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.
Hendricks County-based Safe Hiring Solutions LLC and sister company Safe Recruiter Solutions on Thursday announced plans to expand operations in Indiana.
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.
Lewellyn Technology plans to add a training center to its current headquarters.
Indianapolis officials had success recovering $1.2 million from Mexico-bound Carrier Corp. In the case of Rexnord Corp., which announced a tentative plant closure last week, the incentives in play could be far less.
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.
Avept Inc., a distributor of powersports and automotive parts, said it will spend $6.3 million to buy, renovate and equip a 100,000-square-foot building in the Hendricks County community.
The parent company of National Wine & Spirits, has applied to the city for a property-tax abatement on the project that will save it an estimated $335,243 over the eight-year abatement period.
According to a tax-abatement application with the city, FedEx plans to install $170 million in new package-sorting equipment, while adding 27 full-time jobs and 178 part-time jobs. It would also retain 728 full-time and about 3,200 part-time workers.
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.
Conveniently located just west of Interstate 65 between State Road 32 and State Road 39, the 1,250-acre Lebanon Business Park is already home to several large food manufacturers.
A company that sold more than 160,000 trucks last year intends to spend $12.35 million to lease and equip a 283,500-square-foot facility for sending parts across the Midwest.
The company will locate in the Lebanon Business Park and pay salaries “well above $20 per hour,” an economic development official said.
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.
