Downtown tech firm planning to add 20 software developers
The company, which makes custom data-tracking software for its clients, plans to move into a bigger office space in the Stutz Business Center within the next six months.
Economic Development
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Japanese manufacturer plans $100M Indiana plant with 200 workers
NTN Corp. and state economic development officials announced Friday that NTN subsidiary NTK Precision Axle Corp. plans to break ground on the 300,000-square-foot facility this spring.
Holcomb seeks $4M to plan next Regional Cities round
The governor is so pleased with the progress of the Regional Cities program implemented last year that he’s seeking more money from the Legislature to advance it.
Development taking off in east-side corridor
Harrison College is asking $11.5 million for its two-building campus along East Washington Street, a steep jump from their assessed values but reflective of the area’s increasing potential for growth.
Startup that helps doctors direct-bill patients plans to add 64 workers
Freedom Healthworks, which expects to serve 12 physician practices with 6,000 patients by the end of the year, is relocating from Nora to downtown and tripling its office space.
Young design firm planning 25-employee expansion
The architectural and interior design firm on Wednesday announced plans to double its office space in the Stutz Business Center.
Korean car parts maker targets Indy for U.S. HQ, 180 hires
Daechang Seat Co. is seeking tax breaks from the city for its plans to invest $16.8 million in a production facility and establish a base of operations in America.
Ganassi Racing seeking tax break for $3.5M expansion
The owner of four IndyCar racing teams says the tax abatement would help offset costs related to a 40,000-square-foot addition the company wants to build at its northwest-side headquarters.
Fast-growing jobs-app startup plans to add 161 central Indiana jobs
Carmel-based Work Here LLC, whose mobile app uses GPS to connect job-seekers and employers, is entering 15 new metro areas after amassing 36,000 users in Indiana.
Tech firm Levementum planning to add 175 high-wage jobs
Arizona-based Levementum LLC is on track to receive state and local incentives to help fuel the expansion of its Indianapolis office.
CEO says Bottoms Up poised for growth despite tax abatement setback
After hitting some hurdles and then switching its client focus, the maker of the novel beer-dispensing system says sales are beginning to rise.
Trump’s trade rhetoric casts uncertainty over Indiana exporters
Changes in trade policy would reverberate across Indiana, given its status in a new Brookings Institution study as the most export-dependent state in the country.
Upstart digital marketer plans to hire 51 in Fishers
Iconic Digital Marketing will accommodate the expansion by moving out of Launch Fishers into its own space in the city's Nickel Plate District.
‘Bottoms Up’ beer-dispenser maker faces tax-break termination
The Metropolitan Development Commission is slated to vote Wednesday to terminate a tax-abatement agreement with Indianapolis-based GrinOn Industries LLC, makers of the “Bottoms Up” beer-dispensing system, which fills cups from the bottom.
MD Logistics plans 50-job expansion in Plainfield
The third-party logistics provider said it will invest $3.7 million to upgrade a 173,000-square-foot facility—creating additional pharmaceutical-grade storage capicity that will allow it to service a new contract.
Job training tax credits gain steam in Legislature
Indiana employers would be able to claim tax credits to offset costs associated with training and credentialing their employees under legislation being considered by the Indiana General Assembly.
Officials still evaluating Interstate 69 completion schedule
While progress is being made on the Interstate 69 project south of Indianapolis, noncommittal answers about the project's completion have government officials frustrated.
Toyota to add 400 jobs, sink $600M into Indiana SUV factory
The factory will be able to build 40,000 more Highlanders per year when the expansion is finished in the fall of 2019.
City lands $55M in federal tax credits for economic development projects
Mayor Joe Hogsett said the award of the New Markets Tax Credits will provide gap financing for "developments designed to jump-start economic development, create jobs in at-risk areas and revitalize distressed neighborhoods.”
Celadon planning to add 375 jobs as part of expansion
The Indianapolis-based trucking and logistics company, which is building a $28 million corporate campus in Hancock County, has been approved for almost $3 million in state economic incentives.