Posey County backs bonds for $1.3B fertilizer plant
A southwestern Indiana county is issuing $1.3 billion in bonds for a fertilizer plant being developed by a Pakistan-based group after Gov. Mike Pence pulled state support.
Economic Development
Articles
Indy-based 3D printer lands incentives for expansion
3D Parts Manufacturing LLC plans to invest $6 million to lease and equip 25,000 square feet of operations space and hire 65 workers by 2018.
New Hostess owners want abatement for equipment
The new owners of Hostess Brands are seeking a tax abatement to support investment of $10 million in new equipment for a plant on the east side that could employ up to 145 people.
Japanese auto supplier adding 103 jobs in Columbus
Sunright America, a maker of nuts, bolts and specialty fasteners, plans to invest $35 million to build and equip two additional facilities on its 33-acre campus.
Greenwood sues over failed pharmaceutical facility
Greenwood Mayor Mark Myers says city officials had tried for months to help with talks with possible investors for Elona Biotechnologies, without any progress.
IDI’s Velocity project plumbs urban neighborhoods
The strategic planning project is holding a series of neighborhood roundtable meetings this month in hopes of having final recommendations for the future of downtown by the end of the year.
Bio-Response expanding in Hendricks County
Wastewater equipment maker is moving to a Danville business park to build a $1.1 million facility.
Manufacturer plans $30.2M expansion in Franklin
NSK Corp. and NSK Precision America Inc. said the project will allow them to hire 46 additional workers by 2016 at their 63-acre corporate campus.
IDI seeking input for strategy
Velocity, the downtown strategic planning project launched by Indianapolis Downtown Inc., is holding a series of neighborhood roundtable meetings in June to gather input about the future of downtown and surrounding neighborhoods.
Indiana county pushes ahead with fertilizer plant
The Pakistan-based developers of a fertilizer plant have won a southwestern Indiana county's initial approval for the project, weeks after the state pulled its support.
Miller Pipeline plans $5.3M expansion, more jobs
The Indianapolis-based subsidiary of Vectren Corp. plans to construct a 52,000-square-foot building at its 34-acre corporate campus at 8850 Crawfordsville Road.
IEDC rolling out $1M diversity investment fund
Fund managers will seek to invest in companies owned by minorities, women and veterans that have sustainable competitive advantages, scalable business models and the potential for meaningful job creation.
Former Indy Chamber prez scores consulting work
Scott Miller, who resigned from the chamber post after less than two years to follow his entrepreneurial bent, will help two local startups get off the ground.
INDOT memo strips information in public tug-of-war
By one stroke this year, Indiana lawmakers and the new governor vastly improved the public's ability to find out how the show is run at the Statehouse, while in another, top managers at the Indiana Department of Transportation quietly clamped down on what's available.
Mainstreet plans $9.2M nursing home on northwest side
The 65,000-square-foot nursing-home and assisted-living facility would feature an Internet cafe, movie theaters and restaurant-style dining with an on-site chef.
FedEx seeks to build $34M distribution hub at Ameriplex
FedEx is looking to nearly double the size of its SmartPost distribution operations on the city's southwest side by building a bigger hub at the Ameriplex Indianapolis business park.
Data-hosting firm Axia to add up to 45 jobs
The Indianapolis-based company will invest $2.8 million to expand its downtown headquarters and open a data center in Columbus, Ind.
Polaris plans $4.7 million laboratory expansion
Polaris Laboratories LLC, an Indianapolis-based company that analyzes oil, fuel and coolants, said it plans a $4.7 million local expansion that will add up to 25 employees by 2016.
Work stops on Greenwood pharmaceutical plant
Greenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the construction loan.
River protest set for proposed central Indiana reservoir
Organizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness of the amount of land that would disappear if the reservoir is built.