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.
Delta Air Lines Inc. is in line for up to $5.5 million in state economic development incentives when it launches its nonstop flights between Indianapolis and Paris—but only if it sells enough tickets.
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.
The company, which last November announced plans to double its workforce, plans to occupy half of a $3.5 million building that would be constructed near the Nickel Plate District Amphitheater.
The projects are coming up now because the city has six months left to take advantage of more than $30 million in a federal loan guarantee program that it was awarded in 2012 by the U.S. Housing and Urban Development Department.
The visit occurred the week of March 19, the same week Amazon officials were reported to have visited Chicago for two days.
A food-packaging maker and one of the world’s largest bearing manufacturers have plans to spend more than $22 million and lease more than 400,000 square feet of space in Boone County if tax incentives are approved.
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.
The largest private employer in Noblesville is planning a mammoth new facility and dozens of new jobs at its North American headquarters campus.
The company said it would spend $1.3 million to build a 19,000-square-foot addition and another $3.65 million to equip it.
The proposal would establish a public arts program and a Public Art Commission in the state’s second-largest city.
Indiana lawmakers didn’t propose any measures aimed specifically at attracting Amazon’s second headquarters, nor did they pass two bills that might have enhanced central Indiana’s bid.
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.
The House Ways and Means committee on Tuesday made big changes before unanimously passing Senate Bill 50.
The city’s Metropolitan Development Commission on Wednesday approved a personal property tax abatement to support CaptiveAire Systems Inc.’s expansion plan.
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.
