Stevanato Group, a producer of syringes, vials and glass containers, announced Wednesday it will spend $145 million to build and equip a 370,000-square-foot facility in Fishers.
Innovatemap in midst of growth spurt, planning 15 hires and nearly $1M investment in HQ
The Indianapolis-based digital product agency plans to upgrade its Broad Ripple headquarters while enabling a hybrid model of in-person and remote collaboration.Read More
Toyota hiring 1,400, investing $803M to expand production at Indiana plant
Production of two new electric vehicles—one branded Toyota and the other in the Lexus line—is expected to begin in mid- to late 2023 at the plant in Princeton.Read More
Dinner at Governor’s Residence, $25M land purchase helped snag Elanco HQ
The state’s pitch to keep Elanco Animal Health Inc. in Indiana for the long term began with a dinner at the Governor’s Residence two years ago.Read More
Elanco to build $100 million HQ campus at former GM site downtown
The state has offered at least $86 million in tax incentives, plus land for the project.Read More
Brad Chambers said he believes a “reevaluation of what the marketplace is doing” by the Indiana Economic Development Corp. will be a good thing—and a natural move for any agency or company when it changes leadership.
ITS Logistics LLC announced Tuesday that it plans to invest $11.8 million to establish its first Midwest location, in Whitestown.
Brad Chambers, who founded Indianapolis-based powerhouse development firm Buckingham Cos. in 1984, will take his new position July 6. He’ll succeed Jim Schellinger, who stepped down abruptly in March after 5-1/2 years on the job.
G&H Wire Company Inc. announced Friday that it plans to invest $3.3 million to lease and equip 55,000 square feet of new corporate office and manufacturing space in Franklin.
The company, which stands to receive more than $6 million in state and local incentives, said it could expand its investment in central Indiana to $490 million and its hiring plans to 425 by 2025.
Foxconn originally proposed a 20 million-square-foot manufacturing campus that would have been the largest investment in U.S. history for a new location by a foreign-based company, but those plans have been downsized significantly.
As Gov. Eric Holcomb looks to fill the shoes of departing Secretary of Commerce Jim Schellinger, he can forge a path for the Indiana Economic Development Corp. that focuses on fostering an entrepreneurial ecosystem that makes Indiana the best place to start a business in America.
There are strategic elements in place today, including a 5G lab in downtown Indianapolis and the Indy Autonomous Challenge scheduled at Indianapolis Motor Speedway this year.
The recruiting technology company, which entered the local market with a single-employee office in 2014, began growing its Indianapolis operations after acquiring Canvas Talent Inc. in early 2019.
Casted plans to invest $425,000 and hire 62 more workers, which led the Indiana Economic Development Corp. to offer it up to $1.2 million in tax credits.
The New York-based firm plans to lease 10,655 square feet on the 15th floor of the 8888 Keystone Crossing office building in Indianapolis for its local operations.
In a memo to the Indiana Economic Development Corp. board of directors, Schellinger said he is leaving state government “with the deepest sense of gratitude and joyful satisfaction in my heart.”
Wunderkind Corp., a digital marketing company that was known as BounceX until last year, said it would co-locate its operations with SmarterHQ, which continues to maintain its own branding, at 9102 N. Meridian St.
A six-month public shuttle service will launch in Indianapolis in May and in Fishers in November. The project is backed by the Toyota Mobility Foundation and numerous other public and private partners.
Celigo, which makes software that helps companies automate business functions and IT services, already employs 17 Hoosiers who work remotely.
The Indiana Economic Development Corp. has pledged $8 million in conditional tax credits to San Francisco-based Stitch Fix, based on its hiring plans.