Deputy mayor for economic development leaving administration
Angela Smith Jones, deputy mayor for economic development for Indianapolis since 2016, is joining Health and Hospital Corp. as the vice president of diversity and inclusion.
Economic Development
Articles
Westfield council OKs $3.5M tax abatement for software firm’s HQ
Carmel-based SEP and Indianapolis-based developer Pure Development Inc. are partnering to build the 70,200-square-foot facility in Westfield by the end of next year.
State expands Next Level Jobs programs to help economy recover post-virus
Through the end of the year, Hoosiers with an associate’s or bachelor’s degree can also receive free training in high-growth, in-demand jobs. In addition, the state has expanded the money companies can receive to train workers.
Fort Wayne city panel pulls $62M in funding to redevelop former GE site
The terminated economic development agreement called for a $280 million mixed-use redevelopment of the former 31-acre General Electric campus with new commercial and retail space. The site once employed more than 10,000 GE workers.
Lilly seeking $23.8M tax break to expand diabetes research, production
In the past seven years, the drugmaker has received tax breaks worth nearly $40 million in exchange for investing more than $500 million at its Indianapolis properties.
U.S. economy shows signs of stalling as viral outbreak worsens
Some economists have even warned that a so-called “double-dip” recession, in which the economy shrinks again after rebounding, could develop.
Indiana farmers markets make changes to reopen in pandemic
Indiana boasts nearly 200 farmers markets statewide that play a vital role in the local economies, according to research done by Purdue University.
Report: Indiana lags neighbors, peers in key business categories
The report evaluated Indiana in four general areas—talent, business climate, infrastructure and creative culture—and considered educational attainment, per-capita income, government spending, health insurance premiums, smoking and obesity rates, energy prices, internet connectivity and entrepreneurship.
City identifies first ‘inclusive’ incentives economic development deal
The change to the way tax incentives are awarded is part of the city’s quest to achieve “inclusive economic growth” by growing opportunities for the city’s middle class and poor, and came as the result of years of research.
Three tech firms plan expansions in Fishers that could add 223 jobs
The city of Fishers announced Wednesday morning that Genezen Labs, U.Group and Highbridge intend to grow their operations in the city.
Boone County group offering loans for small businesses hit by crisis
Approved businesses will also be eligible for one-on-one business plan consulting through the term of the no- or low-interest loans.
EDITORIAL: In the pandemic, a history lesson reminds us how far we’ve come
When this time of social and economic uncertainty passes—and it will—let’s rededicate ourselves to the city’s upward trajectory.
Subaru to expand Lafayette plant, add up to 350 jobs
The automaker says it will invest $158 million to build a new service parts facility and add a transmission assembly shop. The 4.7-million-square-foot plant produces about 410,000 vehicles each year.
Johnson & Johnson plans new warehouse, 300 jobs in Hendricks County
The distribution arm of the New Jersey-based company plans to spend $110 million on project, which will include specialized handling and storage technologies for medical devices.
Lawmakers considering central Indiana regionalism legislation
Senate Bill 350 would create a regional development authority framework for central Indiana to allow local officials to work together on significant economic development initiatives. The pilot program would be in place for five years.
ActiveCampaign’s massive VC haul to trigger growth at Indy office
ActiveCampaign, a Chicago-based marketing technology company that recently opened an Indianapolis office, announced this week it landed $100 million in Series B funding that will help it grow locally.
Holcomb announces $400M Fiat-Chrysler investment, teacher pay plan in speech
According to Gov. Eric Holcomb’s prepared remarks, Fiat-Chrysler will invest $400 million in its Kokomo facility and hinted that an announcement will be made on Friday from Toyota in Princeton.
IBJ Podcast: Deciphering 5G and the new Indiana 5G Zone
Host Mason King talks with Bill Soards, president of AT&T Indiana, and Sean Hendrix, who is the director of emerging technologies and partnerships for Purdue Research Foundation, about why 5G matters and how it could be used in the manufacturing, agricultural and other sectors.
Digital marketing firm Lev plans to add 80 jobs as it grows quickly
Lev added 92 employees in 2019, exceeding the goal of 70 new hires that it set when it announced the move of its headquarters to Indianapolis in February 2019.
Develop Indy: Deals reached in 2019 expected to create 4,000 jobs
Indianapolis’ economic development agency negotiated 67 relocation or expansion projects in 2019, the city announced Tuesday.