Online electronics retailer Newegg Inc., which reached an inducement deal with the city in September to open a distribution center in Indianapolis, has landed even more incentives from the state, the Indiana Economic Development Corp. announced Wednesday.
The Zionsville-based firm said it will spend $1.4 million to lease and equip a 16,626-square-foot headquarters facility at Northwest Technology Park to allow for the expansion.
Rick Pease was hired by the state after a 30-year career at Columbus-based Enkei America, the North American division of a global automotive supplier.
An independent review of Elevate Ventures found the state contractor needs more oversight even though it is "substantially compliant with its investment and operational requirements,” Indiana Gov. Mike Pence's office said Friday.
Tec Air Inc. plans to transfer its current workforce of about 150 employees to its new headquarters and hire about 100 more by 2016.
A maker of porcelain products plans to invest $16 million to purchase, renovate and equip a vacant pottery production plant in Kokomo and create as many as 140 jobs by 2014.
Quebec-based Exo-s US says it will spend nearly $7 million on the factory in the LaGrange County town of Howe. It expects to open the factory next year and hire up to 250 workers by 2016.
The Indiana Economic Development Corp. announced two economic development deals Tuesday morning that will bring more than 200 jobs to Whitley County in northern Indiana.
A cabinet company announced Friday that it will hire more than 300 people over five years at a vacant former auto parts plant in eastern Indiana.
Indiana-based manufacturer Calumet Pallet Co. plans to expand by spending $2.7 million to buy and equip a new facility in northern Indiana.
An insurance brokerage will relocate its Fort Wayne headquarters to a new $71 million downtown mixed-use project and create 115 jobs by 2017, Mayor Tom Henry said Monday.
The Metropolitan Development Commission voted Wednesday to cancel a tax abatement for Indianapolis-based tech staffing firm BCForward, since it didn’t hit job-creation targets laid out in a 2009 economic development agreement.
The Indiana Economic Development Corp. said Tuesday that Pratt Industries will invest $260 million to build the recycling plant next to its existing box-making plant in Valparaiso.
Indianapolis-based technology staffing company BCForward won’t fight a Department of Metropolitan Development move to discontinue tax breaks for the firm’s Market Street headquarters.
Newegg.com is considering a $15 million distribution center in Indianapolis that would employ 150 people by the end of 2015.
Dax Norton, director of Indiana’s Office of Community and Rural Affairs, and his deputy quietly left their posts late last month, and state officials are offering no explanation for the departures.
Michael Huber is about to step out from behind the curtain. As CEO of the Indy Chamber, he’ll be the face of the metro area’s largest business membership organization, rather than the brains behind top city initiatives.
The Indiana Economic Development Corp. began last month running 15-second advertisements twice an hour promoting the state on the CBS Super Screen in Times Square.
Express Motor Vehicle Administration Corp., a provider of managed services for auto dealers, insurance companies, corporations and financial institutions, said it will create the jobs by 2015 as part of a $700,000 expansion.
The state has taken its economic development efforts to Times Square in New York City, where a couple of 15-second ads promoting Indiana are shown every hour on a 26-foot wide digital screen.
