Indianapolis-based CraftMark Bakery plans $56 million expansion
The industrial bakery is seeking local tax breaks in connection with the project, which is expected to create 118 jobs over the next three years.
The industrial bakery is seeking local tax breaks in connection with the project, which is expected to create 118 jobs over the next three years.
The investment in new equipment would ramp up the speed of sorting and handling at the 2.4 million-square-foot hub, as well as create about 125 full-time jobs and 450 part-time positions.
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.
As it adds the Ascent SUV to its roster, the Subaru of Indiana Automotive plant in Lafayette plans to boost its already enormous workforce by as many as 200 employees by the end of 2018.
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.
New Jersey-based U.S. Cold Storage plans to add 100,000 square feet to its existing 200,000-square-foot refrigerated warehouse and logistic-services facility.
The Boston-based insurer said it will lease 56,000 square feet in the Parkwood Crossing office complex to accommodate the expansion.
Officials in the area plan to offer incentives to businesses moving to the area or providing goods or services for existing companies in the region.
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.
The Irvine, California-based company said it will spend $40 million to lease, renovate and equip a 590,000-square-foot facility in the River Ridge Commerce Center in Jeffersonville.
Fort Wayne Metals expects to add employees in all areas of the business, including production and maintenance, regulatory compliance and environmental safety.
An Indy Chamber spokesman said Wednesday morning that the bid “has been sent as of last night to arrive ahead of the Oct. 19 deadline.”
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.
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.
CleanSlate Technology Group, a reseller of IBM products that also provides consulting services, said it will invest more than $1 million to expand its headquarters to accommodate the additional workers.
Central Indiana is facing crunch time in its push to bid for the Amazon HQ2 project, with pitches to the Seattle-based company due Oct. 19, less than two weeks away.
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.