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Tech firm Infosys to establish $8.7M hub in OneAmerica Tower

May 23, 2017

As part of its previously announced plan to hire 2,000 workers in central Indiana by the end of 2021, Infosys said Tuesday that it is leasing 35,000 square feet of office space in downtown Indianapolis and expects to hire 500 workers by the end of next year.

3-year-old CraftMark Bakery already employs 265, plans big expansion

May 11, 2017

The commercial bakery, which makes frozen bread dough and cookie dough and baked flatbreads for Subway and other quick-service restaurants, started out big and says more growth is coming.

Allegion plans $4M expansion, 125 jobs in Carmel

May 1, 2017

City officials said Allegion subsidiary, Schlage Lock Co. LLC, has purchased a building on the southeast corner of Pennsylvania Street and College Drive, just south of its current offices, to accommodate the expansion.

City set to rescind tax breaks for planned Interactive Intelligence expansion

May 1, 2017

The company that bought Interactive Intelligence last year for $1.4 billion has fallen short of the Interactive’s hiring and investment goals and is vacating a new, $12.4 million office building on the northwest side.

Hope floats: North-side plumbing firm rehabbing building for HQ move

April 25, 2017

Hope Plumbing expects to sink $1 million into the project about a block from its current home to accommodate its growth. It’s seeking a tax abatement from the city to help offset costs.

Big bakery meets early goals, plans $16.5M in new equipment

April 17, 2017

Fast-rising CraftMark Bakery wants to sweeten its investment and hire 32 more workers by expanding production capacity at a $75 million headquarters and manufacturing facility built in 2014 in Indianapolis.

Indianapolis furniture manufacturer relocating to Whitestown

April 13, 2017

Facility Concepts Inc., one the country’s largest commercial furniture makers, plans to move its headquarters and 117 jobs to a $10 million development in AllPoints at Anson by Duke Realty and Browning Investments.

Forklift maker to open second Greencastle plant, add 100 jobs

April 13, 2017

Crown Equipment Corp., which came to Greencastle more than 20 years ago, added a facility in New Castle in 2011 and now has 850 full-time workers in the state.

Illinois developer proposes $23M senior-living facility in Noblesville

April 11, 2017

The four-story, 105,145-square-foot senior-housing development would include 124 units near State Road 37 and 146th Street.

City reaps $1.2M from Conrad hotel investment

March 31, 2017

Here’s a little-known fact: The city of Indianapolis has an ownership stake in two of downtown’s most luxurious hotels and has received nearly $1.2 million so far from one of the investments.

KENNEDY: Another reason single-payer makes sense

March 30, 2017

If health coverage were de-coupled from employment, the United States would become a much more attractive location for new businesses, and incentives to outsource production to overseas workers would be reduced.

Madison County gives OK for $12 million solar park

March 18, 2017

Nearly 30 acres of land in Madison County has been declared an economic development revitalization area for a planned 8.2-megawatt solar park.

Korean car parts maker targets Indy for U.S. HQ, 180 hires

February 27, 2017

Daechang Seat Co. is seeking tax breaks from the city for its plans to invest $16.8 million in a production facility and establish a base of operations in America.

Ganassi Racing seeking tax break for $3.5M expansion

February 27, 2017

The owner of four IndyCar racing teams says the tax abatement would help offset costs related to a 40,000-square-foot addition the company wants to build at its northwest-side headquarters.

CEO says Bottoms Up poised for growth despite tax abatement setback

February 17, 2017

After hitting some hurdles and then switching its client focus, the maker of the novel beer-dispensing system says sales are beginning to rise.

‘Bottoms Up’ beer-dispenser maker faces tax-break termination

February 14, 2017

The Metropolitan Development Commission is slated to vote Wednesday to terminate a tax-abatement agreement with Indianapolis-based GrinOn Industries LLC, makers of the “Bottoms Up” beer-dispensing system, which fills cups from the bottom.

Pre-cast concrete firm planning 39 hires in Whitestown

February 3, 2017

The company, which expects to nearly double its current employee count, began renovations to its facilities in late 2016 and could begin operations this month.

Pence’s ability to keep Indiana interests in mind likely limited

January 22, 2017

Much has changed in recent decades to reduce the ability of White House leaders from wielding undue influence when it comes to helping individual states.

Interactive built building, reaped city tax break for unrealized job surge

January 6, 2017

Interactive Intelligence in 2014 said it would add 430 Hoosier employees—plans it leveraged to hash out city and state tax incentive agreements. But it's local employment hasn't changed much since.

Sports apparel maker planning to add 192 workers at local plant

January 3, 2017

BSN Sports LLC plans to spend $2.4 million to improve its sportswear production facility on the city’s northwest side.

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