Electrical safety firm to expand in Zionsville, add 30 workers
Lewellyn Technology plans to add a training center to its current headquarters.
Economic Development
Articles
Mayor unsure how much of Rexnord incentives city could claw back
Indianapolis officials had success recovering $1.2 million from Mexico-bound Carrier Corp. In the case of Rexnord Corp., which announced a tentative plant closure last week, the incentives in play could be far less.
Indiana, Illinois still working on Illiana Expressway plans
Transportation officials in Indiana and Illinois expect to complete a revised environmental impact assessment for the proposed 47-mile Illiana Expressway between the two states this fall.
New eco-devo VP wants to encourage ‘tech boom’ in Indy
Ian Nicolini, 33, will serve as vice president of Develop Indy after his whirlwind tenure as town manager of Speedway. As in his previous position, Nicolini is charged with attracting companies and jobs to the area.
Indy firm specializing in prescription discounts plans to hire 230
Rx Help Centers, which helps insured and uninsured patients extract discounts on brand-name and generic drugs, has grown rapidly since shifting its focus from individuals to employers last year.
Indiana Biosciences Research Institute picks chief scientific officer
Rainer Fischer most recently served as senior executive director of the Fraunhofer Institute for Molecular Biology and Applied Ecology in Germany. The institute is part of the largest applied science research organization in Europe.
Real estate tech firm plans 48 jobs in Indianapolis
A Chicago-based real estate technology firm plans hire almost 50 people at a new office in Indianapolis after receiving an infusion of venture capital and potential tax breaks from the state, the company announced Tuesday.
Holcomb touts GOP economic record at debate; Gregg frustrated with ‘status quo’
The three gubernatorial candidates—Democrat John Gregg, Republican Eric Holcomb and Libertarian Rex Bell—debated issues relating to jobs and the economy at the debate at University of Indianapolis.
Abandoned P.R. Mallory factory to get new life as Purdue high school
The east-side factory used to employ 1,500 dry-cell battery makers, but has been abandoned for decades.
Parts distributor plans to open warehouse in Brownsburg, hire 118
Avept Inc., a distributor of powersports and automotive parts, said it will spend $6.3 million to buy, renovate and equip a 100,000-square-foot building in the Hendricks County community.
Pete Dye, still swinging at 90, to open new golf course in Westfield
Chatham Hills officials said their golf course could be the best that legendary golf architect Pete Dye, 90, has developed in Indiana. Could it be home to the state’s next PGA event?
Liquor distributor plans $7M renovation, 30 new jobs on south side
The parent company of National Wine & Spirits, has applied to the city for a property-tax abatement on the project that will save it an estimated $335,243 over the eight-year abatement period.
GOP’s Holcomb says keeping surplus key for Indiana economy
Protecting Indiana's state government surplus and completing some big-ticket transportation projects are among the items Republican gubernatorial candidate Eric Holcomb said Tuesday were keys for spurring business growth.
Developers ironing out details on $20M housing project in Mapleton-Fall Creek
Mapleton-Fall Creek Development Corp. and Merchants Affordable Housing Corp. are closing in on a complex financing plan for the proposed low-income housing development.
E-commerce firm investing $4.75M to open 75-worker Plainfield fulfillment center
VMInnovations will distribute everything from electronics to baby products from a 160,000-square-foot building it is renovating at 2812 Airwest Blvd.
FedEx planning $170 million in improvements at airport hub
According to a tax-abatement application with the city, FedEx plans to install $170 million in new package-sorting equipment, while adding 27 full-time jobs and 178 part-time jobs. It would also retain 728 full-time and about 3,200 part-time workers.
Food producer relocates to southern Indiana from Illinois
Enjoy Life Foods said Thursday it plans to create 200 new jobs in Jeffersonville by the end of 2017. It already has hired 100 employees there.
Is free trade political rhetoric in step with reality?
Experts say the impacts of free trade agreements, such as NAFTA, have been a mixed bag.
State offered $24M in incentives to companies offshoring jobs
Since Indiana Gov. Mike Pence took office in 2013, the state’s economic development agency has approved $24 million in potential incentives to 10 companies that sent work to foreign countries, according to a newspaper report.
Indiana names 14 ‘Companies to Watch’
Companies to Watch recognizes high-performing, second-stage businesses that are developing innovative products and business practices.