Patch Development looking to develop 220 acres along S.R. 39 in Lebanon
Developers say the project could include housing and commercial and retail space, as well as businesses that would support the LEAP Research and Innovation District.
Lebanon
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Q&A with Festool CEO, who has leaned into Hasbro experience to appeal to customers
Festool has about 90 employees in Lebanon, where the company’s U.S. corporate headquarters and U.S. repair facilities are located. All of the company’s tools are made in Germany and the Czech Republic.
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Logistics provider planning 415-job expansion in Lebanon
Supply-chain giant GXO Logistics is planning to spend $11.7 million to grow operations at a massive facility where it handles returns for Nike Inc.
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State’s big, bold LEAP District play draws some reflection
The state has spent more than $690 million so far establishing the LEAP Research and Innovation District. Outgoing economic leaders say the project is a huge success, but some political leaders are cautious.
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IBJ Podcast: What’s the potential impact of Lilly’s $4.5B ‘medicine foundry’ in Lebanon?
Lilly wants to know how to improve new medicines and speed them to market more quickly. The project promises hundreds of high-paying jobs and could help lift Lilly among a handful of the most valuable companies in America.
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Articles
County-run Witham Health touts neighborly care as competition looms from a larger health system
The Lebanon-based hospital faces increased competition from large health systems that benefit from larger economies of scale and marketing budgets.
Filtration company to close La Porte facility, move production to Lebanon
Production at the Lebanon facility is expected to begin before the end of 2025. The company anticipates having up to 150 workers at the plant.
Takeaways from the forensic audit of the IEDC, Elevate Ventures and other related entities
The report details findings related to the Indiana Economic Development Corp., the Indiana Economic Development Foundation, the LEAP District, Elevate Ventures and the Applied Research Institute.
Parkview Health to build $150M hospital in Lebanon
Parkview said work on the 108,000-square foot hospital and 30,000-square foot medical office building is expected to begin next year.
Lebanon commission to review Meta’s 15-building data center project at LEAP District
Documents dated Aug. 6 also include multiple renderings of the campus, which would include 12 data center buildings, three ancillary buildings and more than 400 parking spots.
Caterpillar planning $60M expansion in Lebanon that would add nearly 700 jobs
The company plans to expand its existing 600,000-square-foot facility in Lebanon Business Park.
Boone County Commissioners OK 190-acre project at I-65 interchange
The development’s $30 million first phase is expected to include a new headquarters for Merritt Contracting, facilities for additional companies and infrastructure to serve the area.
Boone County economic development group names new CEO
Andrea Kern, who most recently worked with the Indiana Office of Community and Rural Affairs, will lead the Boone County Economic Development Corp.
Lebanon planning board OKs design for Lilly Medicine Foundry at LEAP District
The foundry will give the pharmaceutical maker the ability to research new ways of producing medicines.
Lebanon planning board to review designs for Lilly’s $4.5B foundry at LEAP District
IMAGE GALLERY: The 200-acre Lilly Medicine Foundry is expected to add 400 full-time jobs for highly skilled workers, including engineers, scientists, operations personnel and lab technicians.
LEAP district developments among year’s top tech stories
The ongoing progress to develop the planned LEAP Innovation and Research District, a 9,000-acre tech park in Boone County, was among the top local tech stories of 2024.
Hickory Junction’s next phase to include 450-plus housing units, commercial space in Lebanon
Card & Associates is making plans to grow Hickory Junction, which already includes the $31 million Farmers Bank Fieldhouse and two planned hotels.
State approves $60M for LEAP District development for Lilly, Meta projects
The state will eventually recoup much of that investment when LEAP land is sold to tenants, officials from the Indiana Economic Development Corp. said.
IEDC requests additional $60M for Lilly, Meta land, infrastructure at LEAP
The state’s job-creation agency is seeking $27 million to purchase about 307 acres and pay for deposits and option payments for additional land west of Interstate 65. Another $33 million is being sought for infrastructure work.
UPDATE: Meta’s planned $800M investment in Lebanon could lead to $4.8B, mayor says
The Lebanon City Council on Monday night approved the creation of a tax-increment financing district and performance-based incentives to try to secure a deal with the parent of Facebook and Instagram.
Why Lilly is pouring billions into LEAP
In recent years, the pharmaceutical manufacturer has seen dizzying growth in its pipeline for a wide range of diseases. And modes of drug delivery are becoming increasingly complex.
Lilly to invest another $4.5B in Lebanon site for new ‘medicine foundry’
The new funding, for an advanced manufacturing and drug development center, will bring the Indianapolis-based drugmaker’s total investment in the Boone County site to more than $13 billion.
Proposed Citizens LEAP pipeline approved for $325M in state loans
The Indiana Finance Authority approved the loans to support the proposed extension of the Citizens Energy system to provide 25 million gallons of water per day to the LEAP Lebanon Innovation District and surrounding Boone County developments.
Samson Historical provides a time machine to the 18th century
Casey and Abbie Samson own and operate the colonial outfitter that produces and sells more than 800 varieties of mostly late-18th-century-era clothing, accessories and living-history supplies.