With electronic dance music pulsing against a neon-on-black backdrop, a “Young Professionals Coffee Rave” on Thursday kicked off Indiana’s inaugural Global Economic Summit for hundreds of visitors from across the United States and 30 other nations.
Company officials said the project will allow Arrow McLaren SP—its IndyCar operation—to run three full-time entries in the IndyCar series in 2023
Lebanon Mayor Matt Gentry called Eli Lilly’s plans to build two pharmaceutical manufacturing sites “transformational” for his city.
The Indiana Economic Development Corp., which focuses on bringing new business to the state, originally planned to host the Indiana Global Economic Summit in 2020 before the pandemic curtailed travel and meetings.
The Indianapolis-based drugmaker said Wednesday the project in Boone County will create up to 500 jobs in central Indiana, along with up to 1,500 temporary construction jobs.
The Indiana Economic Development Corp. laid out a substantial incentive package to lure the joint venture, with tax credits and investments totaling at least $186 million.
The companies said the investment could grow to $3.1 billion as Stellantis—formed last year with the merger of Fiat Chrysler and France’s PSA Peugeot—ramps up production of electric vehicles.
Ryan Vaughn, who has led the Indiana Sports Corp. since 2014, plans to resign from his role as president on July 1. There has been speculation that Vaughn might someday run for mayor.
A panel of Indiana life science experts on Friday said the state could become more competitive for large investments and jobs if it doubled down on the kind of collaborations and partnerships that other states have used to their advantage.
David Ricks called on government for help fix Indiana’s business climate. I think we will have to do more—a lot more. State government simply lacks the technological sophistication, budgetary discipline and political consensus to do enough.
David Ricks’ lunchtime speech to The Economic Club of Indiana—repeated on social media by those in attendance and reported by IBJ and local TV stations—has reverberated across the state.
The following is a partial transcript of Ricks’ speech to the Economic Club of Indiana on April 20, in which he spoke about problems in Indiana’s business climate.
While discussions about opportunities for improvement are important, they should also be framed in context of relative strengths. Indiana is strong and getting stronger.
The expansion comes on top of more than 1,000 positions the drugmaker has added since Jan. 1, 2021, bringing its current Bloomington workforce total to more than 4,000, which includes employees and workers provided by staffing agencies.
The city of Indianapolis and GangGang cultural firm are using the hashtag #DowntownIndy to seek feedback on social media platforms.
When it comes to competing for jobs, Indiana is far behind the curve in critical ways, Eli Lilly and Co. CEO David Ricks told a lunch crowd Wednesday at the Economic Club of Indiana.
CEO Jeff Simmons explains why the project is far more than simply an office building. He tells host Mason King that the goal is to create what the company calls “a post-COVID workplace destination” that attracts talent to the city and the company and gives workers more flexibility and engagement.
Kentucky Gov. Andy Beshear said Envision AESC’s plan to build a 2,000-employee plant will help make Indiana’s southern neighbor the “undisputed electric battery production capital of the United States of America.”
Local officials say the goal is to amass thousands of acres along I-65 between Purdue University and Indianapolis to attract manufacturers of semiconductors, microprocessors and other high-tech components.
The Indiana Economic Development Corp. recently approached Boone County officials about the possible development of land northwest of Lebanon for a big business project, but officials aren’t sharing much information.
