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1,254 results for 'abatement'

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Articles

Shelbyville, county plan economic development projects

July 15, 2010

Millions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.

Illinois firm to build used oil plant in Speedway

July 15, 2010

The $40 million project along West 10th Street could create 75 jobs by 2013.

IT staffing firm plans downtown expansion, 80 new jobs

July 14, 2010

Smart IT Staffing Inc said Wednesday morning that it plans to expand its Indianapolis headquarters, creating up to 80 new
jobs by 2014.

Company news

July 13, 2010

Medical device maker Biomet Inc. plans an expansion of its northern Indiana facilities that could add about
280 jobs, according to the Associated Press. Company officials have discussed the plan with Kosciusko County officials as
they've sought tax breaks on the $26 million project. Biomet attorney Richard Helm says the expansion in Warsaw would
retain about 80 jobs and lead to some manufacturing being moved there from New Jersey. The project would also expand Biomet’s
Warsaw distribution center.

Eli Lilly and Co. will cut 170 jobs—mostly in Indianapolis—from its manufacturing and quality
division by the end of the year as it continues its efforts to slim down before losing revenue from patent expirations on
its bestselling drugs. The Indianapolis-based drugmaker’s latest move will cut nearly 5 percent of its 3,600-person
manufacturing work force in the United States. Lilly will ask for voluntary departures, but it also will eliminate the jobs
of others involuntarily. Some jobs have already been eliminated through attrition. Lilly has announced nearly 2,000 job cuts
toward its goal of 5,500 cuts, which the company set in September. The company is also trying to eliminate $1 billion in annual
expenses by the end of 2011. At that time, it hopes to have a worldwide staff of about 35,000. It currently employs 12,400
in Indiana.

Hundreds of patients will be shifted from Indiana's state psychiatric hospitals into community-based care under a plan
that officials say will eliminate more than 500 jobs, according to the Associated Press. The biggest changes and the layoffs
will come at the Logansport and Richmond state hospitals, while units at the Evansville and Madison hospitals will be converted
to care for those with serious mental illnesses. The moves by the Indiana Family and Social Services Adminstration are expected
to reduce the number of patients at the six state hospitals by about 30 percent and save $15 million a year. The Logansport
State Hospital
will have 355 of its 900 workers laid off and 80 vacant positions eliminated. The Richmond
State Hospital
will lose 106 of its 600 workers.

A medical device company is seeking a property-tax abatement to offset costs associated with a $1.1 million expansion of
its facility at 3735 N. Arlington Ave. in Indianapolis. New York-based Greatbatch Medical Inc. expects to
create eight jobs at an average wage of $12.75 an hour and retain 146 jobs at an average wage of $14 an hour, according to
the abatement request. Greatbatch specializes in cardiovascular products but is expanding into the orthopedics market, which
is prompting the expansion, the company said.

Environmental services firm to build $40M refinery

July 13, 2010

Heritage-Crystal Clean Inc. plans to build an oil re-refinery in Speedway, creating as many as 75 new jobs by 2013.

CSO Architects plans new headquarters in former Bally’s gym

July 8, 2010

The 24,000-square-foot former fitness facility at 8831 Keystone Crossing is vacant and falling into disrepair.

Canadian chip maker locating U.S. HQ in Fort Wayne

July 8, 2010

Saratoga Potato Chips plans to create 175 jobs in the northeastern Indiana city by 2013 and will begin hiring later this year.

Medical device firm eyeing Indianapolis growth

July 7, 2010

Greatbatch Medical wants to expand its facility on the east side of Indianapolis to accommodate its entrance into the orthopedics
market. The
New York-based company specializes in cardiovascular products.

Harlan Bakeries planning $9.7M expansion

July 7, 2010

Harlan Bakeries plans to expand its Georgetown Road production facility by 65,000 square feet to make a new line of products—creating
43 jobs in the process.

CSO Architects plans new HQ in former Bally Total Fitness

July 7, 2010

Locally based CSO Architects Inc. is working on plans to remodel a former Bally Total Fitness location at Keystone at the
Crossing into its new headquarters.

Glass company to open $3.7M plant in Elkhart

June 29, 2010

State officials say Pennsylvania-based Santelli Tempered Glass Inc. will open a 32,500-square-foot plant in Elkhart, creating
35 jobs by 2013.

Clarification:

June 23, 2010

Fusion Alliance did not receive a tax abatement as a result of an expansion it announced in January 2008 but later called
off. According to the Indiana Economic Development Corp., the firm received $70,627 in training grants, all tied to existing
jobs. IBJ reported on the company's new expansion plan, which would add 107 jobs by 2014, in Tuesday's IBJ Daily.

Web firm promises 107 new jobs after ’08 pledge fell short

June 22, 2010

Fusion Alliance made a similar agreement to receive state and local incentives in 2008, but the jobs failed to materialize.

Batesville Tool & Die expansion should create 40 jobs

June 17, 2010

Southeastern Indiana company plans to add 25,000 square feet to plant and begin hiring additional employees by the end of
next year.

House Speaker pushes IEDC over job-creation numbers

June 11, 2010

Pat Bauer sent Indiana Secretary of Commerce Mitch Roob a letter formally requesting the Indiana Economic Development Corp.
disclose public records about promises companies gave the state in exchange for job-creation incentives.

Hat World expansion to create 571 jobs in Indianapolis

June 10, 2010

Hat World, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare
additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.

Avon gives senior-living facility tax abatement

June 9, 2010

Leo Brown LLC’s 20-acre, $36 million senior-living community is expected to create 132 jobs with an average salary of $37,000
when it is completed in 2011.

IT consulting firm plans to create 230 jobs

June 9, 2010

Miller Consulting Group will move its headquarters from Indianapolis to Noblesville and add the jobs by the end of 2013,
the company said Wednesday morning.

Southern Wine to create 200 jobs in central Indiana

June 8, 2010

The country's largest beer, wine and liquor distributor plans to invest more than $10 million to establish operations
in central Indiana, creating 200 jobs at a regional office and distribution center here.

Johnson & Johnson warehouse plans to add 465 jobs

June 3, 2010

Hendricks County distribution facility in new 70 West Commerce Park scheduled to open in mid-2011.

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