Blue Marble Cocktails and Spirits is spending more than $9 million to relocate its headquarters and establish manufacturing locally. It plans to create annual capacity to produce three million, 24-can cases of its cocktails, which range from Cinnamon Toast to Bloody Mary.
Founded in 2016, the Indianapolis-based company created an app that matches food-service establishments with professionals seeking work.
The competitive program will dole out grants from as little as $7,500 to as much as $10 million. The endowment stipulates that funded programs must be implemented within Marion County.
Direct Connect Logistix has left the Stutz building for more space in the Cosmopolitan on the Canal building as part of its plan to add as many as 90 workers by the end of 2020.
State Sen. John Ruckelshaus has introduced a bill that would provide a state tax credit to employers that give minimum-wage workers a pay raise after they complete a training program.
The announcement Thursday comes in the wake of a scathing resignation letter from Gov. Eric Holcomb’s outgoing Department of Child Services director.
Craft breweries are raising a glass to the new tax overhaul. Retailers, long saddled with heavy tax bills, will get relief. So will some high-profile names in corporate finance.
Slayings in Chicago, St. Louis and Indianapolis are becoming concentrated into small areas where people are dying at a pace not seen in years, if ever. Around them, much of the rest of the city is growing more peaceful, even as the total number of homicides rises.
Growing architecture firm Guidon Design Inc. plans to occupy the currently vacant and dilapidated structure on North Pennsylvania Street and boost employment by nearly 50 percent.
The funding for Tippecanoe County and nine other counties is intended to help turn the region into a hub for agricultural research and advanced manufacturing.
Thyssenkrupp Steering will create 64 new jobs and plans to move existing positions from its operations in Indianapolis to the new location at Exit Five Parkway.
Much of the anticipated shortfall is due to a sharp decline in corporate income tax collections as businesses claim all the state tax credits they’re entitled to, rather than applying them in future years.
The developer-backed bonds will support a 87-unit, $18.9 million mixed-use apartment building that’s been in the works for about two years.
Southfield, Michigan-based Janesville Acoustics informed state and local officials last week that the Richmond factory, which makes thermal and acoustical insulation for the auto industry, will close by August 2018.
The city of Indianapolis has taken a major step toward building the $572 million criminal justice center in Twin-Aire neighborhood where the Citizens Energy coke plant once stood.
The Anderson City Council is considering a tax abatement on the investment, which is expected to create 30 jobs.
Moser Consulting Inc. plans to spend more than $1.5 million at its local headquarters to accommodate the expansion.
The 5-year-old company said it will spend about $2 million to improve its existing 10,000-square-foot downtown office.
While the economic impact for the 2021 All-Star weekend could top $100 million for Indianapolis, the hard costs and soft expenses for the Pacers and city will easily reach eight figures.
The IEDC, which leads the state’s economic development efforts, said it secured 293 commitments in 2017 from companies around the world to locate or expand in Indiana.
