Auto parts maker adding jobs at Muncie factory
Magna Powertrain plans to spend more than $15 million on new equipment for a Muncie factory where it expects to add as many as 50 workers in the coming year.
Magna Powertrain plans to spend more than $15 million on new equipment for a Muncie factory where it expects to add as many as 50 workers in the coming year.
The county south of Indianapolis was king of the suburbs in the 1970s, but now has fallen far behind Hamilton to the north in population and income, and in recent years slipped behind Hendricks County to the west.
Alcoa Howmet factory in LaPorte, which makes castings for the aerospace and industrial gas turbine industries, will receive local and state tax breaks in return for job commitments.
Radiopharmaceuticals maker Zevacor Molecular plans to open a $40 million isotope-production facility in Noblesville, creating nearly 50 good-paying jobs within five years.
The University of Indianapolis has selected local developer Strategic Capital Partners LLC to build its health sciences center. To help offset its investment costs, Strategy Capital has requested a tax abatement valued at $2.5 million.
Indianapolis-based Cornerstone Cos. Inc. is working on plans for an $11 million medical office building near St. Vincent and IU Health hospitals in Fishers.
The town of Fishers is taking steps to officially terminate a three-year property tax abatement offered to a debt-collection company that is winding down operations.
I am an accidental tourist in the land of government finance. The natives are friendly enough to me, but they seem to like one another less and less.
A day in the life for hundreds of new employees at Interactive Intelligence Group Inc. could mean riding a slide from one floor of their office to the next while earning about $80,000 per year.
Local software firm Interactive Intelligence Group Inc. announced Thursday afternoon that it plans to hire 430 employees by the end of 2016 as part of a major expansion of its headquarters.
Jasper Engine & Transmission Exchange expects to buy, renovate and equip a 220,000-square-foot facility near its headquarters in the southwest Indiana city.
A subsidiary of TOA Industries Co. Ltd. plans to spend $72.1 million to construct and equip an additional 360,000 square feet of manufacturing and warehouse space at its existing facility in Morgan County.
Five local apartment complexes and one owner of multiple rental properties were accused of unreasonably consuming city, public, and law enforcement resources.
An interim administrator plans to get to the bottom of an apparent morale problem and fill at least 10 openings within the department.
Indiana Packers Corp., which makes Indiana Kitchen bacon, said it will spend $2.3 million on a 56,500-square-foot facility on 5.9 acres about 45 miles from Indianapolis.
It’s time to rein in the tax abaters. If the business plan succeeds only if you can avoid or abate taxes, then it’s a bad plan.
Jasper-based MasterBrand Cabinets Inc. expects to boost the work force and capacity at its Ferdinand operations, which already employ 1,500.
Beauty products maker Ulta Inc. plans to open a fulfillment and distribution center in Greenwood that will employ as many as 537 people by 2018, the Bolingbrook, Ill.-based company announced Thursday afternoon.
PlaqueMaker.com plans to invest as much as $3 million to expand its Fortville operations, building and equipping a 42,000-square-foot facility and nearly doubling its staff by the end of 2018.
IBJ’s experiment with place-based business news couldn’t have come at a better time—just as the fast-growing communities north of 96th Street began to emerge from the depths of the recession and look to the future.