Marion Mayor Wayne Seybold told the City Council on Tuesday that he and the city's development director would be traveling
to China with plans to complete a deal bringing a furniture maker to the city.
Just Packaging on the east side of Indianapolis says it plans to invest in new equipment and hire 35 people by 2014.
A northern Indiana recreational vehicle manufacturer is expanding its Elkhart operations and plans to hire up to 265 new workers
by 2013.
Butler's triumph has likely eliminated some of the direct visitor spending the city would have seen if Syracuse or Kansas
State would have made it to Indy for this year's Final Four. But corporate excitement could wipe away that loss.
The economy grew at 5.6-percent clip in fourth quarter, but the impressive number doesn’t indicate the recovery is strong,
economists say.
The goal of any host city of a major sporting event is simple: Rake in as much cash as possible during the days the event
is in town and maximize future economic potential by boosting the city’s image among everyone who watches on television.
Execution is more difficult.
Most local venture funds are standing pat because the economy is weak and they’re no longer
in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting”
stage, to try to improve investment returns.
Native Hoosier Aaron Renn, who writes the popular Urbanophile blog, said Indianapolis stacks up well against its Midwestern
counterparts and can compete for jobs with national hot spots such as Portland, Ore.
Arkansas wire-maker Tokusen USA Inc. plans to establish a manufacturing plant in Scottsburg, state economic development officials
said Wednesday, touting the nearly 135 jobs expected over the next two years.
Texas-based Blue Bell Creameries will begin selling its ice cream in nine metropolitan Meijer stores beginning April 5. Distribution
will be assisted by the building of a 12,000-square-foot facility on the northwest side.
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
Businesses care about taxes to be sure, but the availability of a pool of well-trained workers is at the forefront of most business-location decisions.
The organization last year closed 11 business expansion or attraction deals, netting 2,950 new jobs in the process.
Executives of Novae Corp. announced plans for the company’s expansion in North Manchester, where it expects to employ perhaps
85 people by 2013.
Despite a 20 percent attendance increase at this year's men's Big Ten tournament at Conseco Fieldhouse, there are still cities looking to steal the event from Indianapolis.
The state’s unemployment rate in January remained unchanged from the seasonally adjusted figure of 9.7 percent Indiana reported
in December.
Startup logistics firm s2f worldwide LLC will invest $10.8 million to set up its headquarters and distribution center in Plainfield,
creating 250 jobs by 2013, state economic development officials said early Monday.
Agricultural biotech firm hired a site-selection consultant and considered other cities around the world for its $340 million
expansion.
The investment will greatly expand the company’s research and development capacity and is a major win for the Indiana
life sciences industry. Dow AgroSciences expects most of the positions to pay between $65,000 and $95,000 annually.
Economic development mission targets clean technology and motorsports business-development opportunities.
