When Visit Indy announced this week that Indianapolis had landed the 2016 USA Volleyball Girls’ Junior National Championships and that it would carry a $59 million economic impact, a few eyebrows were raised.
Penguin Random House LLC, the world’s largest consumer book publisher, plans to consolidate much of its U.S. distribution operations in Crawfordsville, the company announced Wednesday morning.
In November, Mayor Greg Ballard hoped to have City-County Council approval in January on a financing plan to help fix the IUPUI Natatorium. Now some councilors wonder if the mayor is changing directions on the issue.
Indianapolis is expecting 15,000 athletes and 30,000 spectators for the 2016 USA Volleyball Girls’ Junior National Championships.
Software startup Lesson.ly LLC is looking for new space to accomodate the expansion. It is eyeing three possible locations, all downtown, and it will likely move within the next three months, CEO Max Yoder said.
Systems in Motion LLC, a California-based technology consulting firm, expects to invest up to $5.4 million to lease, renovate and equip its new digs.
Indiana Gov. Mike Pence is leading a group of business and community leaders on a jobs mission to the United Kingdom next month.
The University of Notre Dame and General Electric Co. on Thursday announced plans to partner in a $36 million research and test facility for massive gas turbine engines used by commercial and military aircraft, power plants, and the oil and gas industry.
The Indiana Economic Development Corp. will conduct a study to compare Indiana cities to others across the region that are economically booming, the IEDC announced Wednesday.
Westfield City Council is considering a nearly $3 million plan to erect a pair of “landmark” towers at U.S. 31 and State Road 32, considered a key gateway to the growing community.
Muncie officials are carefully watching a project that promised to bring hundreds of jobs to the city, saying the company's production schedule doesn't match up with timeframes announced last year.
The Office of the Inspector General of the U.S. Treasury Department says Elevate Ventures “intentionally misused” almost $500,000 in taxpayer funds when the state contractor invested in a company run by its board chairman.
The giant retailer said it will build a 1.2.-million-square-foot e-commerce fulfillment facility in the AllPoints Midwest industrial park that will employ up to 303 workers by 2016.
Indianapolis is considering nearly $2.6 million in tax breaks over 10 years as an incentive for Interactive Intelligence’s planned $28 million investment.
Five years after the Great Recession officially ended, raises remain sharply uneven across industries and, as a whole, have barely kept up with prices.
ConAgra Foods says it will spend nearly $9 million to expand its popcorn production operations in northwestern Indiana, where it expects to add up to 80 workers in the coming year.
The retailer of photo, video and electronics equipment will move from 255 S. Meridian St. to larger downtown space at 220 E. St. Clair St. Roberts plans to add 35 workers by 2018.
While golf-related revenue for courses nationwide was down 2 percent in April compared to the same period a year ago, Indiana courses were up almost 8 percent. And that's not the end of the good news.
Indianapolis-based Algaeon Inc. plans to move its algae-growing operation to Westfield, investing $25 million and adding 25 jobs over the next five years. The biotech firm is seeking to phase in personal property taxes while it ramps up production.
Politicians in Indiana and other states hope tax cuts for businesses will boost their economies, but those and other moves could be contributing to the income gap limiting growth in U.S. consumer spending.
