Clawbacks proposed for companies that flee Indiana
An amendment would create a new financial penalty for companies that leave Indiana to move to foreign countries after they receive state tax breaks.
An amendment would create a new financial penalty for companies that leave Indiana to move to foreign countries after they receive state tax breaks.
The dry bean and soup packaging company intends to invest $5.8 million to construct a new 67,000-square-foot manufacturing and distribution center at 10505 Bennett Parkway.
The Fishers City Council approved selling a downtown parcel to Braden Business Systems Inc. for $5 in addition to nearly $1 million in incentives Monday night.
The company, which makes security devices and systems, plans to construct a three-story, $15.9 million headquarters in Fishers Point Business Park on the corner of Kincaid and Sunlight drives.
Waste management giant Republic Services Inc. plans to spend $13.6 million on a customer resource center in Fishers that could employ as many as 469 workers by the end of 2025, the company announced Thursday afternoon.
A local hotel developer plans to build the 175-room Embassy Suites near the town’s Interstate 70 interchange and Indianapolis International Airport.
Indianapolis-based Braden Business Systems plans to move to Fishers while Stanley Security will consolidate operations in the city, Fishers Mayor Scott Fadness announced Wednesday.
Millennials are getting older, pairing off, even having a first then a second child, and discovering what their parents and grandparents discovered: a single-family home in a safe neighborhood with strong schools is where they wish to raise their children.
After years of being particular about the project, Grand Junction Task Force members seem pleased with the final designs for the park, which include areas for concerts, play, dining and more.
The Swedish home furnishings store—which won’t open for nearly two years—will be built on 35 acres along USA Parkway in the Exit Five Corporate Park, near the East 116th Street and Interstate 69 interchange.
The updates will include a wide-scale modernization of Rolls’ Tibbs Avenue jet-engine plant.
The developer wants help to offset costs of the 120-room hotel, to be built next to Ironworks at 86th Street and Keystone Avenue. The project would include a sidewalk along 86th Street linking the hotel to the Keystone at the Crossing area.
The developer of the 9 on Canal Apartments project has disclosed plans for a $37 million second phase that would add 194 apartment units and more than 15,000 square feet of retail space along downtown's Central Canal.
The Metropolitan Development Commission voted 6-2 in favor of Stonecrest Senior Living’s request to rezone 4.8 acres of wooded wetlands at the southeast corner of 86th and North Meridian streets.
The economic development agreement between the city and the Swedish home furnishing company requires the city to cover the costs for road, park, bridge, permitting, development and sewer impact fees. The total savings for Ikea is estimated to be $1.66 million.
Dura Products will construct a 15,000-square-foot building and furnish it with new logistical, IT and manufacturing equipment. The capital investment is expected to be $1.8 million and new equipment is expected to cost $1.15 million.
Shoppers won’t typically be traveling to the $40 million store during rush hour, said Fishers Mayor Scott Fadness. Still, the city will move forward with road improvements already planned for the area.
Since arriving in Indianapolis in 1989—to buy a Days Inn on the city’s south side—Bharat Patel has grown his portfolio to nearly 30 properties stretching from California to New Jersey.
Alexandria Extrusion MidAmerica LLC is planning an expansion at the aging Indianapolis plant it bought in 2012, helping it create 30 jobs and retain 60 workers.
Merchandise Warehouse Co. Inc. is planning an expansion and renovation of its warehouse facilities just south of downtown, allowing it to add 65 employees over the next five years.