County council terminates tax-break deal for EnerDel
The once-heralded battery maker with big plans ceased operations in Hancock County last year and doesn’t plan to resurrect them.
Economic Development Incentives
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County council to decide fate of EnerDel tax break
Hancock County officials are set to terminate a tax incentive agreement with EnerDel Inc., the once-heralded battery maker with big plans that since has vacated its facility in the county.
Canadian bakery makes Brownsburg its U.S. headquarters
Weston Foods is investing $1.6 million to renovate its 20,000-square-foot production facility in Brownsburg for its subsidiary Maplehurst Bakeries LLC. It plans to add 15 jobs.
Software firm plans 272-job expansion under new name
Indianapolis-based software firm TinderBox Inc. has changed its name and is planning a downtown expansion that could create up to 272 jobs by the end of 2021, it announced Monday morning.
Manufacturer plans $97M expansion, 150 jobs in Shelbyville
Ryobi Die Casting USA said it plans to grow its operations with the acquisition of a 350,000-square-foot building. The company already has 860 employees in Shelbyville.
SteadyServ relocating headquarters from Carmel to Fishers
The beer management software firm said it would be relocating its offices to the new Four Day Ray Brewing facility on the corner of Lantern Road and North Street. It intends to double its local employment to more than 80 over the next two years.
Toyota parts supplier adding 160 jobs in expansion
Toyota Boshoku Indiana LLC has launched a $10.6 million expansion of its plant in Princeton.
Noblesville’s development strategy emphasizes local company expansions
The city’s investment in the retention and expansion of more mature, existing businesses has been paying off.
Local technology firms plan expansions, 77 new jobs
Two local technology firms are making plans to expand their operations in Indianapolis, adding a total of up to 77 employees over the next four to five years, the companies announced Wednesday morning.
Sallie Mae lands $2.4M in tax incentives for local expansion
As IBJ first reported Thursday morning, Newark, Delaware-based Sallie Mae plans to spend $15.7 million on the new office at 8425 Woodfield Crossing in northeast Indianapolis and add 278 workers to its existing staff.
Sallie Mae planning hundreds of jobs at new Indy office
Student loan provider Sallie Mae Bank is expected to announce plans Thursday morning to spend nearly $16 million on a collections office and call center that will hire up to 278 people before the end of 2023.
Plastics manufacturer plans $6M expansion in Noblesville
Metro Plastics Technologies Inc. plans to leave the plant where it’s been housed for 35 years to move into a newly built facility.
Software company Emarsys speeding up hiring plans
The marketing-software firm originally planned to employ 167 employees by the end of 2020. But it’s accelerating those plans and expects to be halfway to that goal by the end of this year.
Japanese manufacturer plans $50M plant, 70 jobs in Indiana
Japan’s largest steel producer announced plans Tuesday to open a subsidiary in Shelbyville in a plant that is expected to be fully operational by spring 2018.
Refrigerated-warehousing firm plans $13.6M expansion, 65 new jobs
Merchandise Warehouse said it will build a 90,000-square-foot, 50-foot-tall addition to its food-grade facility at 1414 S. West St.—a move that will boost its capacity by 25 percent.
City-County Council approves ‘percent for art’ program
A similar measure was vetoed by former Mayor Greg Ballard last year, but this one is likely to stick.
States, cities dishing out fewer tax breaks to companies
The drop comes in the face of a tough new accounting rule that will force governments to release more information about the deals and a presidential campaign that has both sides criticizing “crony capitalism.”
Sun King seeks $100K tax break on expansion plans
The brewery is embarking on a project that will enable it to nearly double production and begin distributing throughout Indiana.
Maker of Indy mainstay Bar Keepers Friend plans expansion
SerVaas Laboratories Inc. and a related firm have applied for tax breaks on $3.6 million in investment on the expansion and new equipment.
Trucking company plans hundreds of jobs in Plainfield
Trucking and logistics company Knight Transportation Inc. expects to add as many as 426 employees at its new Regional Operations Service Center in Plainfield by the end of 2021, the company announced Tuesday.