A not-for-profit tax policy group will make its case in court next month that the public is entitled to know the financial incentives that were offered to Amazon in the city’s unsuccessful bid to lure the firm’s multibillion-dollar secondary campus.
Self-driving vehicle maker moving headquarters to Fishers, hiring 160
As part of the move, the company and the city are considering an agreement that will set up a short-distance transportation system using self-driving vehicles in Fishers.Read More
Program to spur growth is not limited to poor communities
The area that includes the Fletcher Place neighborhood and the southeast corner of downtown is one of the hottest parts of Indianapolis, yet it’s included in a federal program designed to spur investments in poor neighborhoods.Read More
Medical device manufacturer plans $37M Westfield facility, 477 jobs
Abbott Laboratories announced plans Monday night to build a 120,000-square-foot facility in the NorthPoint Industrial Park along U.S. 31 where it will manufacture a heart valve repair device.Read More
Four local development projects picked to receive $35M in incentive funds
Indianapolis Mayor Joe Hogsett said Tuesday that the city intends to use New Markets Tax Credits from the U.S. Department of the Treasury to support development projects involving the Madam Walker Legacy Center, the Wheeler Mission Center for Women and Children and two other groups.Read More
Indianapolis’ economic development agency negotiated 67 relocation or expansion projects in 2019, the city announced Tuesday.
The state’s lead economic development agency announced Monday that it secured nearly 300 development deals in 2019 that are expected to result in more than 27,000 new jobs.
The tax abatement is for equipment the artisanal, vegan chocolate maker and distributor plans to use at at its new, 12,870-square-foot facility in the Circle City Industrial Complex, 1125 Brookside Ave.
Selfless.ly Inc. announced plans Thursday to grow operations significantly over the next four years as it expands operations in downtown Indianapolis.
Nice-Pak Products, a manufacturer of wet wipes for consumers, health care, food service and other commercial markets, announced plans Wednesday to build a 760,000-square-foot production and warehousing facility in Mooresville, creating 90 jobs.
White Lodging pitched its plan last year for a complex including an event center, four hotels, an office building, condos, restaurants, a craft brewery and a 30,000-square-foot horse-riding arena.
Nukemed Inc., doing business as SpectronRX, plans to acquire a vacant 68,000 square-foot building at 9550 Zionsville Road, where it will produce lifesaving medicine for children through a partnership with New York-based Y-mAbs Therapeutics.
Fishers-based Aggressively Organic Inc., an agricultural technology company that focuses on alleviating food insecurity, announced plans in 2017 to hire 200 people by the end of 2021.
A City-County Council Committee on Monday recommended approval of a new tax-increment financing district for the Twin Aire neighborhood, which could lead to development opportunities in an area that will soon be home to the city’s new criminal justice complex.
The facility will offer a range of technology disposition services, including data erasure and drive destruction, processing, remarketing and recycling.
Gordon Food Service plans to hire and train more than 200 workers for the distribution center at hourly wages of $20 to $25 an hour before the facility opens in late 2021. Longer term, employment at the facility is expected to be much greater.
CraftMark Bakery, the baked goods supplier for more than 70,000 restaurants in North America, is planning another expansion that would bring employment up to 446 by the end of 2022.
The company, founded last year, offers legal medical consulting and medical product consulting to law firms, life sciences companies, and health and wellness businesses.
Sitel Group, one of the world’s largest call-center management companies, said it plans to spend $4 million to open a Midwest customer service hub in Fishers.
The Indianapolis City-County Council on Monday night approved nearly $10 million in financial incentives for a Denver-based developer that is planning a 13-story apartment, retail and office project across the street from the Indiana War Memorial.
The council’s Metropolitan and Economic Development Committee voted 6-5 to send two proposals concerning Charles Street Investment Partners’ mixed-use project at 421 N. Pennsylvania St. to the full City-County Council.
The canceled development was a joint venture between Indianapolis-based Heritage Environmental and Monterrey, Mexico-based Zinc Nacional, which had said the project planned for the site of a former BorgWarner automotive factory would have created up to 90 jobs over several years.
The fastest-growing company in the Indianapolis area is making plans for more growth throughout the state.
Anvl, which markets safety software to help reduce and prevent injuries for front-line workers in hazardous environments, was launched out of Indianapolis-based venture studio High Alpha in October.