Articles

Indiana city advances $7M bond for Pillsbury plant

New Albany's city council voted 5-2 on Tuesday in favor of a nonbinding resolution to offer General Mills financial incentives to keep its refrigerated baked goods plant open. The plant has about 400 well-paid employees.

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Scale Computing preps to launch large expansion

Information technology firm Scale Computing Inc. has been raising money at a clip similar to other prominent local tech companies in their early days and is gearing up to increase its workforce by a factor of five.

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Kimball to move plant to Indiana, plans 160 new jobs

Office furniture maker Kimball International Inc. plans to sell its metal-fabrication facility in Post Falls, Idaho, and move the plant's operations to Indiana, creating up to 160 jobs by the end of 2016, the company announced Wednesday.

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Biotech firm Algaeon switches gears, stays in Indy

After planning a move to Westfield, Algaeon Inc. has instead leased new space in Indianapolis for a research and production facility. Planning 25 hires, it is seeking a tax break from the city on $4.9 million in new equipment.

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Upstart local casket company about to go under

Genesis Casket Co., a locally based manufacturer that appeared to be on the fast track just a few years ago, has notified the state that it plans to close its Indianapolis headquarters, ending employment for 56 workers.

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Health clinic operator plans HQ expansion, 203 new jobs

Activate Healthcare LLC, an Indianapolis-based workplace health clinic operator, plans to expand its local operations, adding as many as 203 employees over the next nine years, state economic development officials announced Friday morning.

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