High-end tool maker expanding again in Lebanon, adding 65 jobs
Headquartered in Lebanon, Festool USA plans to add 80,000 square feet to its existing facility and has received tax incentives for the project from both the city and state.
Headquartered in Lebanon, Festool USA plans to add 80,000 square feet to its existing facility and has received tax incentives for the project from both the city and state.
A national credit-reporting and mortgage-data company founded in San Diego plans to spend nearly $3.6 million to establish its headquarters and operations center downtown in the Landmark Center.
The company could receive up to $1.025 million in state tax credits as part of its expansion plans, which include adding 2,000 square feet to its Fishers office.
A Fortune 500 company will invest $16.4 million in Boone County as it shutters warehouses in Illinois and Tennessee and consolidates those functions here.
The project from Louisiana-based Sazerac Co. is expected to create up to 110 jobs by 2021.
SF Motors Inc., a Silicon Valley-based electric vehicle developer and manufacturer, said it could hire as many as 200 workers at the Indiana plant by the end of the year.
An Indianapolis City-County Council panel on Monday night unanimously advanced proposals that would help Duke Realty Corp. move its headquarters from Carmel to a new $28 million office building it would build in Indianapolis.
The company's U.S. hiring spree will bring its services closer to its sizable customer base in this country, although industry analysts said the change could increase costs and undercut profit.
The economic development deal marks the largest jobs commitment the Indiana Economic Development Corp. has received since the agency was established in 2005. But it’s not the largest incentive package the state has offered.
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Gov. Eric Holcomb and state economic development officials have been pushing Infosys in a series of meetings to make Indianapolis a major training campus for the thousands of employees it plans to hire across the country.
Indiana's governor is planning economic development trips to Israel and Europe that will include taking the first nonstop commercial flight from Paris to Indianapolis.
Bill Taft, leader of the influential Indianapolis office for the Local Initiatives Support Corp. since 2005, has been named senior vice president for economic development for LISC National.
An Indianapolis City-County Council member has signed onto a pact with two other council members from the cities of New York and Austin, Texas, to oppose the “tax-break bidding war that Amazon has begun” in pursuit of its second headquarters.
Three fledgling businesses that trace their roots to co-working space Launch Fishers announced growth plans Tuesday that are expected to lead to $2 million in capital investments in Fishers.
Its $1.5 million investment is expected to help B2S Life Sciences more than double its staff and grow its client base, which includes contract research groups, pharmaceutical firms and biotech startups.
Indianapolis-based Earthwave Technologies Inc. is doubling the size of offices on the city’s northwest side.
EmployIndy’s goal is to reach 6,000 young people with job-training and education programs during the next two years.
The Indianapolis-based firm, which connects high-growth tech ventures with resources that help them scale up, is expanding into four cities this year and dozens more by 2022.
The online grocery delivery service had pledged to invest $6.5 million in a distribution center on the city’s east side and expected to create 238 jobs by 2018.