeMyMove recently closed on a $2 million investment from angel investors. The company, founded by Angie’s List cofounder Bill Oesterle and former Angie’s list exec Evan Hock, offers a marketplace where remote workers can browse relocation incentives from communities around the U.S.
Soulbrain MI, a subsidiary of South Korea-based Soulbrain Holdings, announced Tuesday it will hire 75 employees for the 30,000-square-foot manufacturing facility in Kokomo.
SMC Corp. of America plans to expand its total workforce in Noblesville to 1,157 by 2032.
SMC Corp. of America, Noblesville’s largest private employer, said the new jobs would pay at least $59,000 annually.
RayzeBio Inc., a private company founded in 2020 in San Diego, said it will invest in improvements and equipment in a former warehouse for e-commerce giant Amazon.com Inc.
Honda had also considered Indiana for the $3.5 billion plant, which is expected to employ 2,200 people when completed.
The South Bend Regional Chamber says if the New Carlisle site is chosen for the project, the plant could generate an estimated $652 million in annual economic impact once fully operational.
U.S. Sen. Raphael Warnock from Georgia is raising concerns that the tax credit President Joe Biden signed into law last month could place some automakers at a competitive disadvantage.
The Greenfield-based company will lay out the design for its $100 million-plus global headquarters in Indianapolis on Thursday before a hearing examiner, who will rule on the project.
The developer behind the proposed revamp of the former Jail II and Arrestee Processing Center facilities on the eastern edge of downtown Indianapolis said he expects city incentives for the project to be secured by the end of this year.
Indiana economic development leaders have been hoping for passage of the bill because the state would like to tap federal funding to land a $1.8 billion semiconductor plant at Purdue University.
