Indiana manufacturer plans $5.5M expansion, 226 jobs
A company that designs and makes cutting and grinding products and custom tools is moving forward on an expansion that includes adding more jobs in northeastern Indiana.
Economic Development Incentives
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State bets tax breaks will lead to influx of data centers
State lawmakers last month passed a much-ballyhooed law that exempts sales taxes on equipment, infrastructure and electricity costs for sizable data centers constructed in Indiana.
Global defense firm Saab plans $37M facility, 300 jobs in Indiana
Saab said the facility will be used to manufacture a significant portion of the T-X advanced pilot training aircraft, which will help train future U.S. Air Force pilots for generations.
International joint venture planning $29.5M plant in Rushville, up to 250 jobs
The facility would process maize straw from as many as 150,000 acres of cornfields annually into a peat moss substitute for agriculture and foam products for material science uses.
Seed company Beck’s plans $62M expansion of Hamilton County HQ
The Atlanta-based company said the expansion would double its processing capacity and add 56 jobs over the next few years.
Indy Chamber reveals videos from city’s Amazon HQ2 bid package
Indy Chamber President Michael Huber said the local bid package was “one of two that were personally handed to Jeff Bezos” by the Amazon team. The chamber is now repurposing some of the materials from the package for more economic development efforts.
Packaging maker plans $75M facility, 140 jobs in Lebanon
The Lebanon City Council Monday night approved a tax break valued at $1.3 million for U.S. Corrugated Inc., which plans to open a 470,000-square-foot manufacturing facility.
Tech-consulting firm planning to add 300 employees at Carmel HQ
BCforward is scheduled to announce the expansion Thursday morning during an economic development event at its offices at 9777 N. College Ave.
Zotec Partners planning 300 jobs in Carmel at new $47M HQ
The announcement came Tuesday during a groundbreaking for the planned five-story, 120,000-square-foot office building at the southeast corner of Illinois Street and Fidelity Way.
Investment software maker plans $5.5M HQ in old Sears store
Accutech Systems Corp., a wealth management software provider, said it intends to hire nearly 50 employees for jobs at the new headquarters.
Allison Transmission seeking $2.7M tax break from city on $34.5M testing facility
Officials for the Indianapolis-based transmission giant tell city officials that the project would create 193 jobs that pay an average of $20.39 per hour, as well as help it retain current employees.
Indiana one step closer to tax breaks for data centers
Sen. Mark Messmer, R-Jasper, who carried the bill on the Senate side, said it would make Indiana one of the top five states for tax policy on data centers.
City-County Council approves $7 million tax abatement for Eli Lilly
The council voted 19-6 to approve Lilly’s request, which is tied to the firm’s pledge to spend $91 million on a building at its Lilly Technology Center that will house the company’s biosynthetic human insulin production operations
MD Logistics adds fourth warehouse in Plainfield
The third-party logistics company said it plans to increase its workforce by 50 full-time workers over the next five years.
Maker of tobacco alternative moving headquarters from California to Westfield
Grinds LLC—which produces pouches of flavored coffee designed as a healthy alternative to chewing tobacco—plans to invest $6.7 million and create 56 jobs.
Chicago-based marketing tech firm plans to hire more than 200 Indianapolis workers
ActiveCampaign said Indianapolis' strong marketing tech ecosystem makes the city a natural place for the company to expand.
Northern Indiana wheelchair accessory maker to move HQ to Carmel
Winamac-based BraunAbility plans a $7.5 million expansion project that includes moving its headquarters to Carmel and building a new research and technology center.
Foxconn’s plan for giant Wisconsin factory now looks uncertain
The prominent supplier for Apple and other electronics-makers says it’s scrapping plans to build a giant new factory in Wisconsin, opting to hire American engineers and researchers instead of a promised fleet of blue-collar workers.
Workflow software firm plans downtown expansion, 112 jobs
Kerauno, an Indianapolis-based communications workflow software company, plans to spend $5.2 million to open a new downtown headquarters.
Greenwood exploits creek for ‘riverfront’ district
As part of its effort to add redevelop its downtown, Greenwood is putting an unusual asset to use: a meandering minor waterway that in spots is not much wider than a drainage ditch.