Georgia Street reconstruction project starts underground
Work is under way on the $12.5 million transformation of a three-block stretch between Pennsylvania Street and Capitol Avenue into a pedestrian-friendly corridor.
Economic Development
Articles
Grocery distributor to create 100 jobs in Bloomington
State economic development officials on Wednesday announced food distributor Nash Finch Co.’s plans to open a Bloomington warehouse and hire 100 workers, formalizing a commitment the Minnesota-based firm made this summer.
Fourth Artsgarden skywalk gets approval
Despite objections, the Metropolitan Development Commission agreed to provide $600,000 in city funds to help build an enclosed pedestrian walkway connecting the downtown PNC Center with the Indianapolis Artsgarden.
Clarke Engineering plans $2.1M expansion in Fishers
Fishers-based Clarke Engineering Services plans to invest $2.1 million to expand its headquarters operation, creating as many as 29 jobs by 2012. The 13-year-old firm said it will begin hiring immediately.
GE plans $68M investment related to Indiana plant
Investment and union agreement will help retain more than 500 jobs and ensure the plant’s long-term future.
Furniture distributor plans Gas City operations
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create as many as 100 jobs by the end of the year and as many as 350 by 2013.
Heightened competition puts mayors on hot seat
Elected officials are struggling to know how to respond to the weak economy and constituent demands for jobs.
Fishers forming sister-city relationship with suburb of Chinese city
The area southwest of Shanghai is known as a tourist destination, as well as for its high-tech industrial development zones.
Downtown tax district reaps unexpected windfall
The city has accumulated a $12 million surplus of funds from the downtown TIF district, raising questions from critics who wonder how the windfall came about.
Site chosen for proposed Westfield sports complex
The Hamilton County sports and recreation campus—known as the "Family Sports Capital of America"—is expected to occupy 300 acres and cost millions to fully develop.
Reopening set for Moscow covered bridge
Organizers are planning a weekend ceremony to dedicate a rebuilt covered bridge in central Indiana that was destroyed by a tornado more than two years ago.
Indiana slow to accept federal stimulus help
Under political pressure, Gov. Mitch Daniels’ administration has come late to the federal stimulus funds game. At best, the state will recover $24 million in reimbursements for money spent by not-for-profit agencies on services to the poor.
TechPoint broadens agenda for annual technology summit
This year’s event will look at trends in so-called clean technologies.
City meets deadline to get federal money for housing projects
The $29 million will be used to acquire and demolish or rehabilitate foreclosed and abandoned homes.
Initial claims for unemployment aid rise again
The rise suggests that jobs remain scarce and some companies are still cutting workers amid sluggish economic growth.
Indiana Convention Center might need yet another expansion
The current expansion has absorbed the last of the adjoining space, leaving the convention center landlocked.
TechPoint unveiling ‘measured marketing’ campaign
The initiative will promote the advantages of doing business in Indiana to attract more “measured marketers.” They are companies such as ExactTarget and Aprimo Inc. that provide a platform for marketing via e-mail, social media and other technologies.
Franklin calls off deal to land brewery plant
The Franklin Redevelopment Commission decided Thursday to call off the deal because TailGate Beer of San Diego failed to respond to a deadline to provide detailed financial information.
Fort Wayne hopes Navistar workers will attract business
The president of an organization that aims to attract businesses to northeast Indiana says the region is hoping to use Navistar International Corp.’s 1,000-plus workers as an asset.
UPDATE: New tech jobs come with handsome wages
Mobi Wireless expects to pay average wages of more than $50,000 to 253 new workers; Bostech Corp. expects to pay more than $80,000 to 61 new employees.