BioCrossroads rolls out orthopedic initiative
With job growth surging in Warsaw’s orthopedic cluster, the life sciences development group BioCrossroads Inc. set out to…
Economic Development
Articles
Indiana expects jobless fund troubles until 2015
Indiana officials say it will take longer to resolve the state’s bankrupt unemployment insurance fund’s funding troubles
than projected when a law designed to start fixing the system was enacted in April.
Deals from China trip unlikely to come right away, official says
Don’t expect the contingent traveling with Gov. Mitch Daniels on his 10-day trade mission to China and Japan to return to
Indiana with a major commitment from an Asian company.
Ron Gifford’s blog from China
Indy Partnership CEO Ron Gifford is traveling with Gov. Mitch Daniels and a delegation of Hoosier business and community
leaders on a trip to Asia through Sept. 16. Gifford is blogging about his experiences as he works to bring
new jobs and investment to the economic development group’s 10-county Indianapolis region. Bookmark this
page and check back for updates.
Auto parts supplier coming to Plainfield, plans to create 30 jobs
Chicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center
in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.
Potential Harley-Davidson plant could become tourist attraction
The so-called Shelbyville site Harley-Davidson is considering for a new assembly plant actually isn’t in Shelbyville,
but rather in an unincorporated portion of Shelby County near the Marion County line.
New jobless claims dip less than predicted
New jobless claims fell slightly last week while the number of people receiving unemployment benefits rose, a sign the job
market’s recovery will be long and bumpy.
IT consultant’s expansion plans include 130 new jobs
Indianapolis-based information technology consultant Apparatus Inc. plans to expand its local operations and create up to
130 jobs by 2012, the company announced this morning.
Kansas City out of running for Harley-Davidson plant
Central Indiana’s chances for landing a Harley-Davidson motorcycle plant have been improved by the elimination of Kansas
City from the list of potential sites.
Tax abatement could help manufacturer add 43 jobs
The Indianapolis plant of Rexnord Industries LLC is promising to create 43 jobs and retain hundreds more if the city grants
a five-year tax abatement.
Indiana set to announce $164M in stimulus awards for housing
Indiana Lt. Gov. Becky Skillman plans to announce the first awards of $164 million in federal stimulus money to build low-
and moderate-income housing across the state.
University Loft plans 30 jobs in Greenfield
Indianapolis-based University Loft Co. expects to add 30 full-time jobs at its Greenfield manufacturing facility thanks to
a federal pact with the U.S. Marine Corps. The company recently was awarded a multi-million-dollar contract to supply metal
furniture for the Marine Corps’ Camp Lejeune base in North Carolina.
ICVA: Stadium’s retractable roof worth the cost
Three music events with direct visitor spending estimated at $28 million that were hosted at Lucas Oil Stadium offer proof,
city officials said, that the expense of the retractable roof and other features of the $720 million facility are paying off.
Shelbyville struggles to reach tech park goals
Despite recent investment by Major Health Partners, Shelbyville’s technology park is about as far from meeting state
standards as it was two years ago.
Temperature remains issue in LOS
Two Indianapolis Colts pre-season games in the August heat have done little to cool down the questions surrounding climate
control at Lucas Oil Stadium.
Indianapolis shows up peer cities in attracting the young and educated
Cities must woo people while they’re young—in their 20s or early 30s—because after that age, people tend
to hunker down. The Indianapolis area apparently appeals to at least two key groups of young people—particularly those
already married, according to a new study by researchers at IUPUI.
Beverage firm to open Columbus plant
Tipton Mills, a New York specialty beverage company, announced today it will locate a plant in Columbus, Ind., creating
more than 40 jobs.
World Cup could be windfall for Indy
Eleven sites were cut from consideration for the United States’ 2018 and 2022 World Cup Soccer bid, but Lucas Oil Stadium
is still in the hunt.
Affordable housing developers struggle as key funding source disappears
Affordable
housing developers nationwide are facing a drastically weaker market for tax credits.
INpact Medical Device Network matches start-ups with service providers
Industry groups in the life sciences, medical and information technology realms have helped lure companies to the region
and foster upstarts. Funding is almost always an issue, but it’s not the only barrier. Getting medical
devices to market often requires product design, development and marketing resources that aren’t
always apparent to upstarts.