Noblesville considers $2.4M incentive deal to retain tech firm
Noblesville Mayor John Ditslear is offering incentives to a homegrown e-commerce consulting firm with the hope another city doesn’t steal it away.
Economic Development Incentives
Articles
Lubricant company to boost production, hire 25
Lebanon-based D-A Lubricant Inc. on Tuesday announced plans to expand local operations as it relocates production of a Pennsylvania company it acquired last year.
City-County Council panel OKs incentives deal for Angie’s List
An Indianapolis City-County Council committee approved a proposal Monday night calling for the city to issue $18.5 million in bonds to support the expansion of Angie's List Inc.'s east-side headquarters.
Local data-analysis startup plans to add nearly 50 workers
Perscio LLC announced Tuesday that it hopes to add 48 full-time employees making an average wage of $43 per hour by the end of 2019.
Pork purveyor to build $43.5M facility, hire 260
John Morrell Food Group, one of the oldest meat manufacturing firms in the nation, plans to build and equip a massive refrigerated distribution center just east of Indianapolis.
Fastenal plans local manufacturing site, 97 new jobs
The company is seeking a property-tax abatement from the city worth an estimated $263,444 to make the plan possible.
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.
Council panel tables Angie’s List request until next month
A decision on whether to provide more than $18 million in city incentives to consumer review service Angie's List was delayed Monday night by a City-County Council committee.
Indiana city to consider $7M in incentives to keep plant open
General Mills announced earlier this month it planned to close its refrigerated goods plant that employs 400 by mid-2016.
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.
Aircraft repair firm opens facility near airport
AeroRepair Corp., a Londonderry, New Hampshire-based aircraft maintenance service provider, is set to receive incentives from the state in return for creating 27 jobs in Indianapolis.
Auto parts plant preps for $11M investment
The Seymour City Council this week approved a 10-year phase-in of property taxes for the investment by Valeo at its automobile lighting factory with about 1,600 workers.
Sixteen firms promise Indiana expansions, 2,100-plus jobs
Nine of the 16 firms who announced their plans with state officials Thursday expect to boost operations and employment in the Indianapolis area, forecasting 933 jobs.
Drug delivery firm plans distribution center, 46 jobs
Simple Meds LLC, an Indianapolis-based startup, is seeking a city tax break that will help it open a local distribution facility and hire up to 46 people by the end of 2020.
Cummins would save $4.3M with distribution HQ tax break
Approval of the deal is essentially guaranteed, as Cummins and Indianapolis officials together have heralded the downtown project and its potential economic benefit.
Price tag for Walmart e-commerce center to hit $102M
The retailer has finalized a contract for state incentives on the 1.1 million-square-foot project, pledging to hire 303 workers by the end of 2015.
Association manager plans headquarters expansion
Raybourn Group International plans to expand its corporate headquarters in Indianapolis and add as many as 35 workers over the next nine years, the company announced Tuesday.
Georgia-based wire maker plans Indiana expansion
The country's largest wire and cable manufacturer says it will expand its northern Indiana operations and add as many as 100 workers by the end of 2016.
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.
Auto part manufacturer to open Evansville plant
Fisher Dynamics said Wednesday that it will create 169 jobs within two years of the opening of a 113,000-square-foot manufacturing facility in Evansville.