Clawbacks proposed for companies that flee Indiana
An amendment would create a new financial penalty for companies that leave Indiana to move to foreign countries after they receive state tax breaks.
Headquarters Relocations
Articles
City to face another hard-to-fill shuttered factory
The only memories of thousands of long-gone manufacturing jobs are the giant, vacant factories left behind when companies bolt—after consolidation, restructuring or in search of cheaper labor.
Fishers OKs incentives, property sale for Braden HQ
The Fishers City Council approved selling a downtown parcel to Braden Business Systems Inc. for $5 in addition to nearly $1 million in incentives Monday night.
Stanley lands $2.1M in incentives from Fishers
The company, which makes security devices and systems, plans to construct a three-story, $15.9 million headquarters in Fishers Point Business Park on the corner of Kincaid and Sunlight drives.
Financial services firm plans $33M HQ, 600 jobs in Carmel
Allied Solutions LLC, a Carmel-based firm that serves the financial sector, is planning construction of a five-story building in the Midtown area, more than doubling the size of its existing headquarters.
State announces 650 new job commitments at 17 companies
The Indiana Economic Development Corp. said Thursday morning that it has reached job-creation incentive deals with 17 companies across the state, including 14 businesses in Indianapolis.
Cummins’ $30M divisional HQ will make statement
The building under construction on the former Market Square Arena site will be modern, with a calibrated glass facade and abundant green space.
UPDATE: Tech firm moving HQ from San Francisco to Indy
Technology consulting firm Appirio Inc. plans to move its corporate headquarters from San Francisco to Indianapolis and boost its local employment by more than 425 workers over the next five years, the company announced Friday.
Illinois well services company moving offices to Indiana
Franklin Well Services executives said the company will have about 90 people working at its new headquarters in Vincennes. It is already moving employees and equipment from its current office in Lawrenceville, Illinois.
Noblesville OKs $3.7M in incentives for BlueSky
Noblesville Common Council approved spending up to $3.7 million to persuade an e-commerce consulting firm to build a new headquarters near downtown Tuesday night.
Software firm Bloomerang snags free land for HQ move
The donor-management software firm says it plans to spend at least $8 million building a headquarters complex at Fort Harrison, part of an attractive deal that involves free public land and a roughly $300,000 grant.
Local environmental firm planning expansion
Locally based Environmental Forensic Investigations Inc. plans to move into a larger headquarters near downtown, doubling its employment to 84 over the next five years.
Brevini pays $375K to Delaware County for unmet jobs
An Italian wind turbine maker is expected to pay a central Indiana county $375,000 for failing to meet a goal of hiring 200 workers by the end of 2014.
New York manufacturer targets city for HQ move
Opflex Technologies LLC, a manufacturer of specialty foam products, is in discussions with city officials to move its headquarters from St. Johnsville, New York, to the northeast side of Indianapolis.
Local tech firm Blue Pillar moving headquarters to East Coast
Blue Pillar, which just landed nearly $14 million in equity funding, agreed to move its headquarters from Indianapolis to Maryland after getting $500,000 from a state-sponsored venture capital fund.
Greenwood manufacturer plans expansion, move to Indy
A Greenwood firm that manufactures wireless monitoring and control devices plans to move operations into an abandoned plant on the south side of downtown Indianapolis, allowing it to expand and add 25 workers before the end of the decade.
Springleaf to move HQ out of state after $4B acquisition
Springleaf Holdings Inc.,a consumer lender that went public in 2013, plans to move its headquarters from Indiana to Connecticut after buying subprime lender OneMain Financial for $4.25 billion in cash.
Stairmaker moving to Indiana with 180 jobs
American Stair Corp. plans to invest $2.9 million to purchase, renovate and equip a 60,000-square-foot plant. State officials are offering $1.7 million in tax incentives.
Sixteen firms promise Indiana expansions, 2,100-plus jobs
Nine of the 16 firms who announced their plans with state officials Thursday expect to boost operations and employment in the Indianapolis area, forecasting 933 jobs.
Wellness provider beefing up new Carmel office
A year after announcing plans to move its headquarters from San Diego to Carmel, wellness provider American Specialty Health has about 170 employees working in central Indiana—including 60 who relocated from other offices. It plans to hire another 30 this year and up to 250 in 2015.