Fruit-flavoring firm to open $11M plant in Greenwood
California Custom Fruits, whose products include fruit bases for yogurts, will erect a 65,000-square-foot plant in the Greenwood Park at 65 South industrial park.
Economic Development
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Four Indiana regions chosen as Stellar Communities finalists
This year’s 2019 Stellar Communities Program designations will be announced Dec. 5. Last year, two regions were selected to receive state grants of at least $6.5 million each.
Recycling company plans $260M plastics-to-fuel plant in Indiana
The company said the operation will be the first of its kind in the United States and use plastics from curbside recycling pickup in Indiana and Illinois, and from manufacturing waste.
Hate-crime outcome leaves execs ambivalent
An army of high-profile business leaders wanted the General Assembly to pass what they called a comprehensive hate crimes law, but the effort fell short. What went wrong?
Tech-consulting firm planning to add 300 employees at Carmel HQ
BCforward is scheduled to announce the expansion Thursday morning during an economic development event at its offices at 9777 N. College Ave.
Zotec Partners planning 300 jobs in Carmel at new $47M HQ
The announcement came Tuesday during a groundbreaking for the planned five-story, 120,000-square-foot office building at the southeast corner of Illinois Street and Fidelity Way.
UPDATE: Food manufacturer plans $310M plant, 460 jobs in Shelbyville
Illinois-based Greenleaf Foods, which makes burgers, hot dogs, sausages and other vegetarian meat alternatives, plans to build a 230,000-square-foot plant at Interstate 74 and State Road 44.
Investment software maker plans $5.5M HQ in old Sears store
Accutech Systems Corp., a wealth management software provider, said it intends to hire nearly 50 employees for jobs at the new headquarters.
Allison Transmission seeking $2.7M tax break from city on $34.5M testing facility
Officials for the Indianapolis-based transmission giant tell city officials that the project would create 193 jobs that pay an average of $20.39 per hour, as well as help it retain current employees.
Fast-growing Goshen stair-maker to add up to 200 jobs
Viewrail—whose products include “floating stairs,” meaning the space underneath the staircase is open—is plowing $12 million into an expansion that will double its production space.
Midwest Fertilizer says $2.8B Indiana plant still on track
The construction of the plant in southwestern Indiana is still on course following the resolution of a dispute with the Internal Revenue Service, the facility's developers said.
Indiana one step closer to tax breaks for data centers
Sen. Mark Messmer, R-Jasper, who carried the bill on the Senate side, said it would make Indiana one of the top five states for tax policy on data centers.
‘Two-tier economy’: Report says prosperity in Indianapolis is increasing, but not for all
The data reflects the fact that there is a “missing middle in central Indiana’s economy,” due to the loss of manufacturing jobs.
City-County Council approves $7 million tax abatement for Eli Lilly
The council voted 19-6 to approve Lilly’s request, which is tied to the firm’s pledge to spend $91 million on a building at its Lilly Technology Center that will house the company’s biosynthetic human insulin production operations
MD Logistics adds fourth warehouse in Plainfield
The third-party logistics company said it plans to increase its workforce by 50 full-time workers over the next five years.
Maker of tobacco alternative moving headquarters from California to Westfield
Grinds LLC—which produces pouches of flavored coffee designed as a healthy alternative to chewing tobacco—plans to invest $6.7 million and create 56 jobs.
Plan for private health clinic at Broad Ripple Park hits opposition
A group that opposes a public-private partnership to help raise funds for an event center in Broad Ripple Park plans a forum Monday night to discuss the matter, but did not invite city or park officials.
‘Make ’Em Clap’ to legislative updates
Indy Chamber Chief Policy Officer Mark Fisher injects a little fund into the organization's legislative updates in the form of hip-hop references.
Hot U.S. job market coaxing people in from sidelines
A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from?
Hot U.S. job market coaxing people in from sidelines
A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from?