Local podcast platform startup Casted receives state tax credit, plans to grow staff
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.
Indiana Economic Development Corp.
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Pharmacy-automation software firm planning to hire 420 in Indiana
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.
Schellinger steps down as Holcomb’s secretary of commerce
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.”
Digital marketing firm plans 224 jobs in Indy, just months after acquiring local startup SmarterHQ
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.
Pilot project bringing autonomous shuttles to streets of Indianapolis, Fishers
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.
California-based SaaS firm plans to hire 150 workers for new Indy office
Celigo, which makes software that helps companies automate business functions and IT services, already employs 17 Hoosiers who work remotely.
Online clothier to create up to 980 jobs in Plainfield
The Indiana Economic Development Corp. has pledged $8 million in conditional tax credits to San Francisco-based Stitch Fix, based on its hiring plans.
AI-driven software startup plans 51 new jobs as part of expansion
Catipult.AI, which is now located at 55 Monument Circle, said it will invest $2.6 million to expand its operations, including a move to a larger but yet-to-be determined space.
Fast-growing startup to add 225 jobs, expand Carmel headquarters
Kinetic Advantage, which helps finance inventory for independent car dealers, launched last July, but has already grown to 65 employees and is operating in 26 markets.
IEDC reports 4th straight record year for job commitments
The state’s lead economic development agency announced Thursday that it secured 282 business relocation or expansion deals in 2020 that are expected to result as many as 31,300 new jobs.
Indy-based ag-tech firm plans to create 60 jobs by end of 2024
Founded in 2013, Advanced Agrilytics provides farmers with data and strategies on seeding rates, fertility applications and in-season crop management.
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.
Elanco HQ expected to anchor new development, park expansion on former GM site
Beyond the public company’s $100 million headquarters campus, city and state leaders expect 26 acres to be used for an expansion of White River State Park and new projects potentially with residential, retail and office uses.
Combined state, local incentives for Elanco total at least $150M
The total doesn’t include the value of the land the state will give to Elanco Animal Health for the project. Even so, the combined city and state package is possibly the largest amount of tax breaks ever considered for an economic development deal in Indiana.
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.
Indianapolis-based human resources business plans expansion
FullStack Inc. on Tuesday said it plans to add up to 21 employees by the end of 2024. The state offered the company tax incentives based on those hiring plans.
Ex-Purdue professor, wife get probation for research funds fraud
Qingyou Han, 62, and his wife, Lu Shao, 54, were ordered to pay a combined $1.6 million in restitution after pleading guilty to using more that $1 million in federal research funds for their own personal expenses.
Aptiv mum on $42M high-tech project in Hamilton County with 350 new jobs
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.
Ex-Cook Group execs to launch life sciences startup in Fishers
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.
Rahal Letterman Lanigan Racing plans $20M Zionsville HQ
The project will allow RLL to moves its its IndyCar operations in Brownsburg and its International Motor Sports Association operations in Hilliard, Ohio, to one 13-acre site in Zionsville’s Creekside Corporate Park.