Local IT consultancy plans to add 200 jobs
Knowledge Services, an Indianapolis-based information technology firm, plans to lease additional office space on the city’s north-east side to make way for 200 more workers by 2015.
Knowledge Services, an Indianapolis-based information technology firm, plans to lease additional office space on the city’s north-east side to make way for 200 more workers by 2015.
The Indiana Economic Development Corp. says a producer of high-performance engineering alloys is moving its operations from Illinois to Indiana, creating up to 100 jobs by 2014.
The firefighter and police unions set up pickets outside his home. He was re-elected in no small part as a result of his training as a Marine artillery officer.
Carmel-based IT consultant Allegient LLC plans to grow its central Indiana operations, adding as many as 42 jobs over the next five years.
Iowa-based R3 Composites Corp. plans to establish a manufacturing center in the northeast Indiana town of Grabill, creating as many as 400 jobs by 2014.
The Ballard administration is proposing to turn large swatches of the urban core into TIFs, robbing school districts and libraries of desperately needed revenue.
Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.
The city of Indianapolis is seeking to overturn property tax breaks for more than 20 companies that continued to apply for abatement even though they were unable to meet job commitments.
Every proposed development that approaches a municipality expects a TIF district and tax abatements. They point out that every other municipality they approach is willing to give this to them. If you refuse, they go elsewhere.
Franklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.
Warsaw-based DePuy Orthopaedics expects to spend $20 million on manufacturing equipment and $7 million on research and development equipment and have it installed before 2014.
Researchers at the Indiana University School of Medicine plan to launch a large clinical trial of an experimental two-drug combination for treating late-stage ovarian cancer. The drug combo produced a positive effect in 70 percent of patients in a Phase 2 trial and the IU researchers said they may have discovered biomarkers that could help identify women who would respond best to the therapy. The therapy combines two chemotherapy agents, decitabine with carboplatin. The IU researchers, led by Dr. Daniela Matei, are using it for women who have become resistant to carboplatin after multiple rounds of chemotherapy. IU is now seeking grant funding for a Phase 3 trial, in which the combo therapy will be compared against other approved therapies for ovarian cancer. Their research has been supported by the National Institutes of Health, National Cancer Institute, Walther Cancer Foundation in Indianapolis and the Ovarian Cancer Research Foundation.
DePuy Orthopaedics Inc. plans to spend $27 million on manufacturing and research equipment to grow its orthopedic implant operation in Warsaw, Ind. The expansion will add no jobs to DePuy’s 1,100-person work force, but the Warsaw City Council has approved a 10-year property tax abatement on the equipment. DePuy spokeswoman Jessica Masuga told The Journal Gazette of Fort Wayne that the equipment will improve efficiency. DePuy is a subsidiary of New Jersey-based Johnson & Johnson.
West Lafayette-based Endocyte Inc. raised about $66.8 million in a secondary public offering of nearly 6.7 million shares of company stock. Shares for the offering, which began in mid-July, were priced at $12.26 each. Endocyte, which also has offices in Indianapolis, said it intends to seek permission to sell its ovarian cancer drug in Europe on a limited basis. The decision to proceed came after consultation with the European Medicines Agency and written advice from the regulators, Endocyte said in April. Endocyte shares had more than doubled in price after its initial public offering in February, before sliding in the recent market-wide decline in stocks.
Rochester Medical Implants will move its 28 employees from Rochester to Noblesville. Fulton Economic Development Corp. director Terry Lee said company officials attributed the decision to an inability to recruit needed employees to Rochester and better proximity to customers in the Indianapolis area. The Rochester Sentinel reported that a company co-owner had previously discussed plans for expanding on its eight-acre site in that city. Lee said some of the company's workers plan on transferring to the new location, with the move expected to happen by October. Rochester is about 75 miles north of Noblesville.
A subsidiary of Westfield-based Revere Industries LLC could add 178 jobs in Jeffersonville in southern Indiana if it wins approval of a property tax abatement.
Thomasville, N.C.-based Old Dominion Freight Line said a $22 million investment will be used to upgrade its existing 122,340-square-foot facility on the southwest side.
Indiana Stampings LLC plans to add 75 jobs by 2013 as part of a $7.3 million expansion that includes leasing and equipping a 155,000-square-foot facility.
Belden Inc. said it will spend $3.1 million to lease and equip a new 30,000-square-foot facility in Carmel, where its Americas division is headquartered.
The company will put the plant in an existing 250,000-square-foot industrial building.
Illinois manufacturer Modern Forge says it will open a factory in northwestern Indiana, where it expects to hire as many as 240 workers in the next few years.
Royal United Mortgage LLC, an Indianapolis-based mortgage firm, announced plans Tuesday to expand its local operations, adding up to 140 employees by 2013.
Indianapolis-based SynCare LLC, hired to determine the eligibility of Missouri Medicaid patients for in-home care, has "been a complete disaster from the beginning," statewide health care advocates charge.