State tweaks law to entice $500M Rolls-Royce upgrade
If a tailor-made tax credit is any indication, Rolls-Royce Group plans to spend at least $500 million modernizing its Tibbs Avenue jet-engine factory.
If a tailor-made tax credit is any indication, Rolls-Royce Group plans to spend at least $500 million modernizing its Tibbs Avenue jet-engine factory.
The donor-management software firm says it plans to spend at least $8 million building a headquarters complex at Fort Harrison, part of an attractive deal that involves free public land and a roughly $300,000 grant.
Magnetation LLC, which operates a massive iron ore pellet plant in Indiana, has filed for bankruptcy. The company announced plans for the Reynolds plant in late 2012, saying it would spend as much as $350 million on the facility and create up to 100 jobs there by the end of this year.
Dattus Inc., an early-stage company with roots in the Purdue Foundry entrepreneurship hub, has moved to offices in Indianapolis and plans to create 37 jobs by 2020.
A-Son’s Construction Inc. plans to consolidate its operations into an existing structure whose location is under wraps for now.
Food container manufacturer Royal Interpack North America Inc., a subsidiary of Thailand-based Royal Group, announced plans Tuesday to spend $11.9 million to open its first Midwest plant.
Two Indianapolis-based companies have reached incentive agreements with the state's economic development agency to create nearly 50 jobs in total over the next four to five years.
American Stair Corp. plans to invest $2.9 million to purchase, renovate and equip a 60,000-square-foot plant. State officials are offering $1.7 million in tax incentives.
Perscio LLC announced Tuesday that it hopes to add 48 full-time employees making an average wage of $43 per hour by the end of 2019.
John Morrell Food Group, one of the oldest meat manufacturing firms in the nation, plans to build and equip a massive refrigerated distribution center just east of Indianapolis.
Nine of the 16 firms who announced their plans with state officials Thursday expect to boost operations and employment in the Indianapolis area, forecasting 933 jobs.
The retailer has finalized a contract for state incentives on the 1.1 million-square-foot project, pledging to hire 303 workers by the end of 2015.
The struggling consumer-review firm plans to spend some $40 million to expand its headquarters campus on the east side of downtown and create 1,000 jobs with the help of more than $25 million in state and city incentives.
A company that makes towable recreational vehicles says it will spend nearly $5 million to expand its operations in northern Indiana, creating as many as 125 jobs.
Canada-based Skjodt-Barrett Foods plans to hire 97 more workers by 2017 at its Boone County operations, established in late 2011.
LureCraft Fisherman's Shop Inc. said the expansion will triple its current space in LaGrange and allow it to add 91 workers before the end of 2017.
U/S Sports Advisors said it will spend $1.1 million on an expansion at its Carmel headquarters, increasing employment by 36 jobs by the end of 2018.
Mattress maker Tempur Sealy International Inc. plans to open a manufacturing and distribution facility in Plainfield, creating up to 300 jobs by the end of 2015, the Lexington, Kentucky-based company announced Thursday afternoon.
Penguin Random House LLC, the world’s largest consumer book publisher, plans to consolidate much of its U.S. distribution operations in Crawfordsville, the company announced Wednesday morning.
Indianapolis is considering nearly $2.6 million in tax breaks over 10 years as an incentive for Interactive Intelligence’s planned $28 million investment.