Holcomb touts green energy at COP27 climate summit in Egypt
While Indiana is making significant investments in solar energy, the state still relies on coal for half of its energy needs and is the Midwest’s biggest emitter of carbon per capita.
Economic Development
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Noblesville leaders expand scope of planned Innovation Mile
City leaders expect a stretch of undeveloped agricultural land on the city’s southeast side to become Hamilton County’s next epicenter of innovation.
Holcomb to attend United Nations climate summit in Egypt
Gov. Eric Holcomb and other state officials plan to join global leaders next week at the United Nations Climate Change Conference in Egypt, marking the first time an Indiana governor has attended the summit.
Hobby learning tech company planning to add 300 jobs
Indianapolis-based Combined Curiosity LLC said it will be filling technology and data analytics positions for its expanding learning platform.
Ground broken on $50M McCordsville district
The overall, $50 million master development is receiving $8.5 million in public funding, including $3.5 million from the Indiana Regional Economic Acceleration and Development Initiative, or READI.
Wabash River could be solution to Boone County’s development needs
To meet the water demands of an innovation district planned for just north of Lebanon, state officials are exploring the idea of tapping into the Wabash aquifer in Tippecanoe County.
Racing teams investing big in central Indiana
The local resurgence is spurred by three of motorsports’ biggest brands—Andretti Autosport, Rahal Letterman Lanigan Racing and Arrow McLaren SP.
Fishers startup plans 300 jobs, move to new headquarters
Fishers-based tech startup Spokenote LLC on Thursday announced plans to spend nearly $3 million to relocate its headquarters in Fishers.
Honda chooses Ohio for $3.5B battery plant, will hire 2,200 people
The company had been expected to choose either Ohio, where it has a plant in Marysville, or Indiana, where it has a plant in Greensburg, for the battery factory. It announced Ohio as the location on Tuesday.
Soybean processor Bunge plans $445 million expansion in Shelby County
A St. Louis-based grain and soybean manufacturer is planning to invest $445 million to expand its processing plant in Morristown.
Holcomb’s European trip touts Indiana as stable market amid energy turmoil
Gov. Eric Holcomb led a delegation to Germany and Switzerland this week with the goal of bringing jobs and future investment to Indiana.
Joint replacement center to be second tenant at Noblesville’s Innovation Mile
The Indiana Joint Replacement Institute is planning a $28 million, 35,000-square-foot facility at Innovation Mile, which is along 141st Street, between Olio and Prairie Baptist roads.
Holcomb heads to Europe to discuss prospects in manufacturing, energy
The Indiana governor will lead a nine-person delegation to Germany and Switzerland next week. It will mark his 13th international trip for economic development opportunities.
Senator says electric car tax credit needs ‘flexibility’
U.S. Sen. Raphael Warnock from Georgia is raising concerns that the tax credit President Joe Biden signed into law last month could place some automakers at a competitive disadvantage.
Huber says his new IU job will put focus on school’s role as an economic engine
Michael Huber, who will become Indiana University’s vice president for university relations, said the school’s role as an engine to improve lives and the economic vitality of Hoosiers was a big draw.
Ag-tech company bringing Shrimpbox to Indianapolis
Atarraya Inc. announced Wednesday that it plans to invest $4.8 million to establish its first U.S. container-based shrimp farming operation in Indianapolis and create up to 65 jobs by the end of 2025.
New York-based Cityblock Health expanding into Indiana, plans 140 new jobs
Brooklyn-based Cityblock Health Inc. and Indianapolis-based health maintenance organization MDwise Inc. said their partnership would bring care to about 10,000 people in Indianapolis and Fort Wayne.
Fountain Fletcher is new name for boosting prominent neighborhoods
The brand, unveiled in August, was created by the Greater Virginia Avenue Corridor Economic Improvement District to market businesses in Fountain Square, Fletcher Place, North Square and Holy Rosary.
Belgian tech startup Unbox to set up U.S. HQ in Indianapolis
The software company Unbox says it plans to establish its U.S. headquarters in Indianapolis as well as a software development, research and testing hub in West Lafayette. The company said it hopes to have up to 380 Indiana employees within the next few years.
GM to spend $491M to support EV production at Indiana plant
The company said it will add two press lines at its Marion Metal Center and invest in upgraded equipment to equip new and future electric vehicle models, including the Chevrolet Silverado EV, GMC Hummer EV, Hummer EV SUV, and Cadillac Lyriq.