A software-as-a-service firm founded last year under the wing of Indianapolis-based venture studio High Alpha announced Tuesday that it plans to spend $1.4 million to establish a downtown headquarters.
Genesys, which acquired Interactive Intelligence in 2016 and made extensive job cuts following the purchase, is working on the city to update its tax-incentive agreement after failing to comply with previous requirements.
A company that designs and makes cutting and grinding products and custom tools is moving forward on an expansion that includes adding more jobs in northeastern Indiana.
Saab said the facility will be used to manufacture a significant portion of the T-X advanced pilot training aircraft, which will help train future U.S. Air Force pilots for generations.
Indiana’s short-listed proposal—submitted by Purdue University and state officials—was one of 136 received by the USDA last year from 35 states. Relocating the two research divisions to Indiana could bring 570 federal jobs.
The facility would process maize straw from as many as 150,000 acres of cornfields annually into a peat moss substitute for agriculture and foam products for material science uses.
The Atlanta-based company said the expansion would double its processing capacity and add 56 jobs over the next few years.
BCforward is scheduled to announce the expansion Thursday morning during an economic development event at its offices at 9777 N. College Ave.
The announcement came Tuesday during a groundbreaking for the planned five-story, 120,000-square-foot office building at the southeast corner of Illinois Street and Fidelity Way.
The third-party logistics company said it plans to increase its workforce by 50 full-time workers over the next five years.
Grinds LLC—which produces pouches of flavored coffee designed as a healthy alternative to chewing tobacco—plans to invest $6.7 million and create 56 jobs.
Winamac-based BraunAbility plans a $7.5 million expansion project that includes moving its headquarters to Carmel and building a new research and technology center.
Several cities were quick to renew their courtship of Amazon after a report Friday that the e-commerce giant was reconsidering its plan to open a 25,000-worker H2Q campus in New York City. Indianapolis wasn’t among them.
Kerauno, an Indianapolis-based communications workflow software company, plans to spend $5.2 million to open a new downtown headquarters.
The mayor and Indianapolis’ economic development agency said their negotiations with companies this year resulted in 74 relocation or expansion deals leading to pledges of 13,320 new or retained jobs.
The Brookings Institution report found that the situation is especially dire for Hoosiers without college degrees and said the state shouldn’t incentivize jobs that don’t pay middle class wages and benefits.
Business and political leaders at the annual Engage Indiana event stressed the importance of public and private collaborations in helping improve communities and retain workers.
The state’s lead economic development agency on Tuesday said that it has already surpassed last year’s annual record for job commitments.
Elevate Ventures, Bloomington-based incubator The Mill and the Columbus Area Chamber of Commerce on Thursday announced they have entered a three-year agreement to invest $2.5 million to bolster the entrepreneurial ecosystems in Bartholomew, Brown and Monroe counties.
Spur Interactiv announced plans Friday to add 33 employees in downtown Indianapolis by the end of 2022.
