Indiana making hay from Illinois’ tax mayhem
Many Illinois firms are serious about moving or expanding out of state—and Indiana economic development officials are racing to capitalize.
Many Illinois firms are serious about moving or expanding out of state—and Indiana economic development officials are racing to capitalize.
Massachusetts-based Kronos Inc., a work force management software firm, plans to create 250 jobs by 2015 as part of a $5.1 million expansion to Indianapolis. The company will occupy 31,000 square feet in downtown’s PNC Center.
LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.
Bottcher America Corp. will invest $2.1 million to purchase new gear and create a 30,000-square-foot addition to its current facilities.
Indiana saw more people move to the state than leave between 2005 and 2009 despite a decreased mobility nationwide attributed to the recession.
Goshen-based Wieland Designs Inc. said it will add the jobs by 2015 as part of a $1 million investment to improve existing facilities and purchase specialized machinery to enhance production.
Sunright America Inc., a Japanese manufacturer of automotive fasteners, plans to nearly double its current space in Columbus and add the 100 jobs by 2014.
Eastman Kodak Co. reportedly looked at relocating a 500-person research-and-development center to Indiana, but will instead stay put in Ohio, according to a company official.
Bishop Steering Technology Inc., an Indianapolis company specializing in designing rack-and-pinion steering gear, plans to expand, creating 25 additional jobs by 2014, the Indiana Economic Development Corp. said Friday.
An Indiana trade delegation led by Lt. Gov. Becky Skillman is on its way to Japan after being delayed by a typhoon.
Michigan-based CTA Acoustics Inc. plans to add 140 jobs by 2014 as part of a $9 million plan to open a plant in the town of Orland in northeastern Indiana.
A trade mission by Indiana government and business leaders to Japan is being delayed because of a typhoon expected to hit the island nation.
For the first time, cities and counties in Indiana can use local income-tax revenue to offer companies cash rebates for new jobs that go to local workers.
Project Lead the Way Inc., a New York-based provider of education curricular programs for middle and high schools, will move its headquarters to Indianapolis and plans to add 44 jobs by 2014.
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
Progress Rail Services, which said last October that it would create up to 650 jobs in Muncie by 2012, now expects to employ just 250 people at the plant by the end of next year, according to a magazine.
Howe-based Cruiser RV LLC will begin hiring this month as part of an $850,000 expansion to add a new production line in nearby LaGrange.
The state’s Secretary of Commerce is stepping down to lead WoundVision LLC, an Indianapolis-based health care technology firm.
The Indiana Aerospace and Defense Council brings together industry leaders to begin creating a plan to grow the sector. IEDC and Conexus say Hoosier defense contractors have created 1,800 jobs in the past two years.
Sullair Corp., which makes air compressors and other air tools, says it will expand its headquarters in northern Indiana and expects to add up to 113 jobs in the next few years.