Amazon’s announcement last week that its future second headquarters will create 50,000 new jobs with an average annual compensation of $100,000 have cities across the country clamoring to submit bids. But there’s a short timetable, with proposals due Oct. 19.
State economic development officials won’t comment on whether they plan to submit a proposal for the $5 billion development, but a local site-selection expert said pursuing Amazon is “too good of an opportunity” for the state to pass up.
The plant closed in 2007, taking 300 jobs. It opened in 1909 and at one point produced all the gas used for heating Marion County.
The east-side factory used to employ 1,500 dry-cell battery makers, but has been abandoned for decades.
Negotiations with property owners to buy a few parcels of land in the Martindale-Brightwood neighborhood appears to have stalled. City-County Council members this week will discuss exercising eminent domain.
The city’s investment in the retention and expansion of more mature, existing businesses has been paying off.
A surge of people retiring from the fields has created a talent shortage, and recruiting and training enough workers remain vexing challenges for companies, according to executives at an IBJ event Thursday.
Salesforce.com appears to have scrapped plans to build its own downtown headquarters building and instead is seeking a huge block of space in an office tower to satisfy its aggressive growth plans.
While businesses consider many factors before choosing where to locate, economic development experts say a community’s openness to lesbian, gay, bisexual and transgender individuals increasingly is one of them.
Sirmax and OMR Automotive, both suppliers to the automotive industry, plan to build plants in Speedway and Anderson and together could create up to 110 jobs over the next several years.
Approval of the deal is essentially guaranteed, as Cummins and Indianapolis officials together have heralded the downtown project and its potential economic benefit.
CEO Doug Oberhelman said Tuesday that government overhauls and an aggressive economic development policy have made the state among the most attractive for investment.
Hendricks County finds pay dirt pitching skills of racing industry to medical device manufacturers.
The argument that the complex could help revitalize the neighborhoods near the former GM stamping plant southwest of downtown could be crucial for securing the support of residents.
Indianapolis officials Tuesday named three development groups that will be invited to submit proposals to create a new criminal justice complex.
The Indy-based retailer that operates nationally as Lids plans to build a 150,000-square-foot headquarters in Zionsville, beef up local distribution operations, and go on a major hiring spree.