Company specializing in steel wheels plans Indiana facility
Officials announced Friday that Indiana Wheel Corp. plans to spend nearly $23 million to purchase, renovate and equip the facility, where it will hire up to 117 workers.
Officials announced Friday that Indiana Wheel Corp. plans to spend nearly $23 million to purchase, renovate and equip the facility, where it will hire up to 117 workers.
A local food distribution company that plans to move its operations to Whitestown next year will have to pay off $98,406 in tax breaks, the Metropolitan Development Commission ruled this week.
Plans call for the company to spend $11.8 million on the real estate improvements and another $5.7 million on new IT equipment and freezers.
A software-as-a-service firm founded last year under the wing of Indianapolis-based venture studio High Alpha announced Tuesday that it plans to spend $1.4 million to establish a downtown headquarters.
An Alabama-based company that makes pipes for water, oil and natural gas is planning to build the 30,000-square-foot research and development facility on 17 acres.
Genesys, which acquired Interactive Intelligence in 2016 and made extensive job cuts following the purchase, is working on the city to update its tax-incentive agreement after failing to comply with previous requirements.
A company that designs and makes cutting and grinding products and custom tools is moving forward on an expansion that includes adding more jobs in northeastern Indiana.
State lawmakers last month passed a much-ballyhooed law that exempts sales taxes on equipment, infrastructure and electricity costs for sizable data centers constructed in Indiana.
Saab said the facility will be used to manufacture a significant portion of the T-X advanced pilot training aircraft, which will help train future U.S. Air Force pilots for generations.
The facility would process maize straw from as many as 150,000 acres of cornfields annually into a peat moss substitute for agriculture and foam products for material science uses.
The Atlanta-based company said the expansion would double its processing capacity and add 56 jobs over the next few years.
Indy Chamber President Michael Huber said the local bid package was “one of two that were personally handed to Jeff Bezos” by the Amazon team. The chamber is now repurposing some of the materials from the package for more economic development efforts.
The Lebanon City Council Monday night approved a tax break valued at $1.3 million for U.S. Corrugated Inc., which plans to open a 470,000-square-foot manufacturing facility.
BCforward is scheduled to announce the expansion Thursday morning during an economic development event at its offices at 9777 N. College Ave.
The announcement came Tuesday during a groundbreaking for the planned five-story, 120,000-square-foot office building at the southeast corner of Illinois Street and Fidelity Way.
Accutech Systems Corp., a wealth management software provider, said it intends to hire nearly 50 employees for jobs at the new headquarters.
Officials for the Indianapolis-based transmission giant tell city officials that the project would create 193 jobs that pay an average of $20.39 per hour, as well as help it retain current employees.
Sen. Mark Messmer, R-Jasper, who carried the bill on the Senate side, said it would make Indiana one of the top five states for tax policy on data centers.
The council voted 19-6 to approve Lilly’s request, which is tied to the firm’s pledge to spend $91 million on a building at its Lilly Technology Center that will house the company’s biosynthetic human insulin production operations
The third-party logistics company said it plans to increase its workforce by 50 full-time workers over the next five years.