Food producer relocates to southern Indiana from Illinois
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.
Economic Development Incentives
Articles
State offered $24M in incentives to companies offshoring jobs
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.
Indiana names 14 ‘Companies to Watch’
Companies to Watch recognizes high-performing, second-stage businesses that are developing innovative products and business practices.
Lebanon seeks to be food-sector hot spot
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.
Trucking giant pegs Whitestown for parts distribution center, 45 hires
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.
Ken’s Foods plans $90M plant, 150 jobs in Lebanon
The company will locate in the Lebanon Business Park and pay salaries “well above $20 per hour,” an economic development official said.
Geofeedia cuts Indy marketing operations in reorganization, loses local leader
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.
Salesforce poised to receive city tax break on tower expansion
Salesforce would save about $3 million on the tax exemption, if the City-County Council designates a downtown office tower as a high-tech. The tax break would come on top of major incentives deal already promised by the state.
Mobi Wireless considers 500-employee expansion at Zionsville HQ
Mobi Wireless Management LLC, which sells cloud-based software that helps companies manage mobile devices, currently has about 310 employees at 6100 W. 96th St. in Northwest Tech Park.
County council terminates tax-break deal for EnerDel
The once-heralded battery maker with big plans ceased operations in Hancock County last year and doesn’t plan to resurrect them.
County council to decide fate of EnerDel tax break
Hancock County officials are set to terminate a tax incentive agreement with EnerDel Inc., the once-heralded battery maker with big plans that since has vacated its facility in the county.
Canadian bakery makes Brownsburg its U.S. headquarters
Weston Foods is investing $1.6 million to renovate its 20,000-square-foot production facility in Brownsburg for its subsidiary Maplehurst Bakeries LLC. It plans to add 15 jobs.
Software firm plans 272-job expansion under new name
Indianapolis-based software firm TinderBox Inc. has changed its name and is planning a downtown expansion that could create up to 272 jobs by the end of 2021, it announced Monday morning.
Manufacturer plans $97M expansion, 150 jobs in Shelbyville
Ryobi Die Casting USA said it plans to grow its operations with the acquisition of a 350,000-square-foot building. The company already has 860 employees in Shelbyville.
SteadyServ relocating headquarters from Carmel to Fishers
The beer management software firm said it would be relocating its offices to the new Four Day Ray Brewing facility on the corner of Lantern Road and North Street. It intends to double its local employment to more than 80 over the next two years.
Toyota parts supplier adding 160 jobs in expansion
Toyota Boshoku Indiana LLC has launched a $10.6 million expansion of its plant in Princeton.
Noblesville’s development strategy emphasizes local company expansions
The city’s investment in the retention and expansion of more mature, existing businesses has been paying off.
Local technology firms plan expansions, 77 new jobs
Two local technology firms are making plans to expand their operations in Indianapolis, adding a total of up to 77 employees over the next four to five years, the companies announced Wednesday morning.
Sallie Mae lands $2.4M in tax incentives for local expansion
As IBJ first reported Thursday morning, Newark, Delaware-based Sallie Mae plans to spend $15.7 million on the new office at 8425 Woodfield Crossing in northeast Indianapolis and add 278 workers to its existing staff.
Sallie Mae planning hundreds of jobs at new Indy office
Student loan provider Sallie Mae Bank is expected to announce plans Thursday morning to spend nearly $16 million on a collections office and call center that will hire up to 278 people before the end of 2023.