IEDC leading jobs mission to India
The Indiana Economic Development Corp. will lead the state’s first jobs mission to India next week to help establish relationships with high-tech companies, the state agency said on Thursday.
Economic Development
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Lilly’s master plan for downtown (real estate)
As Eli Lilly and Co. outsources work and sheds unnecessary properties, it is making moves with surplus real estate that could establish the strongest physical connection between Lilly and downtown since the company was founded at Pearl and Meridian streets 135 years ago.
China company bringing 150 jobs to Lafayette
Nanshan America Co. will invest $98.5 million to construct a manufacturing facility and office building, with work slated to begin in the spring. The company will start hiring in the fall.
Indy Partnership may reduce role in job recruitment
A merger among local economic development organizations could further diminish the role Indy Partnership plays in recruiting jobs to the city and region.
Booster groups Indy Partnership, Develop Indy to merge
Local economic development groups Indy Partnership and Develop Indy plan to combine operations to save money and more effectively pitch the city and region to potential job creators.
Indiana launches $250K ad blitz for Illinois businesses
State and local officials in northwest Indiana are investing $250,000 in billboards and television and print ads will appear across Illinois and target that state's personal and corporate tax increases.
Daniels: Federal debt is the new ‘red menace’
Gov. Mitch Daniels says the United States is facing a new "red menace" — debt, not Communism — and conservatives must be realistic in cuts.
Census: Home vacancies follow job losses in Indiana
North-central and east-central Indiana, which absorbed the brunt of the job losses, also showed the highest percentage of unoccupied homes.
Tech networking group Hackers and Founders changes name to Verge
The new name is meant to distinguish the group from its Silicon Valley namesake.
GAHL: Corporate travel will follow Super Bowl in Indianapolis
City has a strategy to pitch Indianapolis to honchos.
Carmel firm top notch in the tourism industry
Strategic Marketing & Research Inc., commonly known as SMARI, measures ad effectiveness for several states, attractions.
City looks to tourists to supplement convention business
Leisure travelers could plug gap until additional conventions fill the expanded Indiana Convention Center.
AT&T planning upgrades to city wireless network
Improvements, which include nine new cell towers and more Wi-Fi coverage, are expected to be made before Indianapolis hosts next year’s Super Bowl.
Defense contractor Gryphon plans Bloomington expansion
Maryland-based defense contractor Gryphon Technologies plans to expand its operations in Bloomington, creating as many as 60 jobs by 2013.
Job openings fall for second straight month
Employers posted fewer job openings in December, the second straight month of declines. That's a sign hiring is still weak even as the economy is gaining strength.
NFL lockout could prove costly to Indy economy
The worst case scenario — no season — would mean the city of Indianapolis sustaining the most expensive hit in league history.
Jobless rate falls to 9 percent despite weak job growth
The economy generated only 36,000 net new jobs in January, the fewest in four months, but the unemployment rate fell because many of those out of work gave up on their job searches.
Endocyte plans to raise about $78 million in IPO
The West Lafayette company does not yet market a product and has not yet reported a profit.
Aerospace firm plans to add 159 engineering jobs
Aero Engine Controls plans to invest as much as $8.5 million to expand its operations near Indianapolis International Airport, adding up to 159 jobs over the next two years.
Illinois governor responds as states try to poach jobs
Gov. Pat Quinn has a message for New Jersey Gov. Chris Christie and officials from other states trying to lure jobs from Illinois: Back off.