State may revamp tourism department, create quasi-governmental agency
Several lawmakers, lobbyists and state officials are pushing for sweeping changes to the state’s tourism bureau.
Economic Development
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Business partner sought for proposed Broad Ripple Park event center
The Indianapolis Parks Department is proposing the creation of public-private partnership involving a health care provider to help pay for a new family event center at Broad Ripple Park.
U.S. economy grew at 3.4 percent rate in third quarter
Economists believe that economic growth is slowing in the fourth quarter to around 2.5 percent. For the full year, GDP growth is projected to top 3 percent — the best showing since 2005.
Lawrence plans Fort Harrison cultural district as a way to draw visitors
With a $5.85 million Lilly Endowment Inc. grant, the city of Lawrence and Arts for Lawrence are poised to launch a major project focused on the arts and the area’s military history.
Electrical contractor Gaylor plans Noblesville expansion, 20 hires
Gaylor Electric would spend $4.4 million to build a 49,000-square-foot prefabrication facility. It has requested tax incentives on the project that would save it more than $500,000.
Report says central Indiana faces dearth of ‘good’ jobs—so OneAmerica raises some salaries
The Brookings Institution report found that the situation is especially dire for Hoosiers without college degrees and said the state shouldn’t incentivize jobs that don’t pay middle class wages and benefits.
Indiana has good corporate citizens, but improvements still can be made, panelists say
Business and political leaders at the annual Engage Indiana event stressed the importance of public and private collaborations in helping improve communities and retain workers.
Apple to build $1 billion campus in Austin, expand in other cities
The Texas capital, which already has more than 6,000 Apple employees, is slated to get at least 5,000 more. Three other cities will get more than 1,000 jobs each.
IEDC reports another record-setting year for job commitments
The state’s lead economic development agency on Tuesday said that it has already surpassed last year’s annual record for job commitments.
Indianapolis manufacturer planning move to Westfield
Indianapolis-based metal additive manufacturer 3rd Dimension Industrial 3D Printing has plans to move into a building in Westfield that is six times larger than its current facility.
Car parts maker planning to triple workforce in Richmond
The subsidiary of Israel-based Omen Casting Group wants to boost production to help meet demand in America and Germany for its aluminum drivelines, steering components and oil pumps.
Elevate Ventures makes 3-year investment commitment to Bloomington, Columbus
Elevate Ventures, Bloomington-based incubator The Mill and the Columbus Area Chamber of Commerce on Thursday announced they have entered a three-year agreement to invest $2.5 million to bolster the entrepreneurial ecosystems in Bartholomew, Brown and Monroe counties.
Digital marketing firm planning downtown expansion
Spur Interactiv announced plans Friday to add 33 employees in downtown Indianapolis by the end of 2022.
Brazilian ag-tech firm picks Indiana for U.S. HQ, plans 334 jobs
Solinftec said Thursday it would invest $50.6 million to establish operations in the Hoosier state. The company makes technology that helps farmers collect and analyze data to increase crop returns.
Indiana Chamber creates umbrella resource for workforce development
The chamber announced Thursday morning that it has created the Institute for Workforce Excellence after its annual survey showed growing concern by employers over their ability to find qualified job applicants.
Indianapolis engineering service provider to relocate to Noblesville
Applied Intelligence Corp. on Tuesday received preliminary approval for tax incentives based on its plan to build a new headquarters in Noblesville.
Future looks brighter in Martindale-Brightwood with new library, high school, community center
Residents of the struggling neighborhood showed up in force on Tuesday morning to celebrate milestones they said represented much-needed change and progress.
Miami-based media company to open Indianapolis office, hire 150 workers
Terraboost Media—which places hand-sanitizer dispensers with poster-size advertisements in businesses—picked the northeast side for its fourth U.S. office.
City-County Council OKs $30M incentive deal with Dow Agro successor
The City-County Council on Monday approved a plan to provide Corteva Agriscience with $30 million in incentives to maintain operations in Indianapolis, but not without reluctance from some council members.
Indiana Chamber’s legislative priorities include issues that recently failed
The statewide business group announced its lobbying agenda Monday—and it includes support for passing a hate-crimes bill and increasing the cigarette tax. Another priority involves the state’s superintendent of public instruction.