Greenwood exploits creek for ‘riverfront’ district
As part of its effort to add redevelop its downtown, Greenwood is putting an unusual asset to use: a meandering minor waterway that in spots is not much wider than a drainage ditch.
Economic Development Incentives
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Hogsett, Develop Indy tout efforts to foster jobs, corporate investment
The mayor and Indianapolis’ economic development agency said their negotiations with companies this year resulted in 74 relocation or expansion deals leading to pledges of 13,320 new or retained jobs.
Report says central Indiana faces dearth of ‘good’ jobs—so OneAmerica raises some salaries
The Brookings Institution report found that the situation is especially dire for Hoosiers without college degrees and said the state shouldn’t incentivize jobs that don’t pay middle class wages and benefits.
Indianapolis manufacturer planning move to Westfield
Indianapolis-based metal additive manufacturer 3rd Dimension Industrial 3D Printing has plans to move into a building in Westfield that is six times larger than its current facility.
Car parts maker planning to triple workforce in Richmond
The subsidiary of Israel-based Omen Casting Group wants to boost production to help meet demand in America and Germany for its aluminum drivelines, steering components and oil pumps.
Digital marketing firm planning downtown expansion
Spur Interactiv announced plans Friday to add 33 employees in downtown Indianapolis by the end of 2022.
Brazilian ag-tech firm picks Indiana for U.S. HQ, plans 334 jobs
Solinftec said Thursday it would invest $50.6 million to establish operations in the Hoosier state. The company makes technology that helps farmers collect and analyze data to increase crop returns.
Indianapolis engineering service provider to relocate to Noblesville
Applied Intelligence Corp. on Tuesday received preliminary approval for tax incentives based on its plan to build a new headquarters in Noblesville.
Miami-based media company to open Indianapolis office, hire 150 workers
Terraboost Media—which places hand-sanitizer dispensers with poster-size advertisements in businesses—picked the northeast side for its fourth U.S. office.
City-County Council OKs $30M incentive deal with Dow Agro successor
The City-County Council on Monday approved a plan to provide Corteva Agriscience with $30 million in incentives to maintain operations in Indianapolis, but not without reluctance from some council members.
IT company HighPoint Global to expand local operations
The Indianapolis-based firm, which focuses on tech services that help government agencies communicate more effectively with constituents, plans to add 60 employees.
Lawn care equipment manufacturer plans 58 jobs in Lebanon
Startup Steel Green Manufacturing recently moved into a manufacturing facility in Lebanon and plans rapid growth over the next four years.
Here’s what Amazon is getting, giving in site selections
Amazon stands to get nearly $2.5 billion in tax breaks and other incentives as part of its deals to open up two new East Coast offices and an operations hub in Tennessee.
AMAZON UPDATES: Indy officials pushed three sites for HQ2, showed off Mass Ave during visit
When visiting Indianapolis in March to gather intelligence on the city’s HQ2 bid, Amazon officials had two meals at hot restaurants on downtown’s northeast side and toured three potential sites for the $5 billion project.
Deal to give Dow Agro successor $30M in incentives rankles some councilors
A panel of City-County Council members on Monday advanced a plan to provide Corteva Agriscience with incentives to maintain operations in Indianapolis, but not before several councilors expressed objections.
Packaging manufacturer plans $106 million plant in Lebanon
A British company with packaging plants around the world plans to build a 550,000-square-foot manufacturing facility just southwest of Interstate 65 that will employ 140.
Auto industry supplier plans $90 million Indiana expansion
A Japan-based automotive industry supplier plans to spend $90 million to expand its manufacturing operations in Indiana, the company announced Tuesday.
Three small manufacturers to add more than 100 jobs in central Indiana
Companies that brew tea drinks, pop-up campers and jewelry in central Indiana are among 22 manufactures that announced plans Friday to locate or expand their operations in the state.
Swiss security-products maker plans 165 jobs at north-side operations
Dormakaba Group plans to nearly double the size of its manufacturing operations on the north side of Indianapolis in an expansion that’s expected to retain hundreds of jobs in Indianapolis.
Lawmakers consider tax-credit changes, another round of Regional Cities funding
Economic development officials from across the state presented a plan to the Fiscal Policy Committee that would establish a $100 million regional development tax credit and offer $150 million more for the Regional Cities Initiative.