Germany-based Evonik announced Thursday that it will expand its pharmaceutical production facility in Lafayette. The plant will build produce lipids for mRNA-based therapies in the United States.
However, the state’s labor force participation remains at 61.9%—a record low for at least the last 45 years if one doesn’t count its sudden fall to 60.8% and quick recovery in the first three months of the pandemic.
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.
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.
Network Connect LLC is hiring for positions in staffing, hiring, account management and business development.
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.
Atlanta-based Terminus Software Inc. entered the Indianapolis market in December 2019 with the acquisition of email-marketing software firm Sigstr.
As a result, the report argues, the state is not as well-positioned as it might be to rebound from economic downturns.
The Brookings Institution report, “Indiana GPS: Strategies for Resilience,” identifies job growth, wages and technology as areas for improvement in the state’s economy.
