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GM poised to reveal big investment at Fort Wayne-area plant

May 26, 2015

GM previously said it was considering upgrading the truck assembly plant to build its next generation of pickup trucks. The Allen County Council voted in October to approve a 10-year tax abatement that would save GM more than $15 million on a possible $1 billion investment in equipment and related improvements.

Opus building $10.9 million warehouse on west side

June 3, 2015

The Minneapolis-based developer is constructing the facility on a speculative basis, as demand for industrial space in the metropolitan area remains high. The building should be finished in February.

Noblesville abatements include help for downtown building

June 4, 2015

Timberline Properties LLC is proposing a seven-year, $35,000 abatement for a project that would renovate 5,800 square feet on the second floor of the Caylor Building into 10 to 12 office suites and a business incubator.

IPL to build $25M storage complex in Marion County

June 5, 2015

The Battery Energy Storage System, or BESS. will be built at the Harding Street Station. The utility received approval for a 10-year tax abatement from the county that will save it more than $3 million on the project.

Suburban cities may form regional group to fund transit route

June 9, 2015

Four cities are considering creating an economic development group to obtain state funding for the first phase of a regional rapid-transit route for all-electric buses.

Noblesville foundry plans to ramp up workforce by 400 jobs

June 12, 2015

Ohio-based company ID Castings LLC previously announced plans to invest $51.4 million to overhaul the former Noblesville Foundry on South Eighth Street, resurrecting a property that has been underused for years.

Roto-Rooters breaks ground on $6M facility in Fishers

June 15, 2015

Roto-Rooter Inc. has started construction on its new facility in Fishers near 116th Street and Interstate 69.

Fishers waives $400,000 mortgage on ice arena

June 16, 2015

Continuing a commitment to youth sports, the Fishers City Council approved waiving the mortgage in return for a commitment from the owner to invest $2 million in The Forum at Fishers Ice Arena.

Produce distributor Caito plans $14.7M expansion, 342 jobs

June 29, 2015

Caito Foods Service Inc. is seeking tax abatements from the city to help offset the cost of building and equipping a major new distribution facility on the city’s east side.

Food manufacturer plans $110M expansion of local plants

June 30, 2015

Chicago-based Ingredion, which makes starches, sweeteners, texturants and nutritionals, is seeking city tax incentives to help it pay for major investments in its south-side operations.

Local machining firm seeks tax break for $8.5M expansion

June 30, 2015

Aerodyn Engineering Inc. plans to spend $8.5 million to expand its headquarters at 1919 South Girls School Road and add 20 employees by the end of 2019.

Packaging company seeks tax breaks for local plant

July 13, 2015

A Louisville-based manufacturer of corrugated boxes and other packing supplies is seeking a tax abatement from the city to help it open a local plant and distribution center that would hire 60 workers over the next two years.

Cook Pharmica to hire 70 workers to expand drug-making capacity

July 20, 2015

Cook Pharmica, a subsidiary of Bloomington-based medical device maker Cook Group, currently employs 575 workers who manufacture and package drugs for use in clinical trials or for sale on the market.

Company news

July 20, 2015

Cook Pharmica LLC plans to spend $28 million and hire 70 workers to add a new drug-filling line at its Bloomington facility, company and state officials announced Monday morning. Cook Pharmica, a subsidiary of medical-device maker Cook Group, currently employs 575 workers manufacturing and packaging drugs for use in clinical trials or for sale on […]

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