Packaging manufacturer plans to expand, add 32 jobs
Cicero, Ill.-based Royal Box Group LLC said it plans to add 32 employees by 2017 and spend $3.8 million to build and equip a new plant in Greenfield.
Economic Development Incentives
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Web services firm plans downtown office, 300 jobs
San Francisco-based cloud-computing service provider Appirio Inc. said it will spend $2 million to open an office in downtown Indianapolis’ Pan Am building, where it will employ 300 by 2015.
Bell Techlogix plans local expansion, 204 jobs
The provider of information technology services said it will lease, equip and renovate part of a 100,000-square-foot facility on the city’s northwest side as part of the $1.4 million expansion. Bell has about 450 employees in the metropolitan area.
Anderson seeking new Nestle production line
Leaders of a central Indiana city are trying to persuade Nestle to pick it for a new production line at an existing plant that could add about 100 jobs.
EDITORIAL: Time to break TIF logjam in Indianapolis
Republican Mayor Greg Ballard’s aides says delayed action on funding proposals could jeopardize pending economic development proposals.
RV parts suppliers plan to add 260 jobs in Indiana
Lippert Components Manufacturing Inc. and Kinro Manufacturing Inc., divisions of White Plains, N.Y.-based Drew Industries Inc., said they will bring the jobs to Elkhart and Goshen by 2015 as part of a $3.7 million expansion.
Marketing software firm CIK plans to expand, add 57 jobs
CIK Enterprises LLC, a marketing software and services firm, plans to add the jobs by 2016. The company will continue to lease a 30,000-square-foot facility on the city’s west side.
Showdown escalates in City-County Council over TIFs
Redevelopment of the Massachusetts Avenue fire station could remain in limbo for the foreseeable future, as Mayor Greg Ballard and council Democrats enter a standoff over tax increment financing districts.
Auto parts manufacturer plans 325 jobs in Anderson
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by 2016, economic development officials announced Tuesday morning.
Bus seat maker to start production in Indiana
A German company that makes passenger seats for buses and trains plans to start its first U.S. manufacturing facility in northern Indiana, creating up to 62 jobs.
Covance plans $150M expansion, 465 jobs in Greenfield
The New Jersey-based pharmaceutical research company is seeking state and local incentives as part of the expansion, which would include a new laboratory, set to be finished in 2016. Covance already employs 565 workers at the site.
Haynes plans $23.5M expansion, 40 more jobs in Kokomo
Kokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where it makes specialty metal plates and sheets for the aerospace and other industries.
TIF study highlights district shortfalls
The tax-increment finance district created around the former United Airlines maintenance hub at Indianapolis International Airport doesn’t generate enough revenue to meet its annual debt payment. Neither do several other area TIF districts.
Medical startup plans 71 jobs, seeks incentives
The city of Indianapolis granted preliminary approval for an eight-year tax abatement to Arcamed Inc., which plans to purchase $1.4 million in equipment to design and manufacture titanium and case-tray systems for surgical instruments.
Sprayer maker plans Mooresville expansion
Mooresville-based Equipment Technologies, which makes self-propelled sprayers for agriculture, says it plans to hire 56 new people by 2015 as part of an expansion.
Turkey processor moving ahead with Indiana plant
Work could start this month on a new turkey processing plant in southwestern Indiana a company expects to open with about 350 workers.
Sound equipment retailer plans expansion, 316 jobs
A Fort Wayne-based retailer of music and sound equipment said Friday that it plans an expansion that would roughly double the size of its headquarters campus and create more than 300 jobs by 2016.
UPS plans $10 million upgrade on northwest side
United Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
Local sales tax could aid economic development
Most local economic development organizations rely on private contributions and some government money to support their efforts. But an unstable economy has led to some belt-tightening and soul searching on alternative ways to fund the associations.
Local automotive supplier in line for new city incentive
A shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van’s Electrical Systems invest $427,000 to purchase and rehab a vacant building on the city’s west side.