IPL plans $25M power-storage facility at Harding Street plant
The utility is seeking a $3.1 million tax incentive that it says will help it retain 791 employees in Marion County.
The utility is seeking a $3.1 million tax incentive that it says will help it retain 791 employees in Marion County.
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 next few months will set the tone for a new administration and the city’s future. Based on our time in city and county leadership, we recommend the candidates give attention to the following civic paradoxes
American Bottling Co. plans to develop a $6.3 million distribution center on the northwest side of Indianapolis, leaving behind a site it has occupied in nearby Park 100 for 40 years.
Locally based Environmental Forensic Investigations Inc. plans to move into a larger headquarters near downtown, doubling its employment to 84 over the next five years.
The 37,000-square-foot memory care center that would be known as Poets Walk has been proposed by Senior Real Estate LLC, an affiliate of Florida-based Silver Cos.
Lebanon-based tool manufacturing Festool USA on Monday announced plans to add 55 workers as part of a $6.8 million expansion.
The company, which entered the Indianapolis market in 2010, said it doesn't know how the bacteria was introduced to its facilities.
The Fishers Redevelopment Commission recently approved the sale of a parcel of land in the Nickel Plate District for $25,000 to Re/Max Ability Plus. The real estate agency plans to spend $1.8 million to construct a 7,200-square-foot building.
Peerless Pump Co. is in line to receive a pair of tax abatements from the city after the manufacturer spent more than $18.7 million to improve its Indianapolis plant. The deals could pave the way for an even larger expansion.
The facility’s developer wants Fishers to enter into a 20-year lease for specific usage rights that would cost the city $805,000 annually. It also seeks a 10-year tax abatement and a waiver of impact and permit fees.
A-Son’s Construction Inc. plans to consolidate its operations into an existing structure whose location is under wraps for now.
AgReliant Genetics LLC’s expansion is expected to help it retain 54 employees in Westfield and add another 31 jobs at the site during the next 10 years.
Opflex Technologies LLC, a manufacturer of specialty foam products, is in discussions with city officials to move its headquarters from St. Johnsville, New York, to the northeast side of Indianapolis.
A Greenwood firm that manufactures wireless monitoring and control devices plans to move operations into an abandoned plant on the south side of downtown Indianapolis, allowing it to expand and add 25 workers before the end of the decade.
Franciscan St. Francis Health has finally found a buyer for its former hospital campus in Beech Grove. Trouble is, it’s found two.
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.
The company is seeking a property-tax abatement from the city worth an estimated $263,444 to make the plan possible.
Ardaugh Group plans to retain its 400 workers at the Winchester plant as it invests in a major upgrade.
Our roundup of highlights from 2014 in Indianapolis business news.