GM’s deal to sell Indianapolis factory in doubt
A state official says General Motors could scuttle plans to sell an Indianapolis stamping plant marked for closing unless
a local union agrees to consider pay cuts.
Economic Development
Articles
Glass company to open $3.7M plant in Elkhart
State officials say Pennsylvania-based Santelli Tempered Glass Inc. will open a 32,500-square-foot plant in Elkhart, creating
35 jobs by 2013.
Ex-Commerce chief: Lift the veil on state incentive deals
The former executive director of IEDC’s predecessor agency argues that regular headcount disclosure is a key part of the economic
development
process once incentive deals have been struck with companies.
IEDC responds to House speaker’s public records request
Indiana Secretary of Commerce Mitch Roob’s letter Tuesday to Democrat Pat Bauer details IEDC’s approach to job-creation incentives
and its clawback efforts in the recession.
Fish farm drops Howard Co. site after opposition
A Florida-based fish farm operator dropped the western Howard County community of Russiaville from its expansion plans Saturday after resistance from neighbors opposed to industrial expansion of any sort in their midst.
AIT Labs moving headquarters, adding 160 jobs
The Indianapolis-based forensics, clinical and pharmaceutical testing firm, led by CEO Michael Evans, plans to invest $74
million to acquire and equip
an existing 90,000-square-foot building in Woodland Corporate Park near West 79th Street and Interstate 465.
Batesville Tool & Die expansion should create 40 jobs
Southeastern Indiana company plans to add 25,000 square feet to plant and begin hiring additional employees by the end of
next year.
Farmers say northwest Indiana airport costing wind power
Some farmers would like to see a small airport in rural northwestern Indiana closed in order to open up a large part of the
state's windiest area for electricity-producing wind turbines.
Loss of southern Indiana rail line worries communities
Some southern Indiana communities are worried about the economic impact of CSX Transportation's decision to stop running
trains on a 62-mile rail line.
House Speaker pushes IEDC over job-creation numbers
Pat Bauer sent Indiana Secretary of Commerce Mitch Roob a letter formally requesting the Indiana Economic Development Corp.
disclose public records about promises companies gave the state in exchange for job-creation incentives.
Hat World expansion to create 571 jobs in Indianapolis
Hat World, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare
additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.
Chinese furniture maker picks Marion for U.S. headquarters
The upholstered-furniture maker, which operates as Y.K. Furniture, plans to invest $24.3 million to establish its first U.S.
subsidiary. The facility will house assembly-and-distribution operations with about 100 employees.
Avon gives senior-living facility tax abatement
Leo Brown LLC’s 20-acre, $36 million senior-living community is expected to create 132 jobs with an average salary of $37,000
when it is completed in 2011.
IT consulting firm plans to create 230 jobs
Miller Consulting Group will move its headquarters from Indianapolis to Noblesville and add the jobs by the end of 2013,
the company said Wednesday morning.
Southern Wine to create 200 jobs in central Indiana
The country's largest beer, wine and liquor distributor plans to invest more than $10 million to establish operations
in central Indiana, creating 200 jobs at a regional office and distribution center here.
UPDATE: City’s Super Bowl preparation on track
Indianapolis is making progress on the way to its debut as a Super Bowl city, NFL executive Frank Supovitz said Friday afternoon.
Urban farmer in Indianapolis hopes he’s the first of many
Matthew Jose figures that if enough people follow him into urban farming, vacant and abandoned property will flourish with
productivity, consumer diets will improve, and worn neighborhoods will get new life.
Hoosiers begin agriculture trade mission to China
A 26-member delegation of Hoosiers, including Lt. Gov. Becky Skillman, arrived Wednesday in Hangzhou, Indiana’s Chinese
sister state since 1987, for an agriculture-focused economic development trade mission.
Becky Skillman’s blog from China
Lt. Gov. Becky Skillman is traveling to China with a delegation of state officials and business and community leaders through
June 10. Skillman is blogging about their experiences as the group works to build relationships and attract Chinese investment
to Indiana.
State opens 2nd biz-development office in China
Zhejiang Province office will be Indiana Economic Development Corp.’s seventh international location.