Local machining firm seeks tax break for $8.5M expansion
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.
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.
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.
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.
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.
Roto-Rooter Inc. has started construction on its new facility in Fishers near 116th Street and Interstate 69.
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.
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.
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.
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.
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.
Indiana-based Steel Dynamics Inc. said it will invest $100 million to add more steel-finishing capacity at its mill in Columbus, Mississippi, and add 40 employees to the current 630 at the plant.
That’s the message city officials seem to be sending of late, and it’s a troubling trend for a county tax base that struggles to fund basic services.
A sign company that moved to Fishers in 2014 and snagged an economic incentives deal with the city is backing out of the plan.
The utility is seeking a $3.1 million tax incentive that it says will help it retain 791 employees in Marion County.
If a tailor-made tax credit is any indication, Rolls-Royce Group plans to spend at least $500 million modernizing its Tibbs Avenue jet-engine factory.
The next few months will set the tone for a new administration and the city’s future. Based on our time in city and county leadership, we recommend the candidates give attention to the following civic paradoxes
American Bottling Co. plans to develop a $6.3 million distribution center on the northwest side of Indianapolis, leaving behind a site it has occupied in nearby Park 100 for 40 years.
Locally based Environmental Forensic Investigations Inc. plans to move into a larger headquarters near downtown, doubling its employment to 84 over the next five years.
The 37,000-square-foot memory care center that would be known as Poets Walk has been proposed by Senior Real Estate LLC, an affiliate of Florida-based Silver Cos.
Lebanon-based tool manufacturing Festool USA on Monday announced plans to add 55 workers as part of a $6.8 million expansion.