Arena, city hall among Fishers projects expected to be completed in 2024
The city will have new places to stay overnight and watch a hockey game. Fishers city government will move into a new home, and so will an Italy-based manufacturer.
Economic Development
Articles
State Budget Committee OKs nearly $300M in IEDC incentives, LEAP enhancements
The State Budget Committee, which consists of four lawmakers and the state budget director, voted unanimously to authorize the spending, though Democrats on the committee expressed deep reservations about the IEDC’s requests.
State, Lafayette officials say no action on pipeline without completed study, legislative review
The Indiana Economic Development Corp. has faced pushback for proposing a pipeline that would transport as much as 100 million gallons of water per day from Wabash River aquifers to a massive business development in Lebanon.
IEDC touts record-breaking year for economic development
The state’s job-creation agency says it secured $28.7 billion in new capital expenditures in 2023, a 29% increase over the the previous year. But some of the projects on the list are yet to be announced.
Lilly Endowment awards $146M in grants to 6 Indiana schools for development projects
The grants range from $5.8 million to $35 million each, with Ball State University in Muncie landing the largest grant.
Carmel unveils ‘Flower District’ on city’s west side
The triangular Flower District is bordered by Pennsylvania, Old Meridian and Main streets and extend east to Guilford Road.
Adults can now legally possess, grow marijuana in Ohio, but can’t buy it
Ohioans woke up Thursday in a land of limbo for recreational marijuana use, and lawmakers are still fighting over the next step in the process.
Elevate Ventures planning a slightly slimmed-down Rally conference for 2024
Based on data from a newly released report about its first-ever Rally innovation conference, organizer Elevate Ventures likely will trim its programming offerings and schedule fewer simultaneous programs.
Holcomb releases 62 videos promoting Hoosier attractions
The video project, All Around Indiana, features a buffalo preserve, caves, parks, racing, sandhill crane migration and much more more—and highlights a variety of industries. Holcomb narrates the videos.
Indiana Chamber’s lobbying priorities include driving cards, tax cuts, child care
Members of the Indiana Chamber of Commerce laid out their agenda for the 2024 General Assembly during the business group’s annual legislative preview luncheon on Monday.
Another employer exploring Indiana for major project
St. Joseph County economic development leaders say another big company is eyeing the New Carlisle area with an investment similar in size and scale to the $3 billion General Motors and Samsung SDI electric vehicle battery plant announced earlier this year.
Carmel sanitizing device maker 3Oe Scientific files for bankruptcy
The business makes a hand-sanitizing device called Iggy that kills pathogens with ozone-infused water instead of soap or other chemicals.
Indiana cities dishing out thousands of dollars to get out-of-state workers to relocate
Hundreds of families have already participated in the MakeMyMove program and now call Indiana home.
Timothy Moriarty and Brad Boswell: To capitalize on new era, we must address deficiencies
To take full advantage of the new economic opportunities coming Indiana’s away, addressing education and workforce development deficiencies will be paramount.
Michael A. Carroll Award winner: Daniels still aiming higher, no matter the role
Thinking big and inspiring others to do so as well has been Mitch Daniels’ hallmark through five decades in business, public service and higher education.
Republic Services to build plastics recycling operation on south side
Republic Services called the development the “nation’s first integrated plastics recycling facility,” designed to address increasing demand from consumers and packaging manufacturers for recycled plastic.
Ten state agencies spent more than $5M on spot bonuses over two years
The Indiana Economic Development Corp. doesn’t have the largest employee headcount, but the relatively small state agency spent an outsized amount of taxpayer dollars on spot bonuses totaling $1.2 million over two years.
Visit Indy, cultural groups to visit Singapore for ideas about White River
The trip, set for Nov. 14-17, will primarily focus on the $1 billion Gardens by the Bay nature park development, which encompasses 250 acres near Singapore’s southern coast.
Canadian Solar plans $800M production facility, 1,200 jobs in Indiana
A global developer of large-scale solar power plants and battery storage projects is expanding into southern Indiana, the Indiana Economic Development Corp. announced Monday.
City board to consider new taxing district for Eleven Park stadium
The taxing district, known as a professional sports development area, or PSDA, would allow for the collection of various taxes to cover a portion of the cost for the 20,000-seat stadium.