Develop Indy, Indianapolis’ economic development agency, made incentive deals involving 71 business relocation or expansion projects during the first 11-plus months of the year, officials announced Tuesday.
Indiana Grand expansion to create more than 100 jobs
The 25,000-square-foot expansion to the Shelbyville casino will provide space for more slot machines and additional gaming tables, plus upgrade its poker facilities.Read More
Entrepreneurship activity in Indiana is sluggish, Brookings report finds
As a result, the report argues, the state is not as well-positioned as it might be to rebound from economic downturns.Read More
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.Read More
Subaru to expand Lafayette plant, add up to 350 jobs
The automaker says it will invest $158 million to build a new service parts facility and add a transmission assembly shop. The 4.7-million-square-foot plant produces about 410,000 vehicles each year.Read More
After two disappointing months of hiring, a key question overhanging Friday’s U.S. jobs report for October will be whether companies found more success this time in filling millions of open positions.
Leaf Software Solutions Inc. said the revamp of the 18,000-square-foot space at 14300 Clay Terrace Blvd. will help it meet an increased demand for its custom software products and financial software services.
Brad Chambers said he believes a “reevaluation of what the marketplace is doing” by the Indiana Economic Development Corp. will be a good thing—and a natural move for any agency or company when it changes leadership.
Ludo Fact USA LLC announced plans Tuesday to boost operations in Lafayette, adding up to 114 workers by the end of 2024.
Bedding giant Tempur Sealy International Inc. announced Monday that it has chosen a 130-acre site about 50 miles from Indianapolis to construct what could become it largest plant.
Last month’s job growth was above April’s revised total of 278,000, the Labor Department said Friday, yet well short of employers’ need for labor. The unemployment rate fell to 5.8% from 6.1%.
The company, which stands to receive more than $6 million in state and local incentives, said it could expand its investment in central Indiana to $490 million and its hiring plans to 425 by 2025.
Logansport-based Steinberger Construction Inc. is investing $1.39 million to open an office in Lebanon, where it hopes to hire as many as 17 workers by the end of 2023.
The Home Depot plans to invest $1 million in the project and create 18 jobs by the end of the year, with those jobs paying a minimum wage of $13.41 per hour.
Now called Resultant, the firm said it plans to boost Indiana employment by 95 workers by the end of the year. It also said it would like to have offices in more than 10 cities and 1,000 employees by 2025.
The “state-of-the-art” distribution center in Hendricks County is expected to accelerate delivery times for Apple customers in Indiana and the rest of country.
A logistics company affiliated with online retailer Shein plans to open a distribution center in Whitestown that will employ up to 500 full-time workers, the city announced Wednesday night.
Atlanta-based Terminus Software Inc. entered the Indianapolis market in December 2019 with the acquisition of email-marketing software firm Sigstr.
The Brookings Institution report, “Indiana GPS: Strategies for Resilience,” identifies job growth, wages and technology as areas for improvement in the state’s economy.
It’s unclear what the announcement means for Greenleaf’s previously announced plans to build a $310 million plant in Shelbyville.
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.
The Indiana Economic Development Corp. offered NewCold more than $2.8 million in conditional tax credits based on the company’s plans to hire 202 workers by the end of 2023.
The 92,000-square-foot facility, which will handle last-mile delivery for bulky items like grills and patio furniture, is part of the retailer’s $1.7 billion investment in its distribution network.