Quantigen Biosciences plans Fishers expansion, 30 new jobs
Fishers-based Quantigen Biosciences is spending $2.5 million to redevelop 40,000 square feet of office space along Interstate 69 as its new specialty contract research laboratory.
Economic Development
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Fishers Council OKs $21M incentive package for Stevanato’s planned $145M facility
The project agreement offers Italy-based Stevanato Group a 15-year tax abatement, a $2.4 million commercial property grant and nearly 36 acres the city plans to buy at 126th Street and Cumberland Road.
Fishers to consider $27M in bonds for land acquisitions, life sciences park
Much of the money is earmarked to acquire a 75-acre property for a life sciences business park that will be anchored by Stevanato Group’s planned $145 million pharmaceutical manufacturing facility.
Italian manufacturer to build facility in Fishers, hire 230
Stevanato Group, a producer of syringes, vials and glass containers, announced Wednesday it will spend $145 million to build and equip a 370,000-square-foot facility in Fishers.
Korean auto supplier plans to expand local presence with Franklin facility
Daechang, which makes seating components for Kia, Hyundai and Subaru, established its North American headquarters in Indianapolis in 2017. The Franklin facility would be its second local site.
Incoming commerce secretary eyes ‘quality over quantity’ in economic development
Brad Chambers said he believes a “reevaluation of what the marketplace is doing” by the Indiana Economic Development Corp. will be a good thing—and a natural move for any agency or company when it changes leadership.
Maker of games, puzzles plans $11M expansion in Indiana
Ludo Fact USA LLC announced plans Tuesday to boost operations in Lafayette, adding up to 114 workers by the end of 2024.
Sen. Todd Young’s bill could lead to innovation hub in Indiana
Government and business leaders are preparing to bid to host one of the regional tech hubs that would be created by the U.S. Innovation and Competition Act, even though the bill has yet to pass.
Food-packaging manufacturer plans $380M plant, 345-plus jobs in Indiana
The company, which stands to receive more than $6 million in state and local incentives, said it could expand its investment in central Indiana to $490 million and its hiring plans to 425 by 2025.
Indianapolis tech scene has Irish eyes smiling
Ireland is interested in attracting fast-growing U.S. companies looking for a European outpost and has turned its attention to Indianapolis.
Biden plan would pick winners, losers in move to green jobs
President Joe Biden’s $2.3 trillion infrastructure plan calls for investments in industries such as electric vehicles and semiconductors. Critics say the plan gives the government too much involvement in decisions better made by the private sector.
Milestone Business Solutions to add 40 jobs
The company, which operates remotely, said it also will spend $171,500 to establish a physical location in central Indiana in 2022 to help support its growing national customer base.
Indy software company plans to add 355 jobs
Kennected announced Monday it plans to invest more than $2 million in its expanding operations with the release of an integrated suite of business lead generation software known as K-Suite.
Wisconsin’s new deal with Foxconn lowers tax breaks by billions
Foxconn originally proposed a 20 million-square-foot manufacturing campus that would have been the largest investment in U.S. history for a new location by a foreign-based company, but those plans have been downsized significantly.
Q&A with Joel Markland of BCA Environmental Consultants: Turning fields from brown to green
BCA Environmental Consultants LLC is one of many firms that helps local governments and businesses figure out how to clean up messes, commonly called “brownfields.”
Indy electrical contractor planning to move 150 jobs to new $18M Greenwood HQ
Indianapolis-based Electrical Repair & Maintenance Co. Inc.—better known as ERMCO—unveiled plans Tuesday afternoon to build a headquarters in Greenwood where it will employ 170 workers.
Bill Oesterle: State needs to recruit new talent to Indiana
Unlike many other states, Indiana has its fiscal house in order so this federal money is a rare opportunity for thoughtful new investment.
Seth Morales and Dave Neff: Envisioning Indy 3.0
Let’s not make March Madness 2021 in Indy the culmination of our efforts, but rather the launching point for an inspiring new future that brings people together and lifts up all those in our city.
Luke Zhang: It’s Hoosier show time
it only took Indy 84 days to plan for the biggest college basketball show in the nation. Now it’s time for us to show off.
Indianapolis staffing firm to add 34 jobs
Network Connect LLC is hiring for positions in staffing, hiring, account management and business development.