New Indiana commerce chief focuses on small companies
The new head of the Indiana Economic Development Corp. says the agency is turning its focus to smaller companies and getting them to relocate to the state so they can build their roots.
Economic Development Agencies
Articles
Turkish manufacturer selects Muncie for U.S. headquarters
Kermit USA, a manufacturer and distributor of resin-composite roofing systems, plans to add 70 jobs by 2016 as part of a $12.5 million expansion in the Delaware County city.
Heartland Sweeteners plans $10M upgrade to Indy plant
Heartland Sweeteners LLC plans to spend nearly $10 million to upgrade its Indianapolis plant and potentially boost its work force there by 39 employees in the next five years.
Unproven entrepreneur promises 1,100 local jobs
A West Hollywood businessman hopes to build hundreds of trucks outfitted with giant video screens. The product is unproven and so is Bob Yanagihara, the ambitious 50-year-old behind it.
Indiana making hay from Illinois’ tax mayhem
Many Illinois firms are serious about moving or expanding out of state—and Indiana economic development officials are racing to capitalize.
Software firm plans to open downtown office, add 250 jobs
Massachusetts-based Kronos Inc., a work force management software firm, plans to create 250 jobs by 2015 as part of a $5.1 million expansion to Indianapolis. The company will occupy 31,000 square feet in downtown’s PNC Center.
Manufacturer to beef up Frankfort operations, adding 160 jobs
LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.
Printing manufacturer to expand in Tipton, create 35 jobs
Bottcher America Corp. will invest $2.1 million to purchase new gear and create a 30,000-square-foot addition to its current facilities.
Furniture manufacturer plans expansion, 120 more jobs
Goshen-based Wieland Designs Inc. said it will add the jobs by 2015 as part of a $1 million investment to improve existing facilities and purchase specialized machinery to enhance production.
Kodak official: Company keeping R&D center in Ohio
Eastman Kodak Co. reportedly looked at relocating a 500-person research-and-development center to Indiana, but will instead stay put in Ohio, according to a company official.
Steering parts manufacturer plans local expansion
Bishop Steering Technology Inc., an Indianapolis company specializing in designing rack-and-pinion steering gear, plans to expand, creating 25 additional jobs by 2014, the Indiana Economic Development Corp. said Friday.
Indiana trade delegation leaves for Japan after delay
An Indiana trade delegation led by Lt. Gov. Becky Skillman is on its way to Japan after being delayed by a typhoon.
Auto parts manufacturer to open plant in Steuben County
Michigan-based CTA Acoustics Inc. plans to add 140 jobs by 2014 as part of a $9 million plan to open a plant in the town of Orland in northeastern Indiana.
Typhoon delays Indiana trade mission to Japan
A trade mission by Indiana government and business leaders to Japan is being delayed because of a typhoon expected to hit the island nation.
Cities now can offer companies cash for local hires
For the first time, cities and counties in Indiana can use local income-tax revenue to offer companies cash rebates for new jobs that go to local workers.
Education not-for-profit moving to city, plans to add 44 jobs
Project Lead the Way Inc., a New York-based provider of education curricular programs for middle and high schools, will move its headquarters to Indianapolis and plans to add 44 jobs by 2014.
Wind-turbine company moving into Evansville plant
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
Rail firm says it won’t reach 650-jobs goal in Muncie
Progress Rail Services, which said last October that it would create up to 650 jobs in Muncie by 2012, now expects to employ just 250 people at the plant by the end of next year, according to a magazine.
Trailer manufacturer adding 200 jobs in northeastern Indiana
Howe-based Cruiser RV LLC will begin hiring this month as part of an $850,000 expansion to add a new production line in nearby LaGrange.
Commerce leader Roob leaving IEDC for private sector
The state’s Secretary of Commerce is stepping down to lead WoundVision LLC, an Indianapolis-based health care technology firm.