IEDC deal with Mainstreet put on hold by Pence
Gov. Mike Pence asked the Indiana Economic Development Corp. on Monday to review its decision to grant $345,000 in economic incentives to a company started by a top Republican lawmaker and his son.
Economic Development
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Duke rolls out new Indiana economic development plan
The state's largest power company says it's revamping its Indiana economic development program to improve opportunities for communities to attract jobs and capital investment.
City to buy key parcel for 16th Street tech corridor
The city of Indianapolis is poised to pay Citizens Energy Group $6.5 million to buy a key parcel of real estate it’s targeting as the centerpiece of its ambitious 16 Tech project.
Boone County development group names new leader
Bryan Brackemyre, who has been interim executive director of the Boone County Economic Development Corp. since his predecessor left for a position in state government early this year, got the full-time job effective April 1.
Lawmakers hope to woo gun manufacturers to Indiana
Two resolutions, including one that passed the House on Tuesday, aim to attract gun manufacturers to Indiana by touting the state’s tax climate and gun-rights laws.
Carbon Motors pulls equipment from Indiana plant
A company that had hoped to open a high-tech police car plant employing as many as 1,500 workers in eastern Indiana has cleared out its plant amid the resignation of a key official.
Pence touring agribusinesses
Governor, along with Lt. Gov. Ellspermann and ag director Gina Sheets, hopes to discuss potential for growth.
House sends governor IEDC transparency bill
The state House of Representatives sent Gov. Mike Pence a bill Tuesday that requires the Indiana Economic Development Corp. to make job-creation reports transparent to taxpayers and policy makers.
Celadon says new driver-training facility to create 500 jobs
The Indianapolis-based trucking firm first announced plans for the driver-education center in January, but has since expanded the project and employment projections while seeking state incentives.
Celadon, state plan major jobs announcement
Indianapolis-based trucking carrier Celadon Group Inc. and the state are set to make an announcement Tuesday morning “regarding hundreds of new jobs.” A source familiar with the deal said the announcement involves a previously announced driver education center.
Mission change for Atterbury may mean new jobs
An Indiana military institution that has been a training site for thousands of deploying troops is getting a new name and a new peacetime mission. Officials say changes could someday lead to hundreds of computer-training jobs.
Worker training bill gathers steam in Statehouse
A Senate committee unanimously passed legislation that’s meant to bolster the state’s economy with a new council charged with aligning work-force training efforts. House Bill 1002 – which already passed the House – now moves to the full Senate for consideration.
Cummins, MainSource throwing weight behind new running event
With new running races crowding the landscape, some fear the market has become saturated. This fall, a new marathon in Columbus will do battle with two established events in Indianapolis.
Indianapolis chamber absorbs World Trade Club
The 46-year-old World Trade Club of Indiana is becoming part of the Indy Chamber—a move organizers hope will give the not-for-profit additional firepower as it works to educate, connect and grow Hoosier businesses in the international marketplace.
Madison County considers new reservoir on White River
Economic development officials are proposing a $300 million reservoir on the White River about 50 miles northeast of Indianapolis that would be a catalyst for new investments and jobs and would include marinas, boat docks and restaurants.
Head of Indiana business agency gets ethics advice
The State Ethics Commission has advised Indiana's top business-recruitment official to separate himself from any decisions related to tax credits that could benefit a company he co-owns.
Meat distributor plans plant, 80 jobs in Hancock County
Chicago-based Peer Foods Group Inc., a meat producer and distributor, said Wednesday that it plans to create 80 jobs by 2014 as part of a $5.5 million expansion into Hancock County.
Medical device maker moving to Noblesville, adding jobs
Fishers-based Nexxt Spine LLC, a manufacturer of spinal implants, is consolidating operations and moving its headquarters and manufacturing facility to Noblesville.
Indianapolis software firm plans to add 95 jobs by 2016
Tinderbox said it is boosting its work force as part of a $540,000 expansion of its cloud-based IT business.
North-central Indiana counties form development group
The organization will focus on combining the counties’ local matching funds to attract federal money.