Ohio logistics company adding 25 Indy jobs
An Ohio-based trucking logistics company plans to expand its operations in Indianapolis and add up to 25 jobs this year, primarily in sales.
Job Creation
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Indiana Senate OKs business agency disclosure bill
Senators voted 49-1 Tuesday in favor of requiring the Indiana Economic Development Corp. to prepare an annual public report on tax incentives provided to businesses and the number of jobs created by their projects.
City mulls creation of ‘high tech district’ for ExactTarget
ExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees to designate several parcels tied to the Indianapolis-based company as a "high technology district."
Federal budget cuts would hit military, education in Indiana
The White House has tallied the impact of automatic cuts to the federal budget set to take effect this week. Indiana will lose at least $100 million in support for the military, education, child care, seniors and services for other populations.
Greensburg auto-parts plant plans expansion, 200-plus hires
Automotive supplier Valeo expects to invest $15.5 million in new machinery for its Greensburg facility as part of its plans to expand operations in the plant and bring more than 200 workers onto the company payroll by 2014.
Struggling Greenwood biotech firm finds buyer
Elona Biotechnologies Inc., which has been struggling to repay Greenwood for more than $8 million in economic development incentives, says it has solution to its financial problems.
Local tool supplier plans to expand, add 20 jobs
Indianapolis-based Hahn Systems LLC said it will add 20 jobs by 2016 as part of a $900,000 expansion that includes purchasing and equipping a 27,000-square-foot facility.
Renamed Carmel financing firm planning big growth
Dealer Services Corp. in Carmel has begun operating as NextGear Capital after being acquired by Atlanta-based Manheim Inc. NextGear plans to relocate in the next month and double its employment, to 450, in the next year.
Division of Carmel firm plans 300 jobs in Fort Wayne
Accelerated Tanks and Trailers, a division of a Carmel-based company, plans to open a Fort Wayne manufacturing plant that could bring about 300 new jobs to northeast Indiana by 2016.
Life sciences consultancy plans to expand, add 38 jobs
Indianapolis-based Pearl Pathways, founded by two former Eli Lilly employees, plans to move into new space in March and add the jobs by 2016.
Carmel tech consultant plans expansion, 36 jobs
Allegient LLC said it will add the jobs by 2017 and expand its Carmel headquarters by 4,000 square feet.
Bill to make IEDC more transparent moves to full senate
The Indiana Senate Tax and Fiscal Policy Committee unanimously passed legislation Tuesday meant to makes the state’s job-creation efforts more open to the general public.
Greenwood seeks funds back from drugmaker with big plans
Greenwood-based Elona Biotechnologies Inc., which has been trying to bring a generic version of insulin to market, was declared in default on $8.4 million in incentives from the city of Greenwood.
Shape of ‘jobs budget’ depends on the state
The proposals of Indiana Gov. Mike Pence and Maryland Gov. Martin O’Malley epitomize the reality of the Red State and Blue State philosophy of just what a ‘jobs budget’ looks like.
Celadon receives incentives for $5.2M driving training center
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of its latest expansion at its east-side corporate campus.
Sun King brewery lands tax breaks for expansion
The downtown brewery plans to spend $2.1 million on additional equipment and add 20 jobs by 2016 in exchange for a tax abatement from the city.
U.S. unemployment rate remains at 7.8 percent
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
Michigan’s right-to-work law could change Indiana’s economic development pitch
As the controversial provision spreads to other states in the region, Indiana is likely to give more weight to its other selling points.
State’s unemployment rate holds steady at 8 percent
Indiana shed 9,800 private-sector jobs in November, mainly due to losses in the construction industry, according to state officials.
Chrysler plans 400 more jobs, $212M expansion in Kokomo
Chrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that could add more than 400 jobs.