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.
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.
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.
Simple Meds LLC, an Indianapolis-based startup, is seeking a city tax break that will help it open a local distribution facility and hire up to 46 people by the end of 2020.
Approval of the deal is essentially guaranteed, as Cummins and Indianapolis officials together have heralded the downtown project and its potential economic benefit.
There are many things about representing Indianapolis that make me proud. However, we are still using limited tax dollars to incentivize out-of-state contractors to hire out-of-state workers to build right here in Indianapolis.
The Kokomo City Council voted unanimously Monday night to give initial approval for a 10-year property tax abatement to Chrysler. The automaker said the break would help it retain 212 jobs with a combined salary of $9.8 million.
The office building is part of a planned 15-acre development near the Fashion Mall that includes offices, apartments, a hotel and retail space. The Gene B. Glick Co. is a possible tenant.
EnerDel Inc. is regrouping under a strategy of targeting niche markets, as Indianapolis and Hancock County officials press executives about the firm’s future and former pledges of local investment and job creation that failed to pan out.
