GM supplier plans opening factory near Fort Wayne
A Canadian-based General Motors supplier plans to open a new facility near Fort Wayne and hire up to 160 workers in the next few years.
Economic Development Incentives
Articles
Benefits firm to continue growth spurt, add 25 jobs
Nyhart Actuary & Employee Benefits plans to invest $840,000 to lease and equip an expansion of its Indianapolis headquarters, and already has started hiring.
New Hostess owners want abatement for equipment
The new owners of Hostess Brands are seeking a tax abatement to support investment of $10 million in new equipment for a plant on the east side that could employ up to 145 people.
Greenwood sues over failed pharmaceutical facility
Greenwood Mayor Mark Myers says city officials had tried for months to help with talks with possible investors for Elona Biotechnologies, without any progress.
Manufacturer plans $30.2M expansion in Franklin
NSK Corp. and NSK Precision America Inc. said the project will allow them to hire 46 additional workers by 2016 at their 63-acre corporate campus.
Miller Pipeline plans $5.3M expansion, more jobs
The Indianapolis-based subsidiary of Vectren Corp. plans to construct a 52,000-square-foot building at its 34-acre corporate campus at 8850 Crawfordsville Road.
Former Indy Chamber prez scores consulting work
Scott Miller, who resigned from the chamber post after less than two years to follow his entrepreneurial bent, will help two local startups get off the ground.
Mainstreet plans $9.2M nursing home on northwest side
The 65,000-square-foot nursing-home and assisted-living facility would feature an Internet cafe, movie theaters and restaurant-style dining with an on-site chef.
FedEx seeks to build $34M distribution hub at Ameriplex
FedEx is looking to nearly double the size of its SmartPost distribution operations on the city's southwest side by building a bigger hub at the Ameriplex Indianapolis business park.
Oesterle sells land to Angie’s List, reaping millions
Angie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s the property, at well above its assessed value.
Manufacturer planning expansion, 100 jobs in Boone County
CNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million expansion in Lebanon.
Broad Ripple telecom firm plans big growth, 183 jobs
Founded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and plans to invest $4.1 million as it aggressively hires new employees.
Development may spawn TIF tug of war
The developer of a $17 million mixed-use project proposed for Broad Ripple is expected to seek a city subsidy—support that at least one City-County councilor believes should be reserved for neighborhoods starved for investment farther south.
Review finds no conflict in state’s deal with Mainstreet
Gov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
Subaru planning major expansion in Indiana
Subaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed on the matter says.
Governor taps ex-WellPoint CEO Braly for IEDC board
The appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the Indianapolis-based health insurer in August.
Grand Design RV plans 500 jobs in Elkhart County
Grand Design RV in Middlebury on Thursday said it plans to locate its headquarters and manufacturing operations in the Elkhart County town about 30 miles east of South Bend.
RV parts maker plans 800 jobs, new HQ in Indiana
Northern Indiana's recreational vehicle industry is getting a boost with the relocation of RV components producer Drew Industries Inc. to Elkhart and its pledge of up to 800 new jobs by 2017.
IEDC deal with Mainstreet put on hold by Pence
Gov. Mike Pence asked the Indiana Economic Development Corp. on Monday to review its decision to grant $345,000 in economic incentives to a company started by a top Republican lawmaker and his son.
House sends governor IEDC transparency bill
The state House of Representatives sent Gov. Mike Pence a bill Tuesday that requires the Indiana Economic Development Corp. to make job-creation reports transparent to taxpayers and policy makers.