Lagging promises, Peapod agrees to terminate 7-year tax break from Indianapolis
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.
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.
Founded in 2016, the Indianapolis-based company created an app that matches food-service establishments with professionals seeking work.
Direct Connect Logistix has left the Stutz building for more space in the Cosmopolitan on the Canal building as part of its plan to add as many as 90 workers by the end of 2020.
Thyssenkrupp Steering will create 64 new jobs and plans to move existing positions from its operations in Indianapolis to the new location at Exit Five Parkway.
The developer-backed bonds will support a 87-unit, $18.9 million mixed-use apartment building that’s been in the works for about two years.
Moser Consulting Inc. plans to spend more than $1.5 million at its local headquarters to accommodate the expansion.
The 5-year-old company said it will spend about $2 million to improve its existing 10,000-square-foot downtown office.
The IEDC, which leads the state’s economic development efforts, said it secured 293 commitments in 2017 from companies around the world to locate or expand in Indiana.
The expansion is the second for the student loan giant in Indianapolis in less than two years.
A Bangalore-based engineering firm that announced plans in November to open a $10 million North American headquarters in Indiana has chosen Columbus for the facility, state officials announced Wednesday.
Both companies are expected to receive economic development incentives from the city of Zionsville and the state.
A company founded a year ago by prominent local tech entrepreneur Don Brown expects to pay average salaries of $156,000 a year in new space at the IU Emerging Technology Center.
The announcement caps off what officials are calling a record year for economic development in the northern suburb—commitments for 2,185 new jobs and $64.5 million in capital investment.
The company said it will renovate and update equipment at its 10,000-square-foot facility at 9128 Technology Lane, west of the Interstate 69 and State Road 37 exit.
So far in 2017, businesses have pledged to create as many as 28,846 jobs in coming years in Indiana as part of incentive deals with the state.
Mark Howell, who has been Angie’s List’s chief operating officer since 2013, will start his new job at the manufacturing and logistics advocacy group in January.
Clinical Architecture is spending $4.2 million on its new headquarters space while seeking software developers, clinical experts, salespeople and product managers.
Dia&Co says it will employ 500 workers in the next four years at the distribution hub. An additional 372 employees could be hired at a planned customer service center, according to an agreement with the state.
The 25-year-old company said it expects to spend $13 million and add up to 75 jobs at the plant by 2021.
Netfor, which already has 119 Indiana employees, said it has begun hiring for positions in sales, customer service, cloud support and field operations.