Report: Amazon in ‘advanced talks’ to build HQ2 near Washington, DC
Such a decision would leave Indianapolis and 18 other finalists out of the running for the giant economic development prize.
Economic Development
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Indianapolis event-software firm plans to hire more than 100 workers
Socio is just two years old but already has hundreds of clients across six continents, including Google, Microsoft, PepsiCo and Hyundai.
Disease-diagnostics firm plans to invest $5.3M, hire up to 31 workers
MiraVista Diagnostics, which processes more than 100,000 fungal-infection tests annually, plans to double the size of its headquarters near Indianapolis International Airport.
City-County Council member selected as next head of IndyHub
Blake Johnson, a Democratic member of the City-County Council, is replacing Molly Chavers as the leader of the organization, which serves as an advocate and networking resource for young professionals.
Old Southside targeted for $4M city investment through Lift Indy program
The funds are expected to help the neighborhood and its partners invest in upgrades to the area’s local park and improve the infrastructure of South Meridian Street, as well as build several hundred new units of affordable housing.
Packaging manufacturer plans $106 million plant in Lebanon
A British company with packaging plants around the world plans to build a 550,000-square-foot manufacturing facility just southwest of Interstate 65 that will employ 140.
Indianapolis vying to continue as host of FFA convention until 2031
Indianapolis is under consideration for a seven-year contract extension that would keep FFA’s giant national convention in the city until 2031—but it’s competing for the opportunity with another city.
Former online-only retailers setting up shops in malls near you
Stiffening competition, surging online advertising costs and cheap mall space have prompted web retailers like Warby Parker and Bonobos to open physical stores, including locations in Indianapolis.
City revives state tool in effort to boost three struggling corridors
The city is in the process of setting up “redevelopment areas” surrounding North Post Road between 38th and 42nd Streets, the West 38th Street area known as International Marketplace, and a corridor of Brookville Road that contains the former Navistar and Ford Visteon plants.
Circle at crossroads: Monument Circle faces growing calls for upgrades
Downtown Indy leaders say the city can’t afford to let the Circle fall into disrepair or become a turnoff for visitors.
Auto industry supplier plans $90 million Indiana expansion
A Japan-based automotive industry supplier plans to spend $90 million to expand its manufacturing operations in Indiana, the company announced Tuesday.
Workforce group with ties to Microsoft, LinkedIn chooses Indiana for 2nd location
Gov. Eric Holcomb announced the launch of Skillful Indiana on Thursday morning, along with Skillful CEO Beth Cobert, Markle Foundation CEO and President Zoe Baird, and Microsoft Philanthropies leader Mary Snapp.
Amazon signs lease for Greenwood project that’s expected to create 1,250 jobs
The e-commerce giant plans to occupy a 615,440-square-foot building on a 75-acre site along Allen Road near Interstate 65.
Three small manufacturers to add more than 100 jobs in central Indiana
Companies that brew tea drinks, pop-up campers and jewelry in central Indiana are among 22 manufactures that announced plans Friday to locate or expand their operations in the state.
Swiss security-products maker plans 165 jobs at north-side operations
Dormakaba Group plans to nearly double the size of its manufacturing operations on the north side of Indianapolis in an expansion that’s expected to retain hundreds of jobs in Indianapolis.
Lawmakers consider tax-credit changes, another round of Regional Cities funding
Economic development officials from across the state presented a plan to the Fiscal Policy Committee that would establish a $100 million regional development tax credit and offer $150 million more for the Regional Cities Initiative.
Online retailer Sweetwater plans 1,009 jobs in $76M Indiana expansion
Online music instrument and audio gear retailer Sweetwater Sound Inc. said the expansion project will include construction of a 350,000-square-foot warehouse and a 35,000-square-foot conference center.
Conexus Indiana hires two execs to lead tech, workforce initiatives
One executive is expected to help Indiana companies continue their transition into next-generation digital technologies. The other will develop and direct programs that help secondary and post-secondary students, as well as adult workers.
Holcomb’s office ordered to hand over Pence’s Carrier emails
Marion Superior Judge Heather Welch issued an order this week forcing Gov. Eric Holcomb’s office to disclose communications from November 2016 between former Gov. Mike Pence, Donald Trump and Carrier Corp.
$20M in state incentives targeted to help airport lure international flights
An ongoing effort to attract nonstop flights between Indianapolis and places like Asia, Mexico and Europe is in line for a big boost.