Anderson auto-parts plant lands $5M in state incentives
NTN Driveshaft Inc. has been offered $5 million in state incentives to build an $87 million plant in Anderson that is expected to employ more than 500 people, state officials announced Tuesday.
Economic Development
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Hotels, retailers expected to follow Ikea to Fishers
Hundreds of acres of undeveloped land surround the 35-acre site the popular Swedish home furnishing company selected—land now ripe for new projects. And in other communities, hotels, restaurants, retailers and even tech companies have followed Ikea stores.
Broad Ripple media firm plans to add 90 workers
Odyssey, which runs a fast-growing, millennial-focused website, is planning a local workforce and real estate expansion amid rising web traffic.
West-side IT firm plans to add 89 jobs by 2019
Kinney Group, which currently has 41 full-time workers in Indiana, said it will invest $5.8 million to renovate 10,000 square feet of space at 2425 W. Michigan St.
Aluminum extrusion plant plans $8.5M expansion
Alexandria Extrusion MidAmerica LLC is planning an expansion at the aging Indianapolis plant it bought in 2012, helping it create 30 jobs and retain 60 workers.
Champions of 16 Tech see it as magnet for development, high-tech workers
City leaders want to make the 60-acre tract of land just north of the Indiana University School of Medicine campus a mix of all of the best the city has to offer and catch the eyes of more creative and highly sought-after workers.
Local tech firm planning another expansion, 69 jobs
Locally-based technology consulting firm Allegient LLC on Friday morning announced plans to spend $1.3 million to renovate and equip unused office space in its headquarters near North Meridian Street and Interstate 465.
Logistics firm planning $14M south-side distribution center
Two local subsidiaries of Miami-based Venture Logistics LLC want to build the 400,000-square-foot facility on a 46-acre site at West Hanna Avenue and Division Street, near South Harding Street.
State jobless rate continues slide, hitting 4.5 percent
Indiana’s unemployment rate dropped to its lowest point in eight years in September as the private sector added 6,600 jobs.
Statewide marketing plan aims to draw horse farms, bettors
The Indiana Horse Racing Commission is poised to make sweeping changes in the wake of the dismissal of its long-time executive director.
Safety label company plans $2.1M headquarters in Westfield
DuraMark Technologies Inc. hopes to hire 18 more employees to work in a new 18,000-square-foot office and production facility just south of 169th Street and west of U.S. 31.
Survey: More Indiana manufacturers financially ‘challenged’
A new annual survey of Indiana manufacturers found 38 percent of companies rate their overall performance as “healthy,” a drop of about 10 percentage points in a year.
Subaru incentive deal announced ahead of state board vote
Indiana's business recruitment agency announced nearly $8 million of incentives last month for Subaru's planned major expansion of its Lafayette factory even though it will be months before the agency's board considers approving the deal.
IT firm plans to add up to 105 jobs in Broad Ripple
TCC Software Solutions, which was founded in 1996 and has 139 full-time employees locally, said it will invest $1.9 million to expand into a new facility on East 52nd Street.
New bus routes shuttle workers to Plainfield, Whitestown
The new routes are coming just in time for a busy holiday season and will take workers to several suburban warehousing employers that plan to hire extra workers.
Online car dealer to spend $13.5M to open Whitestown center
New York City-based Vroom plans to lease the vacant 500,000-square-foot former Subaru of America building off Indianapolis Road to the west of Interstate 65. The company hopes to hire 220 employees by 2024.
Three area companies plan expansions, more jobs
If plans come to fruition, PolicyStat LLC of Carmel and Ace Technologies LLC and Central Marketing Transport Services of Indianapolis will add 111 employees over the next decade, the Indiana Economic Development Corp. said.
Online health-foods seller plans 250 jobs in Indiana
Los Angeles-based Thive Foods plans to spend $8 million on a fulfillment center it opened last month in Batesville.
Subaru plans 1,200 jobs as part of $140M expansion
Subaru of Indiana Automotive plans to spend $140.2 million to expand its plant in Lafayette and add as many as 1,200 workers before the end of 2017, the company announced Monday morning.
Pence to announce new jobs at Subaru Indiana
Subaru has announced plans to produce a new SUV in Lafayette that will be exclusive to the North American market.