Engineering firm to invest $1 million, add up to 135 Bartholomew County jobs
LHP Engineering Solutions, a minority-owned firm launched in 2001, targets the automotive, aerospace and medical industries.
Economic Development
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Q&A with Kai Chuck, Westfield’s director of global strategy and business development
Chuck has more than a decade of experience working in international economic development.
City officials approve TIF-like district to fund new levee in Rocky Ripple
City of Indianapolis officials voted overwhelmingly this week to authorize the creation of a flood control improvement district in the area between the White River and the Central Canal, which would help fund the construction of a new levee along the White River.
Drug research firm Covance plans $17.5M expansion, 203 jobs
Plans call for the company to spend $11.8 million on the real estate improvements and another $5.7 million on new IT equipment and freezers.
Upstart software firm plans 75 jobs at new downtown HQ
A software-as-a-service firm founded last year under the wing of Indianapolis-based venture studio High Alpha announced Tuesday that it plans to spend $1.4 million to establish a downtown headquarters.
Packaging company to open Whitestown factory, hire up to 43 workers
Opus Packaging Group said it will invest $3 million to build and equip a 170,000-square-foot facility, its first location in Indiana.
Company plans $9M research facility in Crawfordsville
An Alabama-based company that makes pipes for water, oil and natural gas is planning to build the 30,000-square-foot research and development facility on 17 acres.
Genesys, city working toward deal on tax abatement issues
Genesys, which acquired Interactive Intelligence in 2016 and made extensive job cuts following the purchase, is working on the city to update its tax-incentive agreement after failing to comply with previous requirements.
Indiana manufacturer plans $5.5M expansion, 226 jobs
A company that designs and makes cutting and grinding products and custom tools is moving forward on an expansion that includes adding more jobs in northeastern Indiana.
State bets tax breaks will lead to influx of data centers
State lawmakers last month passed a much-ballyhooed law that exempts sales taxes on equipment, infrastructure and electricity costs for sizable data centers constructed in Indiana.
Despite kudos, state doesn’t keep funding Regional Cities
State and local leaders seem to agree that Indiana’s Regional Cities Initiative was successful—but don’t expect to see another round of funding for the program anytime soon, if ever.
Global defense firm Saab plans $37M facility, 300 jobs in Indiana
Saab said the facility will be used to manufacture a significant portion of the T-X advanced pilot training aircraft, which will help train future U.S. Air Force pilots for generations.
Indiana among 3 finalists for USDA divisions, but proposed location unknown
Indiana’s short-listed proposal—submitted by Purdue University and state officials—was one of 136 received by the USDA last year from 35 states. Relocating the two research divisions to Indiana could bring 570 federal jobs.
International joint venture planning $29.5M plant in Rushville, up to 250 jobs
The facility would process maize straw from as many as 150,000 acres of cornfields annually into a peat moss substitute for agriculture and foam products for material science uses.
Indy wants the NFL Draft, but not right away
Indianapolis is making moves to host the NFL Draft in coming years, but it’s unlikely the city will aggressively pursue it until a slew of previously scheduled events have occurred.
Seed company Beck’s plans $62M expansion of Hamilton County HQ
The Atlanta-based company said the expansion would double its processing capacity and add 56 jobs over the next few years.
Starved for staff, firms consider ex-offenders
Develop Indy, the economic development arm of Indy Chamber, is connecting businesses with PACE, a not-for-profit that helps people coming out of the criminal justice system re-enter the community.
Notre Dame getting $42.4M to accelerate regional innovation
The 5-year grant from Lilly Endowment Inc. aims to further advance Indiana’s northwest region as a leader in manufacturing, entrepreneurship, applied analytics and technology.
Indy Chamber reveals videos from city’s Amazon HQ2 bid package
Indy Chamber President Michael Huber said the local bid package was “one of two that were personally handed to Jeff Bezos” by the Amazon team. The chamber is now repurposing some of the materials from the package for more economic development efforts.
Packaging maker plans $75M facility, 140 jobs in Lebanon
The Lebanon City Council Monday night approved a tax break valued at $1.3 million for U.S. Corrugated Inc., which plans to open a 470,000-square-foot manufacturing facility.