The canceled development was a joint venture between Indianapolis-based Heritage Environmental and Monterrey, Mexico-based Zinc Nacional, which had said the project planned for the site of a former BorgWarner automotive factory would have created up to 90 jobs over several years.
Bloomberg analyzed the contribution to gross domestic product by industry and government in all 50 states to create the diversity index. Indiana’s GDP is most dependent on manufacturing and least dependent on government.
Starting Jan. 1, Develop Indy will change the way it awards millions of dollars in tax abatements and training grants annually. Only businesses that pay workers at least $18 an hour, give them access to health care benefits and support other community programs will be eligible.
Fort Wayne-based Steel Dynamics Inc. said the electric arc-furnace unit will be in Sinton, Texas, about 25 miles northwest of Corpus Christi.
Private sector employment in Indiana grew by 6,800 in June over the previous month and is up more than 37,000 over the year, the state said.
The next few years will be big for Fortville as it launches several projects near downtown that aim to make the area more pedestrian-friendly and draw in more businesses.
After nine years of managing the state’s investments in startups, the not-for-profit Elevate Ventures has had some wins, but more losses—as measured by the number of companies that paid back at least as much as they took in.
Mayor Andy Cook announced Tuesday that he has appointed a new leader for the department of community development, which includes the building department and the planning and zoning department. The hiring follows the departure of Matt Skelton.
An electric vehicle startup has halted plans to start production at a northern Indiana factory and hire more than 450 workers.
The massive project, which includes industrial, residential and commercial uses, would take place on largely undeveloped land near the State Road 32/38 split.
Roundtripper Baseball Academy is expanding its baseball facilities in Westfield and The Peterson Co. plans to build an office and warehouse facility for a Fishers company that plans to relocate.
But first—Chris Jensen said—the city needs to take steps that will help guide and keep a handle on the coming influx of residents and businesses.
To be known as St. Lucas Lofts, the project proposed by Englewood Community Development Corp. would include at least 10 units designated for individuals who are recovering from homelessness.
The Louisville-based company expects to invest more than $52 million to launch its Indiana operations at the River Ridge Commerce Center in Jeffersonville.
Officials said the new project, combined with the Vehicle Environmental Test, or VET, facility announced earlier this year, would create more than 300 jobs altogether at Allison.
City officials said the area is primed for redevelopment, especially after being designated a Lift Indy neighborhood, which means the city will direct about $4 million in investments to the area over three years.
A joint declaration released by the State Department said the U.S. “will immediately expand” a program that returns asylum-seekers, while their claims are under review, to Mexico after they have crossed the U.S.-Mexico border. Mexico will “offer jobs, healthcare and education” to those people, according to the agreement.
The sports footwear and apparel company is negotiating a lease to open in a roughly 635,000-square-foot building at 3519 Perry Boulevard.
Officials announced Friday that Indiana Wheel Corp. plans to spend nearly $23 million to purchase, renovate and equip the facility, where it will hire up to 117 workers.
A local food distribution company that plans to move its operations to Whitestown next year will have to pay off $98,406 in tax breaks, the Metropolitan Development Commission ruled this week.