Toyota, Mazda seeking $1B in incentives for joint car factory
Indiana is among more than a dozen states trying to land the $1.6 billion project, which could require a generous outlay from the winning locale.
Economic Development Agencies
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Manufacturer plans $8 million plant, 87 jobs in Westfield
A locally-based subsidiary of Japan-based Toyota Industries Corp. plans to spend $8 million to build a 90,720-square-foot factory east of U.S. 31 near 196th Street.
Fuzic planning to add more than 250 jobs in Fishers by 2020
The company, which sells software for on-site audio marketing, intends to spend $3.7 million to triple its office footprint in Fishers’ Nickel Plate District.
KAR Auction Services planning $80M HQ project in Carmel
The Carmel-based vehicle reseller announced Tuesday that it intends to develop a new corporate campus that includes a 250,000-square-foot headquarters that provides room for 400 additional employees.
Hamilton County employers try to fill thousands of positions as jobless rate falls
No particular industry sector appears safe from the impact, as the county’s unemployment rate falls below 3 percent. Companies in health care, information technology, advanced manufacturing and construction are all struggling to find workers.
Could central Indiana be candidate for Amazon’s proposed second North American HQ?
State economic development officials won’t comment on whether they plan to submit a proposal for the $5 billion development, but a local site-selection expert said pursuing Amazon is “too good of an opportunity” for the state to pass up.
Indianapolis airport hopes to see cargo boost from new Paris flights
The Paris flights, announced Wednesday, may lessen the urgency local officials feel to attract a direct flight from Indianapolis to London. Delta Air Lines stands to land $5.5 million in incentives if it can keep the flights filled.
Indianapolis lands first nonstop transatlantic flights
The state’s first-ever nonstop transatlantic air service—provided by Delta Air Lines from Indianapolis International Airport—will begin in the spring, airport officials announced Wednesday afternoon. The state is kicking in up to $5.5 million to land the flights.
Farm equipment maker calls off $12.5M Shelbyville project
Krone North America Inc. has canceled plans to move its headquarters from Tennessee to Shelby County, where it had been planning to hire 101 people.
Allegiant to open $40M aircraft base at Indianapolis International
The Las Vegas-based airline said the Indianapolis base will create 66 high-paying jobs and allow the company to offer more routes from Indianapolis in the future.
Developer of $37M downtown apartment project seeks new construction schedule
Investment Property Advisors needs the adjustment to still qualify for a property-tax abatement tied to a second phase to its 9 on Canal apartment project.
Indianapolis-based grading-software startup plans to add 102 workers by 2021
Mimir Corp., which relocated its headquarters from West Lafayette to downtown Indianapolis last month, sells software that automates computer science grading and checks for plagiarism. It’s used by more than 80 universities worldwide.
Lebanon OKs incentives for massive distribution center
The Lebanon City Council on Monday night unanimously approved more than $2 million in tax incentives to lure a fast-growing logistics company that has proposed opening a major distribution center that would employ nearly 1,200 people.
Pharmakon collected $560K in incentives before ceasing operations
Noblesville-based Pharmakon had a history of making state and local incentive agreements before suspending operations last year after a Food and Drug Administration investigation uncovered safety issues and possible criminal activity.
City set to solicit new ideas from developers for Old City Hall property
The city of Indianapolis is going back to the drawing board in its quest to redevelop Old City Hall after a proposal to turn the historic downtown property into a 21c hotel fell apart.
Holcomb: Paris trip chance to ‘sell, sell, sell’ state’s potential in aerospace
Indiana already has a burgeoning aerospace industry with players such as Rolls-Royce, GE Aviation, and Raytheon Co., but economic development officials say further growth is possible.
Indiana names new head for Community and Rural Affairs office
A state office that helps Indiana's communities with economic development plans has a new leader.
Subaru supplier adding more than 100 Boone County jobs as part of $57M expansion
A joint venture of two Japanese companies that makes steel frames and other parts, primarily for Subaru, said it will double the size of its Jamestown plant to 250,000 square feet.
Knowledge Services plans $17M Fishers HQ, 400 additional jobs
The company, now headquartered in Castleton, plans to build an 80,000-square-foot office building on USA Parkway, to the north of 106th Street, along the busy Interstate 69 corridor, it announced Tuesday afternoon.
City moves to beautify former Outlaws Motorcycle Club compound
As a U.S. attorney, Joe Hogsett was instrumental in arresting dozens of people connected to the club in a 2012 raid. As mayor of Indianapolis, Hogsett wants to transform the infamous site into a park or other community gem.