Leading
indicators show that an economic recovery likely will take hold in 2010, although several challenges remain that could delay
a solid rebound from the worst recession in a generation, an economist said Friday morning at IBJ’s annual Economic Forecast.
Businesses reduced inventories at the wholesale level for a record 12th consecutive month in August, although in an encouraging
sign, sales jumped by the largest amount in 14 months.
The Indianapolis Metropolitan Development Commission approved a 10-year tax abatement Wednesday afternoon for a controversial
public-private plan to redevelop a vacant downtown office building.
Dow AgroSciences could boost its market share in genetically altered corn almost overnight by inventing a perennial corn.
But investors might not have the patience.
A city board this week will consider tax abatements worth about $47,000 over six years for Indianapolis-based IT consultant
Apparatus Inc., which is moving its headquarters to the former WFYI building at 1401 N. Meridian St.
Greenwood-based Avram Worldwide said today that it will expand its headquarters and distribution operations in the city, and
plans to create 78 jobs by 2013.
Indy Partnership has been chosen to receive three Excellence in Economic Development Awards today at the International Economic Development
Council’s annual conference in Reno, Nev.
Noblesville Mayor John Ditslear has fired the city’s economic development director, Kevin Kelly, after Kelly had
been on the job for about two years.
One recurring pleasure for me is learning how different communities in our state are making progress in economic development. This past week I learned how Madison (Jefferson County) is battling to sustain its heritage while improving opportunities
for its citizens.
John Force is pleased to be growing his Brownsburg facility. He said central Indiana has everything a National Hot Rod Association
team could want. But nothing makes him happier than the new Dunkin Donuts there.
Whirlpool Corp. has notified state officials that it will continue to operate its refrigeration product development center
in Evansville that employs nearly 300 people.
A Milken Institute study shows Indiana isn’t the only state writhing with angst about the future of manufacturing. The study
frames Indiana in a somewhat positive light.
A central Indiana county is trying to attract an unidentified renewable energy company to take over a sprawling factory that
a Chrysler supplier stopped building last year.
William J. Thomas has been named president of the Better Business Bureau of Central Indiana, the organization announced Monday.
A renewable-energy firm is considering manufacturing solar panels in an empty Tipton County plant where transmissions were
to be built for Chrysler automobiles, according to the Kokomo Tribune.
Dealer Services Corp. announced Monday morning that it plans to create up to 60 jobs by the end of 2012 and invest $6.4 million
in its Carmel headquarters.
Indiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved the state
up two places to 12th.
A meeting between high-level National Hot Rod Association executives—including NHRA President Tom Compton—and
Gov. Mitch Daniels and members of the Indiana Economic Development Corp. has fueled speculation that the drag racing group
might be looking to significantly expand its presence here.
David Sexauer has $250,000 and a list of about 120 properties he’d like to acquire from the city of Indianapolis.
The motorcycle manufacturer is considering a Shelby County site at the same time that it’s pushing for concessions from the
union in York, Pa.
