Another $237M granted to Honda battery plant project in Ohio
Honda had also considered Greensburg, Indiana, as a possible site for the plant before deciding on Ohio.
Honda had also considered Greensburg, Indiana, as a possible site for the plant before deciding on Ohio.
The legislation would require the Indiana Economic Development Corp. to notify local officials before purchasing more than 100 acres of land for economic development that is intended to be used for an Innovation Development District.
The Wall Street Journal first reported Friday that General Motors Co. and Korea-based LG Energy Solution failed to come to an agreement on building a fourth plant through their Ultium Cells joint venture.
The company’s more detailed plans for the project reveal the 12 buildings would range in size from a 3,200-square-foot visitors center to a pair of three-story, 330,000-square-foot manufacturing facilities.
A group of elected officials, business leaders and community members in the Lafayette area are drafting a letter to the Indiana Economic Development Corp. seeking details about the state’s plans to draw water from the Wabash River aquifer.
The IEDC says it would like to hire two more people this year, perhaps on the East Coast and in the Southeast, who can also scout for companies that might be persuaded to invest in Indiana.
Indiana Chief Justice Loretta Rush’s speech mainly focused on the work by the courts that “makes Indiana an attractive state for economic development and how it can protect public safety in Indiana.”
Indiana State Treasurer Daniel Elliott has named Jacob Blasdel executive director of the Indiana Bond Bank, succeeding acting executive director Ron Mangus.
Alyssa Woolard previously served as associate director of economic and redevelopment for the city of Madison, Indiana.
The Indiana Economic Development Corp. said it hired Jillian Ochs to the new position of West Coast business expansion specialist with the goal of attracting high-tech investment from businesses and entrepreneurs in California.
The new president of Purdue University said Indianapolis serve as one “bookend” for a “63-mile-long hard tech corridor” stretching “all the way to Tippecanoe County.”
The funding requests are part of the governor’s ambitious $3 billion “Next Level Agenda,” which calls on state lawmakers to approve historic investments in education, public health and state employee salaries.
Andretti Global revved some economic development engines in August when it announced plans to establish its worldwide headquarters in Fishers, investing $200 million in the project and creating up to 500 jobs by the end of 2026.
Republican legislative leaders have been urging caution on new spending, but Gov. Eric Holcomb remains hopeful that his legislative priorities can be funded. See what he had to say in this Q&A.
In the current iteration of the statewide program, 230 projects have been accepted with a total funding request of $350 million, which in turn has leveraged more than $6 billion in funding from other sources.
The Indiana Department of Transportation released a study that includes five possible locations for the interchange northwest of Lebanon near the planned site of the LEAP Lebanon Innovation and Research District.
Indiana Gov. Eric Holcomb said 218 companies committed this year to locate or expand in Indiana this year, with plans to add a total of 24,059 Hoosier jobs.
The Lebanon City Council voted unanimously to approve the second phase of voluntary annexation for the LEAP district, a planned 11,000-acre advanced manufacturing park in Boone County.
The Central Indiana Corporate Partnership announced Thursday that Cummins Inc. executive and former Indianapolis Deputy Mayor Melina Kennedy has been named the organization’s new CEO.
SMC Corp. of America plans to expand its total workforce in Noblesville to 1,157 by 2032.