Volcano’s ash postpones Indiana trade mission
Officials hope to reschedule flight to Italy for Tuesday to salvage the remainder of planned job attraction and creation trip.
Economic Development
Articles
Ethanol doubles its efforts in effort to keep subsidies
For years, ethanol fuel derived from corn was almost politically untouchable, thanks to powerful advocates on Capitol Hill.
The ethanol industry has consequently exploded over the last decade, thanks to government subsidies and incentives. But skepticism
about ethanol is rising, prompted by fluctuating food prices and an organized campaign by anti-ethanol advocates to discredit
the industry.
GIGERICH: Happiness is factor in location choices
State-by-state comparisons ranking residents’ satisfaction levels are gaining traction in economic development circles. While rankings do not drive site-selection decisions, they do play a role.
IEDC leads European trade mission
The Indiana delegation plans to visit Germany, Italy and the United Kingdom on a job- and investment-attraction mission.
California brewer to open Franklin plant, hire up to 150
TailGate Beer said it will invest millions of dollars in machinery, equipment and energy-efficiency upgrades to establish
operations in an existing 48,000-square-foot building in Franklin Business Park.
Carbon Motors’ prototype cop car is crammed with technology
The specialized vehicle can read license plates, sniff for weapons of mass destruction and see people and animals in
the dark.
Indiana agriculture trip to China set for June
Indiana Lt. Gov. Becky Skillman and nearly 20 agriculture leaders are expected to make stops in the Zhejiang province and
Beijing.
Feltman takes over
In 2007, Nathan Feltman became Indiana's secretary of commerce, replacing his mentor, IBJ Media Corp. co-owner Michael
Maurer. It was a smooth transition.
Marion mayor making China trip for business deal
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.
Packaging company seeks abatement for expansion
Just Packaging on the east side of Indianapolis says it plans to invest in new equipment and hire 35 people by 2014.
Heartland RV to expand, add 265 new jobs in Elkhart
A northern Indiana recreational vehicle manufacturer is expanding its Elkhart operations and plans to hire up to 265 new workers
by 2013.
Butler’s march could cost city businesses $7.5 million
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.
Year-end growth spurt not likely to be repeated
The economy grew at 5.6-percent clip in fourth quarter, but the impressive number doesn’t indicate the recovery is strong,
economists say.
Final Four helps Indianapolis warm up for 2012 Super Bowl
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.
Entrepreneurs lose clout as VC funds get stingier
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.
Urban expert lauds Indianapolis for progress
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.
Tokusen USA planning 135 jobs at new Scottsburg plant
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.
Blue Bell ice cream coming to Indianapolis
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.
City economic development office hires international leader
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
HICKS: Taxation not top factor in attracting business
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.