Indianapolis logistics firm Backhaul Direct LLC will invest $1.7 million to grow its downtown operation, adding nearly 325 jobs over the next four years. State officials announced the expansion plans Thursday morning.
Current Publications is exhibiting growth seldom seen in the newspaper industry these days. Four years after launching, the company is preparing to debut its fourth weekly newspaper in Hamilton County on Jan. 25.
Ivy Tech Community College is planning to take over a Kokomo event center and possibly use the site for future expansion of its neighboring campus.
Locally based KECO Engineered Coatings Inc. has acquired a second location in Indianapolis where it plans to invest $1 million and hire 50 employees by 2013, the company announced Thursday morning.
A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.
The division of Dow Chemical has a 15-year lease with Indianapolis-based developer Browning Investments on the two-story building near West 96th Street.
The tax abatement is tied to an expansion in which the company plans to invest $18 million in its Indianapolis operations and add as many as 95 jobs in the next three years.
Multimatic Inc. plans to expand its northeast Indiana production operation, adding new assembly lines as it aims to create over 200 jobs by 2013—more than tripling employment there.
Nexus Valve Inc. plans to invest $2.3 million to expand its headquarters and distribution operations, adding up to 21 jobs by 2015.
Fishers-based Clarke Engineering Services plans to invest $2.1 million to expand its headquarters operation, creating as many as 29 jobs by 2012. The 13-year-old firm said it will begin hiring immediately.
Caterpillar Reman Powertrain is requesting the tax break to offset costs related to a $13.6 million investment the company says will help retain 338 factory jobs.
Fusion Alliance made a similar agreement to receive state and local incentives in 2008, but the jobs failed to materialize.
After a great first few months in Bloomington, Campus Candy’s co-owners hope to replicate that success, rolling out a plan
that calls for opening 50 college-town stores
across the country in the next 18 months and a total of 125 within five years.
SynCare LLC’s expansion hinges on city approval of property tax abatement. The Metropolitan Development Commission is set
to vote on the request Wednesday.
Arcadia Resources Inc. is planning a $3.9 million expansion of its Indianapolis headquarters and pharmacy operations, the
company said Thursday morning, confirming that it plans to add as many as 930 jobs by 2013.
Fishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many
as 49 new jobs by 2013.
Multimedia products maker World Media Group Inc. will invest more than $2 million to expand its manufacturing operations on
the east side of Indianapolis, increasing its workforce by 20 percent.
Illinois-based medical waste disposal firm Stericycle Inc. will expand its Indianapolis operations, creating as many as 109
jobs by 2011, the Indiana Economic Development Corp. announced Wednesday.
At 49th and Pennsylvania, Café Patachou seeks to expand, open a new pizzeria, and use much of the public sidewalk
for proposed outside seating.
Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.
