Braun: Morales’ India economic development trip falls outside secretary of state’s responsibilities
Secretary of State Diego Morales said the trip was privately funded, but his office did declined to tell IBJ who paid for the trip.
Economic Development
-
Cadillac F1 team plans to employ 300 people at new HQ in Fishers
The $200 million, 400,000-square-foot Cadillac F1 facility is under construction near Indianapolis Metropolitan Airport.
Read More -
Logistics provider planning 415-job expansion in Lebanon
Supply-chain giant GXO Logistics is planning to spend $11.7 million to grow operations at a massive facility where it handles returns for Nike Inc.
Read More -
Eli Lilly to spend $27B on four new manufacturing sites
The new manufacturing sites are expected to create create 3,000 pharmaceutical jobs and nearly 10,000 construction positions during the buildout.
Read More -
Morgan County officials approve rezoning for proposed 391-acre data center
Residents voiced a variety of concerns about the proposed data center, but the three-person board voted unanimously to move forward.
Read More
Articles
Purdue University launches business accelerator program
The program for Purdue-connected companies offers the university a way to rekindle or establish the startup founders’ Indiana ties.
Bill creating transparency measures for Indiana economic development agency heads to House floor
Critics of the Indiana Economic Development Corp., which receives hundreds of millions in tax dollars each year, have wondered whether the agency has been transparent and fiscally responsible enough.
Indy leaders planning global conference on sports
TEDSports is expected to draw up to 1,000 executives, educators and trendsetters from across the globe Sept. 9-11.
Johnson & Johnson plans $55B in United States investments
Aside from building four new plants, Johnson & Johnson said that it will expand several existing sites.
Developer seeking to build large-scale Indianapolis data center
If fully developed, the 468-acre data center complex would have up to four buildings and 400 employees making annual salaries of about $100,000.
Pittsboro officials OK rezoning of 626 acre-site for proposed data center campus
The decision comes as developers seek to build a colocation site—a data center with multiple tenants—on a portion of the 626 acres.
California defense tech company breaks ground on Indiana facility
The Indiana Economic Development Corp. noted the company plans to invest a total of more than $456 million and create up to 628 jobs by the end of 2029.
Boone County economic development group names new CEO
Andrea Kern, who most recently worked with the Indiana Office of Community and Rural Affairs, will lead the Boone County Economic Development Corp.
IU, Purdue Indianapolis campus leaders envision transformed academic cityscape
Leaders from the Indianapolis campuses of Indiana and Purdue universities outlined visions for increased collaboration and a transformed urban campus at an Economic Club of Indiana luncheon Wednesday.
Rubio says purge of USAID programs complete, with 83% of agency’s programs gone
Secretary of State Marco Rubio said the programs “spent tens of billions of dollars in ways that did not serve, (and in some cases even harmed), the core national interests of the United States.”
Small town spirit: How Indiana’s rural communities are working to reverse population losses
More than 70% of Indiana’s counties, many of which are rural and also lost population in the 2020 census, are expected to lose residents over the next 30 years.
Facing competition from Big Tech, states dangle incentives, loosen laws to attract power plants
The spike in demand for electricity is being driven, in large part, by the artificial intelligence race as tech companies are snapping up real estate and seeking power to feed their energy-hungry data centers.
Giant chipmaker to spend $100B to expand chip manufacturing in United States
TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia.
State budget includes funds for White River State Park expansion plan
The project is expected to encompass about 7.5 acres on the river’s western bank and will include new green spaces, an amphitheater and a promenade overlooking the White River.
Pittsboro advisory commission recommends data-center rezoning request
A Denver-based company is seeking to build a data center campus on about 285 acres of the 626-acre property.
UK-based sports tech company to establish Indiana presence
London-based Sportable has developed a tracking platform that uses sensors placed inside balls to deliver data designed to measure player and team performance.
Apple announces $500B investment in U.S. over next four years
Apple said Monday that it plans to create 20,000 jobs and open a new manufacturing facility as part of the investment.
EV, battery manufacturers moving ahead on projects despite Trump’s views, actions
Potential rollbacks of Biden-era policies that incentivized electric vehicle production and ownership have stirred apprehension among some local economic development officials across the state.
Lebanon planning board OKs design for Lilly Medicine Foundry at LEAP District
The foundry will give the pharmaceutical maker the ability to research new ways of producing medicines.