Lawmakers pass budget with investments in education, entrepreneurism
The final version of the bill eschews a proposed $1 per pack cigarette tax increase. But it includes many of Gov. Eric Holcomb’s priorities.
Economic Development
Articles
Carmel-based interior design firm to expand, add 43 jobs
Mitsch Design Inc. said it will to invest nearly $2.4 million to expand its offices at the Indiana Design Center on Rangeline Road.
Indy wins bid to host NCAA hoops regional, other postseason events
Lucas Oil Stadium, Eagle Creek State Park and the IUPUI Natatorium will host NCAA championship events in 2019 and 2020.
Toyota Industrial plans $17.5M expansion of forklift plant
The company, which makes forklifts and other material-handling equipment, announced Tuesday that it will add 150,000 square feet to its complex, bringing the total to 1.3 million square feet.
Big bakery meets early goals, plans $16.5M in new equipment
Fast-rising CraftMark Bakery wants to sweeten its investment and hire 32 more workers by expanding production capacity at a $75 million headquarters and manufacturing facility built in 2014 in Indianapolis.
Carmel software firm plans expansion, 30 new employees
EduSource pairs its fulltime software engineers with paid student apprentices to build custom software for its clients.
Tech-services firm Brookfield investing $7M, adding up to 31 jobs
The company, which already employs 40 in Indiana, is upgrading its Carmel headquarters and a downtown Indianapolis data center.
Forklift maker to open second Greencastle plant, add 100 jobs
Crown Equipment Corp., which came to Greencastle more than 20 years ago, added a facility in New Castle in 2011 and now has 850 full-time workers in the state.
China auto-parts maker to build $80M plant in Greenfield, hire 441
A Beijing-based manufacturer of brake and suspension systems has chosen the Indianapolis area as the site of its first U.S. production facility.
Email software firm 250ok plans to invest $1.6M, add 53 jobs
The company, which develops email-management software, plans to add space at its existing headquarters at 9247 N. Meridian St.
Chamber to bring national pitch program for entrepreneurs to Indy
Called 1 Million Cups, the weekly program has a format designed to be more collaborative and educational than more typical pitch events. It’s already in more than 100 other communities.
IT consulting firm plans 30-employee expansion in Carmel
The St. Louis-based firm, which provides IT services to small businesses, said it plans to move its local operations this summer into a 6,000-square-foot space at 985 N. Keystone Way.
Fishers-based quality-control firm plans to add 250 workers
Stratosphere Quality, which inspects parts and helps manufacturers eliminate defects, said that it will invest $3.7 million to expand its headquarters at 2024 Exit Five Parkway.
Medical device software firm plans to add 120 employees
Indianapolis-based software company Greenlight.guru has moved operations from one downtown facility to another to accommodate expansion.
Experts: Migration from Illinois to Indiana likely to grow
The number of Illinois residents pulling up stakes and moving to Indiana is expected to grow in the coming years because of factors including a lower cost of living and lower taxes.
NCAA to review North Carolina’s ‘bathroom bill’ deal
NCAA President Mark Emmert told reporters Thursday that the association’s board of governors will have to discuss the new legislation before deciding whether they’re comfortable hosting neutral-site championships in the state again.
Tech firm ClearScholar plans 31-employee expansion
The company, which develops student-engagement applications for universities, more than doubled its office space this month by moving operations across Monument Circle, from Circle Tower into the Lacy Building.
Layoffs loom as state moves on incentives to save other Carrier jobs
The IEDC approved a $7 million incentives package that requires Carrier to keep 1,069 jobs here, although the company is still sending hundreds of other jobs to Mexico.
Tech-consulting firm Kinney Group lands $6M in VC
The Indianapolis-based company plans to use the cash infusion slated to boost its headcount and expand its office space.
High-profile Carrier incentives deal unusual for Indiana
The deal brokered by President Donald Trump to stem job losses at a Carrier Corp. factory in Indianapolis is unusual for the state of Indiana because it doesn’t involve job creation.