Study: Indiana tax code discourages small businesses
A new study of Indiana's business tax structure suggests the state's tax code discourages the small, home-grown businesses often considered the engines of job creation.
A new study of Indiana's business tax structure suggests the state's tax code discourages the small, home-grown businesses often considered the engines of job creation.
Faeza Alloyers USA, a metal alloys manufacturer and fabricator, said it will invest nearly $7.6 million to construct and equip a 36,000-square-foot facility in Shelbyville, its first in the United States for the Mexico-based company.
An Ohio-based food manufacturer announced Monday morning that it plans to spend $28.5 million to expand a vacant food plant in eastern Indiana, creating up to 400 jobs by 2016. The plant was formerly used by Really Cool Foods.
Guidon Inc. said it will add the jobs by 2016 as part of a $545,000 expansion that includes upgrades to its facility at 2453 N. Delaware St. in Indianapolis.
Cicero, Ill.-based Royal Box Group LLC said it plans to add 32 employees by 2017 and spend $3.8 million to build and equip a new plant in Greenfield.
San Francisco-based cloud-computing service provider Appirio Inc. said it will spend $2 million to open an office in downtown Indianapolis’ Pan Am building, where it will employ 300 by 2015.
The provider of information technology services said it will lease, equip and renovate part of a 100,000-square-foot facility on the city’s northwest side as part of the $1.4 million expansion. Bell has about 450 employees in the metropolitan area.
Lippert Components Manufacturing Inc. and Kinro Manufacturing Inc., divisions of White Plains, N.Y.-based Drew Industries Inc., said they will bring the jobs to Elkhart and Goshen by 2015 as part of a $3.7 million expansion.
CIK Enterprises LLC, a marketing software and services firm, plans to add the jobs by 2016. The company will continue to lease a 30,000-square-foot facility on the city’s west side.
A group of 20 advisers to Chinese businesses looking to expand in the United States plan to visit several Indiana sites starting Wednesday.
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by 2016, economic development officials announced Tuesday morning.
California-based manufacturer DrillingWorld plans to expand its operations in Shelbyville, adding as many as 30 jobs by 2015.
A German company that makes passenger seats for buses and trains plans to start its first U.S. manufacturing facility in northern Indiana, creating up to 62 jobs.
Kokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where it makes specialty metal plates and sheets for the aerospace and other industries.
Mooresville-based Equipment Technologies, which makes self-propelled sprayers for agriculture, says it plans to hire 56 new people by 2015 as part of an expansion.
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
Officials expect a plastic packaging manufacturer to start production this summer at a former central Indiana auto-parts factory that closed six years ago.
A Fort Wayne-based retailer of music and sound equipment said Friday that it plans an expansion that would roughly double the size of its headquarters campus and create more than 300 jobs by 2016.
The oil refiner, which currently has 75 full-time Indiana employees, has begun hiring management, accounting, sales, human resources and information technology workers.
Subaru already employs 3,600 at its Lafayette facility, with 600 workers added in the past three years. The expansion will ramp up production from nearly 171,000 cars a year to at least 180,000.