The Metropolitan Development Commission voted Wednesday to cancel a tax abatement for Indianapolis-based tech staffing firm BCForward, since it didn’t hit job-creation targets laid out in a 2009 economic development agreement.
The Hoosier Lottery is running about 17 percent behind projections for surplus revenue in July and August under manager Gtech Indiana, a subsidiary of a firm that also has missed its forecasts for the Illinois lottery.
The Indiana Economic Development Corp. said Tuesday that Pratt Industries will invest $260 million to build the recycling plant next to its existing box-making plant in Valparaiso.
Indianapolis-based technology staffing company BCForward won’t fight a Department of Metropolitan Development move to discontinue tax breaks for the firm’s Market Street headquarters.
Newegg.com is considering a $15 million distribution center in Indianapolis that would employ 150 people by the end of 2015.
Indiana Gov. Mike Pence is visiting Japanese companies that do major business in Indiana on a trade mission to Asia.
Indiana’s problem with brain drain is that its business community is too weak to offer enough jobs or high enough pay to keep graduates with the best money-making potential—those with degrees in science, technology, engineering, math and business.
Dax Norton, director of Indiana’s Office of Community and Rural Affairs, and his deputy quietly left their posts late last month, and state officials are offering no explanation for the departures.
The Indiana Economic Development Corp. began last month running 15-second advertisements twice an hour promoting the state on the CBS Super Screen in Times Square.
Express Motor Vehicle Administration Corp., a provider of managed services for auto dealers, insurance companies, corporations and financial institutions, said it will create the jobs by 2015 as part of a $700,000 expansion.
A lobbying group is hoping it can persuade Indiana lawmakers to approve tax incentives to companies making movies in the state, saying it will create jobs.
The state has taken its economic development efforts to Times Square in New York City, where a couple of 15-second ads promoting Indiana are shown every hour on a 26-foot wide digital screen.
Indianapolis will seek to host its second Super Bowl in 2018 after a highly praised debut in 2012. “We’re going after the Super Bowl on the merits of our greatness and what we accomplished” in 2012, said Colts owner Jim Irsay.
American Specialty Health, a California-based provider of wellness programs, plans to lease about 90,000 square feet of office space in Carmel and open its new headquarters next June.
Knowledge Services, founded by CEO Julie Bielawski in 1994, has been one of the city’s fastest-growing companies in recent years.
Both sides of the political aisle are howling that the $6 million transforming Post Road Community Park into the Indianapolis World Sports Park could be better spent. Yet a powerful group of people and organizations says the 48-acre park championed by Mayor Greg Ballard is already paying off and will score even bigger dividends in the future.
Indianapolis-based Language Training Center Inc. plans a $1.5 million expansion that will lead to the hiring of 26 more employees by 2017, the company announced Thursday.
Solutions 2 Go LLC, a California-based distributor of specialized video game products, said that it will invest $3.3 million to open a facility in Indianapolis, creating the jobs by 2016.
Indianapolis is losing manufacturing jobs at a steady, some would say alarming, rate. And the Circle City is not alone, as many metro areas face serious challenges in retaining and attracting manufacturers.
A company that converts minivans into wheelchair-accessible vehicles plans adding up to 70 jobs at its northern Indiana headquarters by shifting production from a Michigan factory.
