A private-equity investment announced in January is driving growth at Modular Devices Acquisition LLC, which manufactures and leases mobile and modular medical labs and cleanrooms.
Despite recession fears, Holcomb remains ‘bullish’ on Indiana economy
While many economists are sounding the alarm on a possible economic slowdown next year, Gov. Eric Holcomb says Indiana is well-positioned to take advantage of a “manufacturing renaissance” in the United States.Read More
Holcomb to attend United Nations climate summit in Egypt
Gov. Eric Holcomb and other state officials plan to join global leaders next week at the United Nations Climate Change Conference in Egypt, marking the first time an Indiana governor has attended the summit.Read More
State-led coalition vying for federal funds to create a hydrogen hub
The Indiana Economic Development Corp., along with public and private partners, is hoping for a piece of $7 billion in grants to establish northwestern Indiana as one of a handful of hydrogen hubs nationwide.Read More
Wabash River could be solution to Boone County’s development needs
To meet the water demands of an innovation district planned for just north of Lebanon, state officials are exploring the idea of tapping into the Wabash aquifer in Tippecanoe County.Read More
The IU SciTech corridor will begin at the corner of Michigan and West streets, one of the main entrances to the downtown campus and house both IU and Purdue programs, President Pamela Whitten told the university’s board Friday.
The Indiana Economic Development Corp. and 43 Boone County landowners are asking the city of Lebanon to annex the land for a massive research and innovation park.
The Indiana Economic Development Corp. says the WestGate One campus in Odon will accelerate the re-shoring of semiconductor research and manufacturing in the U.S.
A $300,000 investment from the Indiana Economic Development Corp. will cover half the cost of wages and program fees for small startups who want to participate in TechPoint’s Xtern summer internship program.
Gov. Eric Holcomb led a delegation to Germany and Switzerland this week with the goal of bringing jobs and future investment to Indiana.
The New Albany company currently employs about 35 people and is hiring for software engineers, implementation managers, business development leaders, marketing experts and other positions.
The software company Unbox says it plans to establish its U.S. headquarters in Indianapolis as well as a software development, research and testing hub in West Lafayette. The company said it hopes to have up to 380 Indiana employees within the next few years.
Ian Nicolini, who has served as Indy Chamber’s chief operating officer since October 2020, is leaving his position to join a commercial real estate developer working to recruit businesses to a high-tech research district planned in Boone County.
But like any good businessperson, our eyes must be on the horizon, scanning for risks that could endanger Indiana’s future growth.
On average, recipients of the state’s Manufacturing Readiness Grants added five new jobs as a result of the technology investments.
Gov. Eric Holcomb’s visit will tout the Hoosier state as a key place for Asian companies to invest and manufacture computer chips and electric vehicle batteries.
The proposed $1.8 billion semiconductor facility at Purdue University isn’t as flashy as chip-related announcements in other states, but it might be the IEDC’s most significant step so far in reviving the state’s once-booming electronics industry.
The effort involves manufacturers around the state capturing data about their energy use, then sharing that information to create a “data lake” which businesses and researchers can access.
Elevate Ventures’ annual pitch competition takes place Aug. 5 in Fishers, and this year for the first time the event is free and open to the public.
A campaign launched last week by a Windsor, Ontario-based economic development organization is targeting small- to medium-sized tech companies in Indiana and three other midwestern states. The goal is to get them to expand or relocate into Windsor.
InoBat Auto, a Slovakian company that launched in 2019, said Thursday that it plans to open battery R&D and production sites in Indiana, in partnership with New York City-based Ideanomics Inc.
The IEDC has contributed $3.4 million toward creating the Indy Innovation Challenge, to encompass both the Indy Autonomous Challenge and potential future competitions focused on performance automation technology.
Founded in 2018 as Parcel Optimization Technologies LLC, ShipSigma said the new jobs will offer an average wage of nearly $42 per hour.
UKG, which offers an online platform for human-resources tasks like payroll and scheduling, expects to increase employment in Indianapolis to more than 500.