Downtown tech firm planning to add 20 software developers
The company, which makes custom data-tracking software for its clients, plans to move into a bigger office space in the Stutz Business Center within the next six months.
Economic Development Incentives
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Japanese manufacturer plans $100M Indiana plant with 200 workers
NTN Corp. and state economic development officials announced Friday that NTN subsidiary NTK Precision Axle Corp. plans to break ground on the 300,000-square-foot facility this spring.
Holcomb seeks $4M to plan next Regional Cities round
The governor is so pleased with the progress of the Regional Cities program implemented last year that he’s seeking more money from the Legislature to advance it.
Young design firm planning 25-employee expansion
The architectural and interior design firm on Wednesday announced plans to double its office space in the Stutz Business Center.
Korean car parts maker targets Indy for U.S. HQ, 180 hires
Daechang Seat Co. is seeking tax breaks from the city for its plans to invest $16.8 million in a production facility and establish a base of operations in America.
Ganassi Racing seeking tax break for $3.5M expansion
The owner of four IndyCar racing teams says the tax abatement would help offset costs related to a 40,000-square-foot addition the company wants to build at its northwest-side headquarters.
Tech firm Levementum planning to add 175 high-wage jobs
Arizona-based Levementum LLC is on track to receive state and local incentives to help fuel the expansion of its Indianapolis office.
CEO says Bottoms Up poised for growth despite tax abatement setback
After hitting some hurdles and then switching its client focus, the maker of the novel beer-dispensing system says sales are beginning to rise.
‘Bottoms Up’ beer-dispenser maker faces tax-break termination
The Metropolitan Development Commission is slated to vote Wednesday to terminate a tax-abatement agreement with Indianapolis-based GrinOn Industries LLC, makers of the “Bottoms Up” beer-dispensing system, which fills cups from the bottom.
Job training tax credits gain steam in Legislature
Indiana employers would be able to claim tax credits to offset costs associated with training and credentialing their employees under legislation being considered by the Indiana General Assembly.
Toyota to add 400 jobs, sink $600M into Indiana SUV factory
The factory will be able to build 40,000 more Highlanders per year when the expansion is finished in the fall of 2019.
City lands $55M in federal tax credits for economic development projects
Mayor Joe Hogsett said the award of the New Markets Tax Credits will provide gap financing for "developments designed to jump-start economic development, create jobs in at-risk areas and revitalize distressed neighborhoods.”
Celadon planning to add 375 jobs as part of expansion
The Indianapolis-based trucking and logistics company, which is building a $28 million corporate campus in Hancock County, has been approved for almost $3 million in state economic incentives.
Health care management firm plans to open Carmel office, hire up to 125
Green Circle Health's client services center will provide remote health care and coaching for customers across the country, focusing in part on improving the coordination of care for chronic diseases.
New commerce chief Schellinger could make up to $300,000
A revamped Indiana Economic Development Corp. pay structure awards its executives incentive pay if they meet certain performance metrics.
Financial consulting executive Bedel tapped as IEDC president
In addition to naming the president of the Indiana Economic Development Corp., Gov.-elect Eric Holcomb on Thursday picked a leader for the Indiana Department of Transportation and someone for a new position to fight substance abuse.
Sports apparel maker planning to add 192 workers at local plant
BSN Sports LLC plans to spend $2.4 million to improve its sportswear production facility on the city’s northwest side.
State eco-devo agency inked fewer incentive deals in 2016
The Indiana Economic Development Corp. said the decline in deals is a good thing because it reflects a strong Hoosier economy.
GM stamping plant site going back on block
The owner of the former General Motors stamping plant property plans to solicit bids for the site as early as next month and is expecting proposals to be much bolder than previous pitches.
Diabetic shoe maker strides to Zionsville, plans 25 jobs
Healer Health makes shoes under the brand name I-Runner. It’s moving its operations from Kentucky to Zionsville next month.