Incentives flow to tech firm Positron, despite red ink
The molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
Economic Development Incentives
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IBM adds 175 jobs at Delaware County call center
The new employees are located at the company’s Heartland Business Center in Daleville, where IBM already has about 500 employees.
Steering parts manufacturer plans local expansion
Bishop Steering Technology Inc., an Indianapolis company specializing in designing rack-and-pinion steering gear, plans to expand, creating 25 additional jobs by 2014, the Indiana Economic Development Corp. said Friday.
Auto parts manufacturer to open plant in Steuben County
Michigan-based CTA Acoustics Inc. plans to add 140 jobs by 2014 as part of a $9 million plan to open a plant in the town of Orland in northeastern Indiana.
Cities now can offer companies cash for local hires
For the first time, cities and counties in Indiana can use local income-tax revenue to offer companies cash rebates for new jobs that go to local workers.
Wind-turbine company moving into Evansville plant
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
Rail firm says it won’t reach 650-jobs goal in Muncie
Progress Rail Services, which said last October that it would create up to 650 jobs in Muncie by 2012, now expects to employ just 250 people at the plant by the end of next year, according to a magazine.
Trailer manufacturer adding 200 jobs in northeastern Indiana
Howe-based Cruiser RV LLC will begin hiring this month as part of an $850,000 expansion to add a new production line in nearby LaGrange.
Medical manufacturer plans Fishers expansion
Tridien Medical, a Coral Springs, Fla.-based manufacturer of therapeutic support surfaces, plans to expand its plant in Fishers, adding up to 40 new jobs by 2013, including 25 in the next year.
Mayoral foes see different paths to boost business
Both candidates for Indianapolis mayor are touting a host of ways to improve the city’s business climate. Incumbent Greg Ballard champions improving the city’s amenities. Challenger Melina Kennedy focuses on recruiting entrepreneurs to the city.
Mortgage firm plans local expansion, 140 jobs
Royal United Mortgage LLC, an Indianapolis-based mortgage firm, announced plans Tuesday to expand its local operations, adding up to 140 employees by 2013.
Air tool manufacturer plans Indiana expansion
Sullair Corp., which makes air compressors and other air tools, says it will expand its headquarters in northern Indiana and expects to add up to 113 jobs in the next few years.
Illinois facing jobs assault from other states
Indiana is leading a push by other states to chip away at Illinois' vulnerable economic image and lure jobs away.
Cable maker adding 40 jobs at Carmel headquarters
Belden Inc. said it will spend $3.1 million to lease and equip a new 30,000-square-foot facility in Carmel, where its Americas division is headquartered.
Auto stampings plant plans to add 75 jobs in Muncie
Indiana Stampings LLC plans to add 75 jobs by 2013 as part of a $7.3 million expansion that includes leasing and equipping a 155,000-square-foot facility.
Freight carrier plans to expand, add 183 local jobs
Thomasville, N.C.-based Old Dominion Freight Line said a $22 million investment will be used to upgrade its existing 122,340-square-foot facility on the southwest side.
City to give Angie’s List $4.6M to buy properties for expansion
Money for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
Angie’s List plans 500 jobs in headquarters expansion
Angie’s List Inc., the fast-growing company that provides customer-review services in 200-plus markets, plans to expand its Indianapolis headquarters, creating up to 500 new jobs by 2015, it announced Tuesday morning.
Westfield company wants to add 178 jobs in Jeffersonville
A subsidiary of Westfield-based Revere Industries LLC could add 178 jobs in Jeffersonville in southern Indiana if it wins approval of a property tax abatement.
Franklin Electric moving HQ, 220 jobs to Fort Wayne
Franklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.