Articles

Medical device firm eyeing Indianapolis growth

Greatbatch Medical wants to expand its facility on the east side of Indianapolis to accommodate its entrance into the orthopedics
market. The
New York-based company specializes in cardiovascular products.

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House Speaker pushes IEDC over job-creation numbers

Pat Bauer sent Indiana Secretary of Commerce Mitch Roob a letter formally requesting the Indiana Economic Development Corp.
disclose public records about promises companies gave the state in exchange for job-creation incentives.

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Blue Bell ice cream coming to Indianapolis

Texas-based Blue Bell Creameries will begin selling its ice cream in nine metropolitan Meijer stores beginning April 5. Distribution
will be assisted by the building of a 12,000-square-foot facility on the northwest side.

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Finish Line forfeits incentive deal

Mall retailer The Finish Line Inc. has agreed to forfeit a potentially lucrative tax-abatement deal because it won’t be able
to meet a 2008 promise to create almost 200 jobs and invest $24 million at its Indianapolis headquarters.

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Biotech firm plans $28M Greenwood plant

Greenwood pharmaceutical firm Elona Biotechnologies plans to build a $28 million production facility and create 70 jobs to
help develop a cheaper form of insulin that could gain significant market share.

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City to bolster economic development funding

Mayor Greg Ballard expected to announce at his State of the City address Wednesday evening that the Indianapolis Convention
& Visitors Association and Indianapolis Economic Development Inc. could receive about $1 million each from the city.

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