German company to make board game, puzzles at Indiana plant
The 25-year-old company said it expects to spend $13 million and add up to 75 jobs at the plant by 2021.
Economic Development
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Amazon says it received 238 proposals for 2nd headquarters
Only seven states did not submit proposals to Amazon, seeking to be home of the company’s second headquarters.
Fishers tech-support firm planning $4M expansion, 97 jobs
Netfor, which already has 119 Indiana employees, said it has begun hiring for positions in sales, customer service, cloud support and field operations.
Holcomb taking global approach to economic development
The governor helped persuade India-based outsourcing firm Infosys to establish offices in Indianapolis, got skeptical GOP lawmakers to fund a direct flight between Indianapolis and Paris, and signed an agreement to deepen economic ties with Japan.
Ingram Micro planning 550 logistics jobs in Indiana
The Irvine, California-based company said it will spend $40 million to lease, renovate and equip a 590,000-square-foot facility in the River Ridge Commerce Center in Jeffersonville.
Holcomb headed on trade mission to India
Among the items on the governor’s agenda is a meeting with executives of Infosys, which plans to open offices in Indianapolis projected to create thousands of jobs.
Apartment developer Milhaus lands $245M in equity investments
Milhaus said the capital infusion will help fuel its plan to build thousands of units over the next few years while retaining most of its existing portfolio.
Manufacturer of medical-device parts plans $51.1M expansion, 337 hires
Fort Wayne Metals expects to add employees in all areas of the business, including production and maintenance, regulatory compliance and environmental safety.
Indy region submits bid to land Amazon’s proposed second headquarters
An Indy Chamber spokesman said Wednesday morning that the bid “has been sent as of last night to arrive ahead of the Oct. 19 deadline.”
Tale of 2 cities: Gary open about Amazon bid; Indy area still quiet
The long-struggling city of Gary in northwest Indiana is hoping to stand out in Amazon's search for a second headquarters site. Meanwhile, Indianapolis-area leaders are also making a pitch, but aren’t talking about what they’ll be touting.
Toyota, Mazda seeking $1B in incentives for joint car factory
Indiana is among more than a dozen states trying to land the $1.6 billion project, which could require a generous outlay from the winning locale.
Manufacturer plans $8 million plant, 87 jobs in Westfield
A locally-based subsidiary of Japan-based Toyota Industries Corp. plans to spend $8 million to build a 90,720-square-foot factory east of U.S. 31 near 196th Street.
Neighborhood effort Lift Indy launches with $4.5M investment
The Monon16 area on the near-north side is the first to be selected as part of Lift Indy, designed to deliver concentrated doses of federal community development funds.
Carmel cloud-computing firm plans to add 50 workers
CleanSlate Technology Group, a reseller of IBM products that also provides consulting services, said it will invest more than $1 million to expand its headquarters to accommodate the additional workers.
Indy GDP keeps up with most peer cities
Indianapolis’ economic performance in recent years has been as good or better than that of most of its peer cities around the Midwest, new government data show.
City hush-hush about Amazon HQ2 bid
Central Indiana is facing crunch time in its push to bid for the Amazon HQ2 project, with pitches to the Seattle-based company due Oct. 19, less than two weeks away.
Fuzic planning to add more than 250 jobs in Fishers by 2020
The company, which sells software for on-site audio marketing, intends to spend $3.7 million to triple its office footprint in Fishers’ Nickel Plate District.
State manufacturers float relocation tax credit idea as tool to lure workers
The Indiana Manufacturers Association is also hoping the state will allow local governments to offer relocation tax incentives to build upon any that the state offers.
KAR Auction Services planning $80M HQ project in Carmel
The Carmel-based vehicle reseller announced Tuesday that it intends to develop a new corporate campus that includes a 250,000-square-foot headquarters that provides room for 400 additional employees.
Trump push for U.S. jobs could spur boom in ‘corporate welfare’
Some analysts foresee a rush of new state-level subsidies and tax breaks as governors compete for any new facilities built by companies suddenly flush with newfound tax savings.