EDITORIAL: New economic incentives strategy is product of collaborative effort
We’re behind the effort, but can’t overemphasize the need for follow-up.
We’re behind the effort, but can’t overemphasize the need for follow-up.
An affiliate of Germany-based Messer Group wants to build a new facility on the south side of Indianapolis for making atmospheric gases for health care providers, food processors, and glass and metal fabricators.
The attraction, retention and development of talent determines our region’s prosperity. Enhancing the viability of Indianapolis as a place to live and work is a dominant priority for business and government leaders. It is our best way to compete as a region.
The future of older manufacturing towns is not in manufacturing. Economic development must be about more than attracting new smokestacks to old brownfields
We wish other incentive deals had fostered such vigorous debate, such as the council’s decision last year to provide $2.9 million in TIF financing for Duke Realty Corp.’s new $28 million headquarters in Keystone at the Crossing—an area of the city that’s already a magnet for development.
Louisville-based Investment Property Advisors is planning 279 additional units and more than 28,000 square feet of retail space just south of its 9 on Canal project, to be dubbed 350 West.
The Indianapolis-based firm was to have started building its $6.7 million, 80,000-square-foot-headquarters by the end of last year.
TWG Development’s Tony Knoble and Justin Collins are joining Big Red executive Don Rix as new co-owners of the state’s largest package liquor store chain, alongside founder Mark McAlister.
CraftMark Bakery, the baked goods supplier for more than 70,000 restaurants in North America, is planning another expansion that would bring employment up to 446 by the end of 2022.
Gordon Food Service plans to hire and train more than 200 workers for the distribution center at hourly wages of $20 to $25 an hour before the facility opens in late 2021. Longer term, employment at the facility is expected to be much greater.
This legislation is an important part of the comprehensive effort to prevent youth initiation of a lifelong deadly addiction.
Officials in Madison County have rejected a tax abatement for a proposed solar farm, putting the $110 million project in jeopardy.
Aptive Plc, a mobility tech company formerly known as Delphi Automotive, plans to open a $9 million engineering lab in Westfield, the city announced Monday night.
Milestone Contractors LP received approval for incentives from the city of Indianapolis tied to an effort to build a 25,000-square-foot office building and 52,000-square-foot garage in Beech Grove.
BDX-Indiana, a sister company to Indianapolis-based Biodynamic Ventures, plans to create more than 40 jobs at the facility that pay an average of $70,000 per year.
Abbott Laboratories announced plans Monday night to build a 120,000-square-foot facility in the NorthPoint Industrial Park along U.S. 31 where it will manufacture a heart valve repair device.
The Indianapolis-based firm on Tuesday broke ground on a $78 million, 508,104-square-foot building—the first of four planned structures as it shifts focus to industrial development.
Indianapolis-based mechanical contractor R.T. Moore Co. Inc. expects to create 40 jobs as part of the project, with average wages of about $32 per hour.
Energizer Manufacturing Inc. is seeking tax breaks from the city of Franklin in return for opening a $62.7 million packaging and distribution center in Franklin Tech Park, just east of Interstate 65 and south of State Road 44.
The Fishers City Council gave preliminary approval Tuesday to a 10-year tax abatement for the developers of the Hub & Spoke building and approved $3.125 million in road project bonds.