Amazon near deals with New York, Virginia for split HQ2, newspaper says
Amazon.com Inc. will separate its proposed second headquarters into two locations, and is close to deals with both sites, The New York Times reported Monday.
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Packaging manufacturer plans $106 million plant in Lebanon
A British company with packaging plants around the world plans to build a 550,000-square-foot manufacturing facility just southwest of Interstate 65 that will employ 140.
Three small manufacturers to add more than 100 jobs in central Indiana
Companies that brew tea drinks, pop-up campers and jewelry in central Indiana are among 22 manufactures that announced plans Friday to locate or expand their operations in the state.
Swiss security-products maker plans 165 jobs at north-side operations
Dormakaba Group plans to nearly double the size of its manufacturing operations on the north side of Indianapolis in an expansion that’s expected to retain hundreds of jobs in Indianapolis.
Online retailer Sweetwater plans 1,009 jobs in $76M Indiana expansion
Online music instrument and audio gear retailer Sweetwater Sound Inc. said the expansion project will include construction of a 350,000-square-foot warehouse and a 35,000-square-foot conference center.
Italian filter maker to establish operations in central Indiana
The office of Indiana Gov. Eric Holcomb announced the plans Thursday in Milan during the governor's three-day economic development trip to Italy.
Illinois company plans $26M Indiana plant, 580 jobs
Elk Grove, Illinois-based Wynright Corp. announced plans Tuesday for the 320,000-square-foot plant on 44 acres that will make material handling systems for the logistics industry.
Posh Intercontinental Hotel part of $141M redevelopment plan for two downtown buildings
Keystone Realty Group is in line to receive financing help from the city for an ambitious plan that would overhaul two nearly vacant office properties near Monument Circle and bring a prestigious Intercontinental Hotel to Indianapolis.
Amazon facing growing backlash for seeking big tax breaks in exchange for HQ2
As the world’s second-most-valuable public company weighs tax breaks and other goodies offered by 20 eager suitors, it stands accused of being a corporate welfare leech that should be giving the government and workers more rather than milking taxpayers.
Company eyes Greenwood for $80M regional center, 1,250 jobs
The company plans to construct a 615,440-square-foot fulfillment center on a 75-acre site that FedEx Corp. once earmarked for a massive distribution facility.
Salesforce proposing massive expansion in Chicago, 5,000 jobs
Software giant Salesforce.com Inc., which in 2016 announced big plans to expand its operations in Indianapolis, appears to have even bigger plans for Chicago.
U.S. employers add 157,000 jobs; jobless rate ticks down
The slip in hiring last month may be temporary. Consumers are spending freely and businesses are stepping up their investment in buildings and equipment, accelerating growth.
Frito-Lay plans $159M snack-food expansion in Indiana
The nation’s largest snack food company is adding two production lines and about 50 employees to its already-sizable operations about 45 miles northwest of Indianapolis.
Hotel operator sues airport authority, Infosys over lease termination
A Detroit-based hotel operator alleges the authority and the tech company colluded to wrongfully terminate its lease at a 257-room hotel at the airport to make room for Infosys’ high-profile innovation hub development.
Financial firm moves HQ to Indianapolis, plans to add 225 employees
A national credit-reporting and mortgage-data company founded in San Diego plans to spend nearly $3.6 million to establish its headquarters and operations center downtown in the Landmark Center.
IBJ PODCAST: Cafe helps catalyze revival on Washington Street, reclaim lives
Maria Bertram had a great career as an engineer for Eli Lilly and Co., so why did she chuck it to open a little cafe in a distressed neighborhood?
Industrial-automation firm to open Whitestown warehouse, hire hundreds
A Fortune 500 company will invest $16.4 million in Boone County as it shutters warehouses in Illinois and Tennessee and consolidates those functions here.
Custom parts maker buying Park 100 building, adding employees
The four-year-old company that specializes in motorsports, defense and consumer products is moving from Pittsboro.
Distilling company plans $66M bottling plant in Indiana
The project from Louisiana-based Sazerac Co. is expected to create up to 110 jobs by 2021.
Electric car maker targets Indiana for $160M plant, 467 jobs
SF Motors Inc., a Silicon Valley-based electric vehicle developer and manufacturer, said it could hire as many as 200 workers at the Indiana plant by the end of the year.