The new facility will be Diamond Pet Foods’ first in Indiana and represents one of the largest private investments in Rushville’s history, according to the Rush County Economic Development Corp.
City officials said Stevanato Group wants to increase its total investment in its Fishers plant to $512 million and its hiring plan to 515 employees. The facility is under construction near 126th Street and Cumberland Road.
The Greenfield-based company will lay out the design for its $100 million-plus global headquarters in Indianapolis on Thursday before a hearing examiner, who will rule on the project.
Ian Nicolini, who has served as Indy Chamber’s chief operating officer since October 2020, is leaving his position to join a commercial real estate developer working to recruit businesses to a high-tech research district planned in Boone County.
On average, recipients of the state’s Manufacturing Readiness Grants added five new jobs as a result of the technology investments.
The South Meridian Street corridor will receive a multi-use path, upgraded traffic signals for cyclists and cars, improvements to stormwater infrastructure and raised crosswalks.
The plant’s site is still undecided, but construction will begin in early 2023, with mass production of advanced lithium-ion battery cells to start by the end of 2025.
ZrO Waste Group is in the process of developing a technology that will help customers convert waste into usable energy in the forms of heating, cooling, refrigeration, hot water and electricity, said Kegahn Hopwood, executive vice president.
Ohio’s largest-ever economic development project comes with a big employment challenge: how to find thousands of construction workers in an already booming building environment when there’s also a national shortage of people working in the trades.
Gov. Eric Holcomb’s visit will tout the Hoosier state as a key place for Asian companies to invest and manufacture computer chips and electric vehicle batteries.
Local business and tech-industry leaders say they see the effort as a chance to increase the pipeline of qualified employees who can work at local companies.
A joint venture between General Motors Co. and LG Energy Solution has filed a tax abatement application for a facility in New Carlisle that—based on similar projects elsewhere—could bring more than $2 billion in investment and more than 1,000 jobs to northern Indiana.
Indiana Gov. Eric Holcomb on Wednesday brushed off fears of business and talent attraction consequences in the wake of signing a near-total abortion ban.
The move is intended to drive growth in enrollment, research and particularly prestige, in part by eliminating the school’s tongue-twisting name. Purdue intends to grow its presence in Indianapolis as well.
The long-pursued bipartisan legislation looks set to spur construction of more than a half-dozen big semiconductor manufacturing facilities in the United States.
The deal could have major implications for Indiana’s economic development efforts as it works with SkyWater Technology Inc. to open a $1.8 billion semiconductor production facility in West Lafayette.
The proposed $1.8 billion semiconductor facility at Purdue University isn’t as flashy as chip-related announcements in other states, but it might be the IEDC’s most significant step so far in reviving the state’s once-booming electronics industry.
President Joe Biden will soon sign into law the $280 billion CHIPS and Science Act—which also includes substantial money for scientific research. The back story of the legislation reveals the complexities of bipartisanship, even when all sides agree on the need to act.