LG, Honda looking at Ohio, Indiana for $4.4B joint venture to make EV batteries
The plant’s site is still undecided, but construction will begin in early 2023, with mass production of advanced lithium-ion battery cells to start by the end of 2025.
Economic Development
Articles
Can Indiana secure a CHIPS Act tech hub?
With the help of new federal legislation, Indiana leaders believe they have a strong chance of making the state a tech metropolis in the nation’s heartland.
Waste-to-energy startup planning $41M plant, 259 jobs in Mooresville
ZrO Waste Group is in the process of developing a technology that will help customers convert waste into usable energy in the forms of heating, cooling, refrigeration, hot water and electricity, said Kegahn Hopwood, executive vice president.
Wanted: 7,000 construction workers for Ohio chip plants
Ohio’s largest-ever economic development project comes with a big employment challenge: how to find thousands of construction workers in an already booming building environment when there’s also a national shortage of people working in the trades.
Holcomb leads Indiana delegation to Taiwan, South Korea in search of high-tech investments
Gov. Eric Holcomb’s visit will tout the Hoosier state as a key place for Asian companies to invest and manufacture computer chips and electric vehicle batteries.
IUPUI realignment could bring big benefits to Indy businesses and economy
Local business and tech-industry leaders say they see the effort as a chance to increase the pipeline of qualified employees who can work at local companies.
Battery maker seeks tax break to build potentially massive plant in Indiana
A joint venture between General Motors Co. and LG Energy Solution has filed a tax abatement application for a facility in New Carlisle that—based on similar projects elsewhere—could bring more than $2 billion in investment and more than 1,000 jobs to northern Indiana.
Holcomb defends abortion ban signing, rebuffs talent-attraction fears
Indiana Gov. Eric Holcomb on Wednesday brushed off fears of business and talent attraction consequences in the wake of signing a near-total abortion ban.
Purdue, IU agree to split IUPUI campus, with both planning growth, stronger Indianapolis identities
The move is intended to drive growth in enrollment, research and particularly prestige, in part by eliminating the school’s tongue-twisting name. Purdue intends to grow its presence in Indianapolis as well.
Breaking down the IUPUI changes announced Friday
For 52 years, IUPUI has existed as a sort of marriage between Indiana University and Purdue University. As they shift that relationship, here’s what we know about what will change and what will stay the same.
A new era of industrial policy kicks off with signing of Chips Act
The long-pursued bipartisan legislation looks set to spur construction of more than a half-dozen big semiconductor manufacturing facilities in the United States.
Biden signs $280B semiconductor act in bid to boost U.S. over China
The deal could have major implications for Indiana’s economic development efforts as it works with SkyWater Technology Inc. to open a $1.8 billion semiconductor production facility in West Lafayette.
SkyWater project critical in microelectronics push
The proposed $1.8 billion semiconductor facility at Purdue University isn’t as flashy as chip-related announcements in other states, but it might be the IEDC’s most significant step so far in reviving the state’s once-booming electronics industry.
Bumps, bipartisanship in long fight for semiconductor bill
President Joe Biden will soon sign into law the $280 billion CHIPS and Science Act—which also includes substantial money for scientific research. The back story of the legislation reveals the complexities of bipartisanship, even when all sides agree on the need to act.
City presents concepts for Henry Street bridge connecting Elanco, downtown
The Henry Street bridge would accommodate both cars and pedestrians and is a key component in the city’s infrastructure-heavy incentive package to bring Greenfield-based Elanco downtown.
U.S. House sends bill to aid computer chip industry to Biden
Indiana economic development leaders have been hoping for passage of the bill because the state would like to tap federal funding to land a $1.8 billion semiconductor plant at Purdue University.
U.S. Senate passes bill to boost computer chip production in United States
Indiana Gov. Eric Holcomb praised the Senate’s vote in a written statement. Holcomb and state economic development leaders are rooting for the bill because the state would like to tap federal funding to land a $1.8 billion semiconductor plant at Purdue University.
Biden pushes computer chips legislation in advance of Senate vote
The bill is being closely watched in Indiana, where manufacturers, research universities and economic development officials are rooting for its passage.
Semiconductor maker planning $1.8B plant, 750 jobs in Indiana
The project stands to receive more than $70 million in state economic development incentives and will hinge on whether it lands federal funding though the Creating Helpful Incentives to Produce Semiconductors, or CHIPS, program.
Semiconductor maker to announce Purdue partnership
Gov. Eric Holcomb, Indiana Secretary of Commerce Brad Chambers and Purdue University President Mitch Daniels are scheduled to join executives from SkyWater Technology to make the announcement.