Layoffs loom as state moves on incentives to save other Carrier jobs
The IEDC approved a $7 million incentives package that requires Carrier to keep 1,069 jobs here, although the company is still sending hundreds of other jobs to Mexico.
The IEDC approved a $7 million incentives package that requires Carrier to keep 1,069 jobs here, although the company is still sending hundreds of other jobs to Mexico.
The deal brokered by President Donald Trump to stem job losses at a Carrier Corp. factory in Indianapolis is unusual for the state of Indiana because it doesn’t involve job creation.
The three longest-serving members of the Indiana Economic Development Corp.’s board of directors, including former Lt. Gov. John Mutz, have been replaced.
Founded in 2009, Spot Freight Inc. has been one of the area’s fastest-growing companies over the past several years.
The $22 million facility will open next year and will employ up to 100 people, the Indiana Economic Development Corp. says.
The manufacturer landed the local tax incentives in 2006, then closed its Indianapolis plant in 2015.
The company, which makes custom data-tracking software for its clients, plans to move into a bigger office space in the Stutz Business Center within the next six months.
NTN Corp. and state economic development officials announced Friday that NTN subsidiary NTK Precision Axle Corp. plans to break ground on the 300,000-square-foot facility this spring.
The governor is so pleased with the progress of the Regional Cities program implemented last year that he’s seeking more money from the Legislature to advance it.
Freedom Healthworks, which expects to serve 12 physician practices with 6,000 patients by the end of the year, is relocating from Nora to downtown and tripling its office space.
The architectural and interior design firm on Wednesday announced plans to double its office space in the Stutz Business Center.
Carmel-based Work Here LLC, whose mobile app uses GPS to connect job-seekers and employers, is entering 15 new metro areas after amassing 36,000 users in Indiana.
Arizona-based Levementum LLC is on track to receive state and local incentives to help fuel the expansion of its Indianapolis office.
Iconic Digital Marketing will accommodate the expansion by moving out of Launch Fishers into its own space in the city's Nickel Plate District.
The third-party logistics provider said it will invest $3.7 million to upgrade a 173,000-square-foot facility—creating additional pharmaceutical-grade storage capicity that will allow it to service a new contract.
The factory will be able to build 40,000 more Highlanders per year when the expansion is finished in the fall of 2019.
The Indianapolis-based trucking and logistics company, which is building a $28 million corporate campus in Hancock County, has been approved for almost $3 million in state economic incentives.
Green Circle Health's client services center will provide remote health care and coaching for customers across the country, focusing in part on improving the coordination of care for chronic diseases.
A revamped Indiana Economic Development Corp. pay structure awards its executives incentive pay if they meet certain performance metrics.
Interactive Intelligence in 2014 said it would add 430 Hoosier employees—plans it leveraged to hash out city and state tax incentive agreements. But it's local employment hasn't changed much since.