In addition to naming the president of the Indiana Economic Development Corp., Gov.-elect Eric Holcomb on Thursday picked a leader for the Indiana Department of Transportation and someone for a new position to fight substance abuse.
Departing Indiana Attorney General Greg Zoeller wants to persuade the organization to add Indianapolis to its roster of world trade centers, hooking local firms into international business networks and encouraging imports and exports.
Outgoing Gov. Mike Pence appointed Victor Smith to serve as the state’s secretary of commerce in January 2013.
BSN Sports LLC plans to spend $2.4 million to improve its sportswear production facility on the city’s northwest side.
The Indiana Economic Development Corp. said the decline in deals is a good thing because it reflects a strong Hoosier economy.
The owner of the former General Motors stamping plant property plans to solicit bids for the site as early as next month and is expecting proposals to be much bolder than previous pitches.
The Columbus-based engine maker will receive a 10-year personal property tax abatement on IT equipment for its new nine-story building, where it plans to employ about 250 workers by next month.
IU Athletic Director Fred Glass would have good reason to be conflicted about the Hoosiers’ participation in the all-Indiana hoops double-header, which is no doubt a boon for downtown Indianapolis and Butler.
Tourism officials project that 40 percent of those attending the new fan-friendly event will come from outside Indiana. The attraction could score $2 million for downtown hotels and restaurants.
The $150,000 loan to a businessman was made more than three years ago as part of an effort to redevelop a Muncie building and create jobs.
Healer Health makes shoes under the brand name I-Runner. It’s moving its operations from Kentucky to Zionsville next month.
The resolution directs the manufacturer to pay back the money and authorizes the Department of Metropolitan Development “to take such action as is necessary to recover said damages.”
An Italian company planned to create 450 jobs when plans for its Muncie factory were announced in 2008, but it never employed more than about 60.
Connecticut-based United Technologies, the parent firm of Carrier Corp., said in a statement that its plans to send 700 Huntington jobs to Mexico haven’t changed.
The Hogsett administration has begun using TIF financing for neighborhood projects, but the developers have to agree to back the bonds.
The state rarely has to dole out incentives to retain jobs. Experts differ on whether that’s likely to change in the wake of the $7 million deal state officials cut to keep an Indianapolis HVAC plant open.
Jim Schellinger, a former Democratic candidate for governor, became president last year of the Indiana Economic Development Corp. In accepting the new position, he will retire from CSO Architects, where he had served as CEO, and sell his ownership stake.
The union president slammed by Donald Trump on Twitter challenged the president-elect to back up his claim that a deal with Carrier Corp. would save 1,100 jobs in Indianapolis.
Zionsville-based Clear Software LLC is planning a major expansion that could transform it from a small startup into large tech firm with almost 200 workers.
Council members voted 24-1 to include in the TIF district the former General Motors stamping plant property and the Market East District.
