The state rarely has to dole out incentives to retain jobs. Experts differ on whether that’s likely to change in the wake of the $7 million deal state officials cut to keep an Indianapolis HVAC plant open.
Jim Schellinger, a former Democratic candidate for governor, became president last year of the Indiana Economic Development Corp. In accepting the new position, he will retire from CSO Architects, where he had served as CEO, and sell his ownership stake.
The union president slammed by Donald Trump on Twitter challenged the president-elect to back up his claim that a deal with Carrier Corp. would save 1,100 jobs in Indianapolis.
Zionsville-based Clear Software LLC is planning a major expansion that could transform it from a small startup into large tech firm with almost 200 workers.
President-elect Donald Trump on Thursday said he wasn’t specifically talking about Carrier when he said on the campaign trail that "Carrier will never leave" America if he was elected president. But it didn’t stop him from trying.
President-elect Donald Trump’s job-retention deal with Carrier Corp. could have symbolic value, some business and economic experts say, but isn't likely to alter long-term manufacturing trends.
Carrier Corp. was motivated to retain 1,000 manufacturing jobs in Indianapolis by a state incentive package and the possibility of losing a “favorable relationship with federal contractors,” according to a prominent IEDC board member.
Toyota Material Handling USA Inc. said it plans to add up to 71 workers by the end of 2019 at its facility in Columbus.
During the trip, Holcomb will meet with government officials in London as well as potential investors in Indiana's top business sectors, including advanced manufacturing.
The study, funded by the Indiana Economic Development Corp., examined $30 million in state and federal funding awarded to 74 entities around the state from 2010 to 2014.
The plant closed in 2007, taking 300 jobs. It opened in 1909 and at one point produced all the gas used for heating Marion County.
Team 360 Services has expanded rapidly since starting in 2005 as a cleaner of restaurant exhaust systems. It now provides a range of fire-protection and building services and employs 300 nationally.
TriMedx, a provider of health care technology management services, said it would invest the money in its 78,000-square-foot corporate headquarters near West 71st Street and Zionsville Road and elsewhere in the state.
Ian Nicolini, 33, will serve as vice president of Develop Indy after his whirlwind tenure as town manager of Speedway. As in his previous position, Nicolini is charged with attracting companies and jobs to the area.
A Chicago-based real estate technology firm plans hire almost 50 people at a new office in Indianapolis after receiving an infusion of venture capital and potential tax breaks from the state, the company announced Tuesday.
Enjoy Life Foods said Thursday it plans to create 200 new jobs in Jeffersonville by the end of 2017. It already has hired 100 employees there.
Since Indiana Gov. Mike Pence took office in 2013, the state’s economic development agency has approved $24 million in potential incentives to 10 companies that sent work to foreign countries, according to a newspaper report.
Companies to Watch recognizes high-performing, second-stage businesses that are developing innovative products and business practices.
The Chicago-based tech firm, which planned to hire hundreds in Indianapolis and considered moving its headquarters here, has streamlined local operations. Meanwhile, top local exec R.J. Talyor has parted ways with the company.
Ian Steff will be responsible for overseeing IEDC strategies as part of Gov. Mike Pence’s $1 billion initiative to advance innovation and entrepreneurship in the state.
