German manufacturer targets central Indiana for new plant
German-based manufacturer Variotech announced plans Friday to spend $2.2 million to upgrade and equip a production facility in Fishers, creating up to 22 jobs by the end of 2023.
German-based manufacturer Variotech announced plans Friday to spend $2.2 million to upgrade and equip a production facility in Fishers, creating up to 22 jobs by the end of 2023.
Economic development projects topping $2 billion would be eligible for the incentives. Gov. Andy Beshear has said the state is pursuing at least five projects of that magnitude.
If Allies Collective chooses Zionsville, and the commission enters into a project agreement, the headquarters could create as many as 150 jobs paying an average of $41 per hour over the next six years.
Calumet, which acquired Muncie-based Paralogics LLC in March 2020, now says it plans to expand the facility and hire up to 20 more employees there by 2025.
Guest host Lesley Weidenbener interviews Indy Chamber CEO Michael Huber and the group’s director of economic development, Vincent Ash, about the programs that won it Chamber of the Year honors.
Indianapolis-based Renewable Transport Services Inc. plans to add more than 90 jobs by the end of 2025 and invest $20 million to upgrade its southside facilities.
The radiopharmaceutical developer and manufacturer is the latest in a string of life sciences firms that have announced plans to grow operations in Fishers.
As the downtown office market enters a post-pandemic period of volatility, the owner of the 213,600-square-foot building on Monument Circle is studying the cost of renovations to make it more alluring to would-be tenants.
If built as proposed, the tower would be the tallest structure to be built downtown since the 28-story 360 Market Square building was completed in March 2018.
Fishers-based Quantigen Biosciences is spending $2.5 million to redevelop 40,000 square feet of office space along Interstate 69 as its new specialty contract research laboratory.
The project agreement offers Italy-based Stevanato Group a 15-year tax abatement, a $2.4 million commercial property grant and nearly 36 acres the city plans to buy at 126th Street and Cumberland Road.
Much of the money is earmarked to acquire a 75-acre property for a life sciences business park that will be anchored by Stevanato Group’s planned $145 million pharmaceutical manufacturing facility.
Stevanato Group, a producer of syringes, vials and glass containers, announced Wednesday it will spend $145 million to build and equip a 370,000-square-foot facility in Fishers.
Daechang, which makes seating components for Kia, Hyundai and Subaru, established its North American headquarters in Indianapolis in 2017. The Franklin facility would be its second local site.
Brad Chambers said he believes a “reevaluation of what the marketplace is doing” by the Indiana Economic Development Corp. will be a good thing—and a natural move for any agency or company when it changes leadership.
Ludo Fact USA LLC announced plans Tuesday to boost operations in Lafayette, adding up to 114 workers by the end of 2024.
Government and business leaders are preparing to bid to host one of the regional tech hubs that would be created by the U.S. Innovation and Competition Act, even though the bill has yet to pass.
The company, which stands to receive more than $6 million in state and local incentives, said it could expand its investment in central Indiana to $490 million and its hiring plans to 425 by 2025.
Ireland is interested in attracting fast-growing U.S. companies looking for a European outpost and has turned its attention to Indianapolis.
President Joe Biden’s $2.3 trillion infrastructure plan calls for investments in industries such as electric vehicles and semiconductors. Critics say the plan gives the government too much involvement in decisions better made by the private sector.