New manufacturer for boating, RVs to take root, hire 198
Indiana Composites, a fledgling maker of fiberglass components for the boating, RV and specialty vehicle markets, plans to buy, renovate and equip a 75,000-square-foot manufacturing facility.
Economic Development
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Trucking company plans hundreds of jobs in Plainfield
Trucking and logistics company Knight Transportation Inc. expects to add as many as 426 employees at its new Regional Operations Service Center in Plainfield by the end of 2021, the company announced Tuesday.
New state program spending $22M to boost job training
Several central Indiana groups already have received millions of dollars from Skill UP to give students and workers the training they need to fill jobs that are in high demand.
IEDC: Mexico move to save Carrier’s parent firm $65M per year
That’s less than 1 percent of United Technologies Corp.’s annual revenue in the heating and air conditioning section of its business, according to the Indiana Economic Development Corp.
Crooked Stick making major improvements for PGA Tour event
Crooked Stick has poured more than $3 million into course upgrades, and event organizers are promising smoother traffic flow and faster shuttle service for this year's BMW Championship. Jordan Spieth's presence could spur bigger crowds.
Farm equipment maker to move HQ to Shelbyville, hire 101 workers
Currently based in Tennessee, the company plans to build a 200,000-square-foot facility on 40 acres of undeveloped land at the intersection of Interstate 74 and S.R. 44.
Marketing firm plans new downtown HQ, to hire 20
Indianapolis-based marketing and advertising firm Matchbook Creative is spending nearly $1 million to establish a larger headquarters downtown and plans to more than double its work force by 2019.
Virginia-based tech firm to open Midwest office in Fishers
Sterling, Virginia-based Innolance Inc. plans to open an office in Launch Fishers that will employ as many as 31 workers by the end of 2020, the company announced Wednesday.
Tube manufacturer moving HQ to Carmel
Precision Products Group Inc. is set to move its corporate office this month into a 3,402-square-foot space at 10201 N. Illinois St., state economic development officials announced Wednesday.
Indiana governor signs bill eliminating unpopular ISTEP
Indiana Gov. Mike Pence signed the measure into law Tuesday during an assembly at Eagle Elementary School in Zionsville.
Creator of Indiana’s ‘Illinnoyed’ ads goes to work for enemy
Kelly Nicholl, the first marketing director for the Illinois Business and Development Corp., served until recently as vice president for marketing with the Indiana Economic Development Corp.
Indy airport board cancels $500M medical plan; to reopen bidding
The Indianapolis Airport Authority board said it would “leave our options open and continue to search for the optimal project.”
Fishers courts, wins technology businesses
Fishers has become a mecca for tech companies—but it didn’t happen overnight and it didn’t happen by accident.
Airport chair delays vote on medical project, cites Hogsett concerns
Airport authority board Chairman Kelly Flynn sent an email Tuesday evening to other board members, telling them “we need to take a step back” on Athlete’s Business Network’s plan.
Allegion units seek local tax breaks for plant expansions
Two local subsidiaries of Carmel-based security-products company Allegion America are seeking roughly $769,000 in local tax breaks in return for a $13 million expansion that could lead to 158 new jobs in Marion County by 2020.
Celadon eyes Mount Comfort for $20M headquarters
Publicly traded Celadon Group Inc. has had its headquarters at East 33rd Street and Mitthoeffer Road in Indianapolis since 1996. The company is looking elsewhere because that 40-acre site has no room for expansion and is landlocked.
Savvy strategy helped Pence get full Regional Cities funding
IEDC’s decision to leave all three winning regions in limbo about funding meant many more cheerleaders when the issue went to the General Assembly.
Blue Horseshoe planning $3.5M expansion in Carmel
The Carmel-based software firm announced plans Thursday to move into a new headquarters and add 70 highly paid employees over the next five years. Citimark is developing the three-story office building along the North Meridian corridor.
Is Indy holding back its kids?
Each year children spend growing up in the Indianapolis area causes them to fall further and further behind their peers nationally in future earnings potential.
No change on Indiana plant closures after Pence meeting
United Technologies hasn’t changed plans to close two plants with 2,100 workers, but it intends to pay back money it received in incentive agreements and keep about 400 research-and-development and executive jobs in the state.