Indiana chosen for $3B electric vehicle battery plant, 1,700 jobs
General Motors and South Korea-based Samsung SDI announced Tuesday that they have selected a 656-acre site in New Carlisle to build the plant, which could become operational by 2026.
General Motors and South Korea-based Samsung SDI announced Tuesday that they have selected a 656-acre site in New Carlisle to build the plant, which could become operational by 2026.
NewCold said the expanded facility at Lebanon Business Park will be the largest automated cold storage building in the United States.
While no new jobs are being created, the company said the move will help retain the nearly 4,000 employees at the northeast Indiana facility.
Private employees in all but one Indiana county make less than the national average wage, according to an analysis of employment data from the U.S. Bureau of Labor Statistics.
Indianapolis Mayor Joe Hogsett on Wednesday announced plans for a four-month closure to vehicles in a quadrant of Monument Circle and a pedestrian-focused redevelopment of Georgia Street.
Indiana is hoping to use Techstars, as well as the recently launched SportsTech HQ organization, as a springboard to attract more sports-focused businesses to the state.
Amid the ongoing restructuring of IUPUI—both its leadership and its future as a campus solely within the Indiana University system—state and local officials are in the early stages of a project that could have big implications for downtown: an on-campus arena.
Indiana Gov. Eric Holcomb and Indiana Secretary of Commerce Brad Chambers plan make their third economic development trip to Europe in just over a year, his office announced Thursday.
The state’s strength in agriculture, plus partners like Purdue University and AgriNovus Indiana, combine to make Indiana a competitive place for generating and attracting ag-related technology and innovation.
The Indiana Economic Development Corp. is rolling out the red carpet for businesses eying sites in central Indiana as part of a strategy centered on the pageantry of the Indianapolis 500.
The company is building a battery plant in Tennessee and was in talks with the Energy Department for a $200 million grant funded through the 2021 infrastructure law.
The India-based tech giant broke ground 4-1/2 years ago on what it said would eventually be a $245 million, 141-acre campus. Today, Infosys appears far from achieving that vision—and it’s unclear when, or if, it ever will.
The CEO of orthopedic industry group OrthoWorx says the $30 million appropriation from the state’s new two-year budget has created excitement within Indiana’s orthopedic industry.
Architectural representatives at Tuesday’s meeting about the planned Henry Street bridge also presented the preferred design for the project, dubbed “Circle City Gateway.”
Indianapolis developers receiving tax abatements have committed to providing nearly $5 million to help struggling middle- and low-income families gain access to economic opportunities and become more upwardly mobile.
Purdue, the IEDC and Belgium-based Imec announced Wednesday that they have entered into a five-year memorandum of understanding to advance Indiana’s semiconductor industry, with each party providing “significant investment” to the partnership.
Indiana’s business, academic and economic development leaders see the industry as a huge opportunity for the state.
Jaewon Industrial plans to build a chemical recycling plant in Kokomo to serve the lithium-ion battery and electrical vehicle industry, creating 100 jobs by the end of 2024.
Indianapolis officials want fewer parking lots downtown, reflecting part of a national movement that envisions less reliance on cars, more use of mass transit and a reduction in carbon emissions.
The Indianapolis-based firm has already made progress on its goal of hiring 113 additional Hoosiers by the end of 2026.