Turkey processor to hire up to 600 for new Vincennes plant
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
Indiana Economic Development Corp.
Articles
Illinois Senate considering CME Group tax breaks
The Senate has approved similar legislation in the past, so the latest version is likely to get the chamber’s stamp of approval. Indianapolis and, likely, Carmel have been trying to lure the company to Indiana.
State economic development group backs right-to-work
The agency in charge of attracting business expansions to Indiana unanimously passed a resolution to support a right-to-work law, arguing that the state is automatically eliminated from many economic deals because it lacks such legislation.
City calls off Haverstick, Redcats tax incentives
Two Indianapolis companies that received tax-abatement agreements from the city in 2007 have had the incentives canceled for failing to meet investment and employment goals.
Military contractor plans new Indiana headquarters
Sellersburg-based Rivera Consulting Group Inc. announced Monday that would build a new facility in Clarksville and expects to add up to 85 jobs over the next three years.
Logistics company plans 315 jobs in North Vernon
Exegistics, a Wheeling, Ill.-based logistics service provider, said Monday it plans to spend about $9 million to build a rail-sided distribution facility in North Vernon, creating up to 315 jobs by the end of 2014.
Auto supplier plans to add 100 jobs in Logansport
Federal-Mogul Corp. said it will add the jobs next year as part of a $2.7 million expansion to purchase new machinery and equipment for its 170,000-square-foot manufacturing plant and 15,000-square-foot technical center.
New Indiana commerce chief focuses on small companies
The new head of the Indiana Economic Development Corp. says the agency is turning its focus to smaller companies and getting them to relocate to the state so they can build their roots.
Turkish manufacturer selects Muncie for U.S. headquarters
Kermit USA, a manufacturer and distributor of resin-composite roofing systems, plans to add 70 jobs by 2016 as part of a $12.5 million expansion in the Delaware County city.
Unproven entrepreneur promises 1,100 local jobs
A West Hollywood businessman hopes to build hundreds of trucks outfitted with giant video screens. The product is unproven and so is Bob Yanagihara, the ambitious 50-year-old behind it.
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.
Software firm plans to open downtown office, add 250 jobs
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.
Manufacturer to beef up Frankfort operations, adding 160 jobs
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.
Printing manufacturer to expand in Tipton, create 35 jobs
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 drawing more people, businesses across state lines
Indiana saw more people move to the state than leave between 2005 and 2009 despite a decreased mobility nationwide attributed to the recession.
Furniture manufacturer plans expansion, 120 more jobs
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.
Auto parts maker plans to add 100 jobs in Columbus
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.
Kodak official: Company keeping R&D center in Ohio
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.
Steering parts manufacturer plans local expansion
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.
Indiana trade delegation leaves for Japan after delay
An Indiana trade delegation led by Lt. Gov. Becky Skillman is on its way to Japan after being delayed by a typhoon.