The state’s lead economic development agency announced Monday that it secured nearly 300 development deals in 2019 that are expected to result in more than 27,000 new jobs.
IBJ Podcast: Deciphering 5G and the new Indiana 5G Zone
Host Mason King talks with Bill Soards, president of AT&T Indiana, and Sean Hendrix, who is the director of emerging technologies and partnerships for Purdue Research Foundation, about why 5G matters and how it could be used in the manufacturing, agricultural and other sectors.Read More
Selfless.ly Inc. announced plans Thursday to grow operations significantly over the next four years as it expands operations in downtown Indianapolis.
Nice-Pak Products, a manufacturer of wet wipes for consumers, health care, food service and other commercial markets, announced plans Wednesday to build a 760,000-square-foot production and warehousing facility in Mooresville, creating 90 jobs.
Seventeen of the state’s 23 tech parks have either hit or soon will hit the cap on the amount of tax revenue they can capture—and the people who run the sites say that puts all their progress at risk.
State lawmakers passed legislation during the 2019 session that allowed the Indiana Office of Tourism Development, which is under Lt. Gov. Suzanne Crouch and funded by the state budget, to become a quasi-governmental corporation as of July 1, 2020.
Sitel Group, one of the world’s largest call-center management companies, said it plans to spend $4 million to open a Midwest customer service hub in Fishers.
The fastest-growing company in the Indianapolis area is making plans for more growth throughout the state.
Anvl, which markets safety software to help reduce and prevent injuries for front-line workers in hazardous environments, was launched out of Indianapolis-based venture studio High Alpha in October.
GCI Slingers said it will add 10,000 square feet to its existing 20,000-square-foot facility at 5005 W. 106th St.
After nine years of managing the state’s investments in startups, the not-for-profit Elevate Ventures has had some wins, but more losses—as measured by the number of companies that paid back at least as much as they took in.
LHP Engineering Solutions, a minority-owned firm launched in 2001, targets the automotive, aerospace and medical industries.
Chuck has more than a decade of experience working in international economic development.
A software-as-a-service firm founded last year under the wing of Indianapolis-based venture studio High Alpha announced Tuesday that it plans to spend $1.4 million to establish a downtown headquarters.
Opus Packaging Group said it will invest $3 million to build and equip a 170,000-square-foot facility, its first location in Indiana.
State lawmakers last month passed a much-ballyhooed law that exempts sales taxes on equipment, infrastructure and electricity costs for sizable data centers constructed in Indiana.
Indiana’s short-listed proposal—submitted by Purdue University and state officials—was one of 136 received by the USDA last year from 35 states. Relocating the two research divisions to Indiana could bring 570 federal jobs.
The facility would process maize straw from as many as 150,000 acres of cornfields annually into a peat moss substitute for agriculture and foam products for material science uses.
The Atlanta-based company said the expansion would double its processing capacity and add 56 jobs over the next few years.
California Custom Fruits, whose products include fruit bases for yogurts, will erect a 65,000-square-foot plant in the Greenwood Park at 65 South industrial park.
BCforward is scheduled to announce the expansion Thursday morning during an economic development event at its offices at 9777 N. College Ave.