Indy Partnership may reduce role in job recruitment
A merger among local economic development organizations could further diminish the role Indy Partnership plays in recruiting jobs to the city and region.
Economic Development Agencies
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Booster groups Indy Partnership, Develop Indy to merge
Local economic development groups Indy Partnership and Develop Indy plan to combine operations to save money and more effectively pitch the city and region to potential job creators.
Illinois governor responds as states try to poach jobs
Gov. Pat Quinn has a message for New Jersey Gov. Chris Christie and officials from other states trying to lure jobs from Illinois: Back off.
Michigan City snack-food baker adding up to 100 jobs
Hearthside Food Solutions says it will invest $3.8 million to expand its operations and hire new workers. The company bakes snack foods for such brands as Keebler, Nabisco and Kraft.
Criticism of IEDC was off-point
Professor [Morton] Marcus’ warning about the perceived under-appreciation of local economic development organizations [in his Jan. 10 column] places a spotlight on the importance of these groups and those who lead them.
Family Dollar plans 350 jobs in northeast Indiana
A $70 million investment in a new distribution center by the North Carolina-based discount retailer is expected to create up to 350 jobs. The facility should be operational by spring 2012.
HICKS: Why economic forecasting is inexact science
Forecasts are primarily used as a tool to begin, not end, conversations about business and government matters.
UPDATE: Competitors’ woes could help Fishers mortgage firm expand
Fishers-based Stonegate Mortgage Corp. plans to spend about $3 million to expand operations, creating up to 300 jobs by 2015.
Exports fueling Indiana business growth
Firms are taking matters into their own hands to open trade relationships overseas, developing export policies they hope will benefit themselves and their communities.
Medical device maker expanding in Fort Wayne
L.H. Medical Corp. said it plans to create up to 65 jobs by 2013 and invest $5.4 million to more than triple the size of its manufacturing operations.
Rail company plans new plant, 650 jobs in Muncie
Alabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open the first locomotive manufacturing and assembly plant in the United States in many years.
Ascension aims to cut costs with $10.9M service center
St. Louis-based Ascension Health announced Friday morning that it would open a professional service center in Indianapolis, creating up to 500 jobs by 2013.
Health care firm plans 500 jobs in Indianapolis
St. Louis-based Ascension Health announced Friday morning that it would open a professional service center in Indianapolis, creating up to 500 jobs by 2013.
Cummins expanding in Columbus, plans 350 jobs
Cummins Inc. announced Tuesday that it will expand its headquarters in Columbus, adding at least 350 professional employees during the next 18 months to support global operations.
UPDATE: New product, services drive ExactTarget growth plans
A new product roll-out and increasing demand for client services will drive ExactTarget's growth over the next five years, CEO Scott Dorsey said Tuesday after his firm announced that it would invest $45M and add 500 employees through 2015.
Indianapolis-area experts see bright spots amid ongoing real estate weakness
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Canadian company plans to create 175 jobs in Miami County
Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest more than $13.8 million to purchase and equip a plant in Peru, which would be the company’s first location in the United States.
Indiana commerce agency, Purdue plan California office
Officials say the Silicon Valley office will focus on attracting California companies to move to Indiana and to sell venture capitalists on ideas and research generated by Purdue faculty and entrepreneurs.
Furniture distributor plans Gas City operations
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create as many as 100 jobs by the end of the year and as many as 350 by 2013.
TechPoint unveiling ‘measured marketing’ campaign
The initiative will promote the advantages of doing business in Indiana to attract more “measured marketers.” They are companies such as ExactTarget and Aprimo Inc. that provide a platform for marketing via e-mail, social media and other technologies.