Bicycle-components manufacturer adding 105 jobs
Zipp Speed Weaponry said it will create 105 jobs by 2013 and invest $12.4 million in a new manufacturing plant in Indianapolis
to make its high-end bicycle components.
Economic Development Incentives
Articles
EnerDel hopes to hire 1,100 at new manufacturing plant
Lithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
EnerDel in line for $3 million grant
Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
Finish Line forfeits incentive deal
Mall retailer The Finish Line Inc. has agreed to forfeit a potentially lucrative tax-abatement deal because it won’t be able
to meet a 2008 promise to create almost 200 jobs and invest $24 million at its Indianapolis headquarters.
Biotech firm plans $28M Greenwood plant
Greenwood pharmaceutical firm Elona Biotechnologies plans to build a $28 million production facility and create 70 jobs to
help develop a cheaper form of insulin that could gain significant market share.
City leaders getting aggressive about recouping tax breaks
Indianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements. The
city will use the money to fund economic development, convention, tourism and education efforts.
UPDATE: Electric car maker picks Indiana factory site
The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.
Elkhart County OKs tax break for electric car maker
Hard-hit Elkhart County could become home three electric vehicle manufacturers if a Norwegian company chooses northern Indiana
as the site for a new factory.
Delphi to add 190 jobs in Kokomo
Delphi Corp. brought some good news to the beleaguered city of Kokomo on Friday, announcing plans open a production facility
there, creating about 190 jobs by 2014.
IT firm officially announces plans to create 200 jobs
Executives from BC Forward, Indianapolis’ largest computer consulting firm, said Tuesday the company will get even bigger,
with the addition of 200 jobs by 2012.
IT firm receives abatement for job-growth plans
Indianapolis’ largest computer consulting firm on Wednesday received property-tax abatement relating to its plans to
create 200 high-paying jobs and invest $600,000 in new equipment.
Trailer maker plans to add 100 jobs in Peru
Peru recreational vehicle maker Riverside Travel Trailer Inc. will expand its Miami County operations, creating 100 new jobs
by 2011, the Indiana Economic Development Corp. announced Wednesday morning.
Local IT consulting firm plans to add 200 workers
Indianapolis’ largest computer consulting firm is seeking property-tax abatement relating to its plans to create 200 high-paying
jobs and invest $600,000 in new equipment.
Frozen-food firm plans to add 350 jobs at New Albany plant
New Albany-based Kemper Foods International LLC announced Tuesday morning that it will expand its food-production center in
southeast Indiana, creating more than 350 new jobs by 2012.
Military firm could create 500 jobs at former chemical site
Telic Corp., a developer and manufacturer of United States military equipment, announced Thursday it will invest more than
$1.2 million in the former Newport Chemical Depot in western Indiana, creating up to 500 jobs.
Grill maker to locate HQ in Indiana, hire 300
Waterloo, Ontario-based Onward Manufacturing Co. Ltd. announced Wednesday afternoon that it would locate its first U.S. grill
production center in northeast Indiana, creating more than 300 jobs in Huntington by 2011.
New IT firm to create 400 jobs in Kokomo
Zuna Infotech will locate in Kokomo’s Inventrek Technology Park, a high-tech business incubator and state-certified technology
park.
Controversial downtown project to get tax abatement
The Indianapolis Metropolitan Development Commission approved a 10-year tax abatement Wednesday afternoon for a controversial
public-private plan to redevelop a vacant downtown office building.
Logistics firm expanding headquarters in Greenwood
Greenwood-based Avram Worldwide said today that it will expand its headquarters and distribution operations in the city, and
plans to create 78 jobs by 2013.
Another view of Indiana manufacturing
A Milken Institute study shows Indiana isn’t the only state writhing with angst about the future of manufacturing. The study
frames Indiana in a somewhat positive light.