Neighboring states gleeful over Illinois tax increase
Neighboring states are plotting to take advantage of what they consider a major economic blunder and lure business away from Illinois.
Economic Development
Articles
Local tech consultant to expand, add 60 jobs
Indianapolis technology firm MMY Consulting Inc. will spent $700,000 to expand its local operations, economic development officials said early Wednesday, nearly doubling its staff over the next four years.
D-A Lubricant moving from Indianapolis to Lebanon
Company will purchase 23 acres and have Duke Realty Corp. build a 225,000-square-foot industrial facility in Lebanon Business Park. The move should be completed by December.
Law firm launches economic development consultancy
Barnes & Thornburg aligns with new venture BT ProjectPoint LLC to provide clients economic development and project-financing consulting services.
Money flowing to international markets
Booming growth, rising middle classes are attracting investors.
Indianapolis startup scene gains momentum
About 200 members of the Hackers and Founders group meet monthly—perhaps the most clear and strong signal that Indianapolis’ young entrepreneur community is reaching a tipping point.
State’s next economic initiative to revolve around military
Indiana economic-development officials are in the beginning stages of forming a marketing initiative—dubbed the Indiana Center for Complex Operations, or ICCO—to market the state’s budding defense sector.
HICKS: Why economic forecasting is inexact science
Forecasts are primarily used as a tool to begin, not end, conversations about business and government matters.
Muncie locomotive plant looking for new hires
A division of Caterpillar that plans to employ 650 people at a diesel-electric railroad locomotive plant in Muncie is looking for workers.
Fourth Artsgarden walkway gets final approval
Construction on the walkway that will connect the downtown PNC Center with the Indianapolis Artsgarden should begin in March. Plans to pave the gravel parking lots on the former site of Market Square also received approval.
Credit card processor plans Jeffersonville expansion
Heartland Payment Systems said Tuesday it will spend more than $6.2 million to expand its operations in southern Indiana and hire up to 140 more workers by next summer.
Ganassi locating two new race teams in Brownsburg
Izod IndyCar Series team owner will invest $3.3 million and create up to 30 jobs. Ganassi plans to begin hiring employees immediately to prepare for the start of the 2011 season.
Business agenda might get friendly reception
With Republicans firmly in control of the Indiana General Assembly, businesses have a better chance of achieving some of their legislative objectives than they have for years.
Turbulent Indiana General Assembly just ahead
Scarce resources promise to vex lawmakers charged with writing a new budget when the Legislature convenes in January.
UPDATE: Competitors’ woes could help Fishers mortgage firm expand
Fishers-based Stonegate Mortgage Corp. plans to spend about $3 million to expand operations, creating up to 300 jobs by 2015.
Fishers-based mortgage company to add 300 jobs
Stonegate Mortgage Corp. plans to move next spring from its current location near 106th Street and Allisonville Road to a 29,000-square-foot office near 106th Street and State Road 37.
State adds record number of life sciences jobs
Twenty companies committed this year to add more than 4,000 jobs.
Fountain Square turning to first-of-kind tax to fund improvements
A Fountain Square group led by neighborhood business owners hopes to create an “economic improvement district” for the up-and-coming neighborhood, where additional tax revenue could be used for everything from litter cleanup and marketing to capital improvements.
Local coatings company plans expansion, 50 hires
Locally based KECO Engineered Coatings Inc. has acquired a second location in Indianapolis where it plans to invest $1 million and hire 50 employees by 2013, the company announced Thursday morning.
Exports fueling Indiana business growth
Firms are taking matters into their own hands to open trade relationships overseas, developing export policies they hope will benefit themselves and their communities.