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.
State and local officials in northwest Indiana are investing $250,000 in billboards and television and print ads will appear across Illinois and target that state's personal and corporate tax increases.
Governor, economic development officials look to lure companies to Indiana that now may find doing business in Illinois too costly. But a few experts question whether the state will see any immediate benefits.
Businesses have always held the upper hand in negotiating for incentives with local government, but the past couple of years have given rise to the most intensely competitive economic development environment since the early 1980s.