Fishers firm to help push injectables to market faster
A startup that’s planning to launch a $60 million drug-manufacturing plant sees big growth in contract manufacturing.
A startup that’s planning to launch a $60 million drug-manufacturing plant sees big growth in contract manufacturing.
State economic development officials have pledged more than $8 million in tax credits if Aptiv can meet its hiring goals, but neither they nor the firm will share other details about the project.
The Fishers City Council on Monday approved two economic development deals that are expected to lead to a combined $96 million in investment.
The highly rated restaurant, which opened in a century-old barn more than six years ago, plans to close for good on Nov. 1.
Republican state lawmakers seeking reelection in the northern suburbs are campaigning significantly more this year than in previous elections.
The new company, contract drug developer INCog Biopharma, plans to build a $60 million facility and hire up to 150 workers by the end of 2024.
Special legislation passed in 2019 that caps Carmel’s income tax revenue growth at 2.5% per year for three years, with any excess transferred to Fishers, was triggered in the first year it could apply.
The company is slowing its rollout of ambitious commercial projects while turning to residential development as a way to support those signature endeavors.
Project Process currently has just one employee, but the company is planning to grow production of its portable hand washing stations for bed-ridden hospital patients.
GadellNet Consulting Services, which opened a Carmel office in 2015, plans to boost local employment by about 85 workers over the next five years.
The Westfield City Council approved issuing a $5 million general obligation bond for a new roundabout, new police vehicles, a fire truck, public safety equipment and early-stage investments in a roundabout and two road reconstruction projects.
Even though rezoning for the proposed 290-home Grantham neighborhood on the east side of Fishers was denied this week, a new version of the project might be built anyway, the developer said.
Republican Sen. Jim Merritt, who has represented Senate District 31 for three decades, announced earlier this month that he plans to resign Nov. 4. He has two years left on his term.
Fishers City Council members weren’t immediately convinced by the large number of proposed rental units in the plan and the developers’ request for $6.1 million in tax increment financing, so a majority voted to reconsider the proposal in 30 days.
The city intentionally took down its website Friday morning after an apparent hack, according to a city spokesman.
Five-year-old Howl and Hide is preparing to open a second location, a pop-up shop at Clay Terrace in Carmel.
Indianapolis-based Cityscape Residential’s plans to ask the city for an $8 million TIF bond to help support its 287-unit luxury apartment complex. The project is also slated to feature a potential three-story, 30,000-square-foot office building.
Residential builders Drees Homes and Epcon Communities presented plans to the Westfield City Council on Monday for three different developments in the city.
KAR Global plans to expand upon the online automotive auction services it provides through TradeRev by acquiring BacklotCars’ longer-term online auctions, which allow dealers to bid on cars over the course of several days.
Indianapolis-based Cityscape Residential LLC is working with Noblesville to develop an apartment and office complex on the west side of the White River, along River Road and State Road 32.