New mayor means CIB changes are likely
The new-look Capital Improvement Board–which owns Bankers Life Fieldhouse, Victory Field and Lucas Oil Stadium as well as the Indiana Convention Center–will probably be less cheerleader and more watchdog.
Economic Development
Articles
Renewable-energy firm to invest $180M in new facility
The operation, which is expected to employ 136 in Steuben County by 2019, will convert scrap plastic into ultra-low sulfur diesel and gasoline blendstocks.
Indiana regions passed over for state money continue search
Officials in four Indiana areas that failed to win a share of the tens of millions of dollars in the Regional Cities competition are looking to other sources fund their dream projects.
State announces 650 new job commitments at 17 companies
The Indiana Economic Development Corp. said Thursday morning that it has reached job-creation incentive deals with 17 companies across the state, including 14 businesses in Indianapolis.
Software firm expanding SoBro headquarters
TCC Software Solutions bought a property on East 52nd Street in 2012 and began occupying one of the buildings in early 2014. Now the company plans to renovate another structure at the site to accommodate its growth.
Regional cities money to be awarded Tuesday
Seven regions in Indiana have applied for funding. Three are finalists: southwestern Indiana, the South Bend area and the Fort Wayne area.
Printer plans $3.8 million expansion, local jobs
Fineline Printing Group plans to add 18,000 square feet to its 53,000-square-foot manufacturing facility at 8081 Zionsville Road on the city’s northwest side.
Lawmakers hope for momentum on program to help avoid layoffs
Nearly 30 states have “work-share” programs that pay partial unemployment benefits when employers need to reduce workers’ hours. The idea has gone nowhere with Indiana lawmakers, but the next legislative session could be different.
Milhaus plans to add 250 workers through expansion
Milhaus, parent of several real estate-related companies, is best-known for its local apartment projects, including Artistry, Circa, Maxwell, Mozzo and Penn Circle.
PETERSON: Indiana, China inextricably linked
China matters very much to Indiana’s economy, and its significance will only grow.
Anderson auto-parts plant lands $5M in state incentives
NTN Driveshaft Inc. has been offered $5 million in state incentives to build an $87 million plant in Anderson that is expected to employ more than 500 people, state officials announced Tuesday.
Hotels, retailers expected to follow Ikea to Fishers
Hundreds of acres of undeveloped land surround the 35-acre site the popular Swedish home furnishing company selected—land now ripe for new projects. And in other communities, hotels, restaurants, retailers and even tech companies have followed Ikea stores.
Broad Ripple media firm plans to add 90 workers
Odyssey, which runs a fast-growing, millennial-focused website, is planning a local workforce and real estate expansion amid rising web traffic.
West-side IT firm plans to add 89 jobs by 2019
Kinney Group, which currently has 41 full-time workers in Indiana, said it will invest $5.8 million to renovate 10,000 square feet of space at 2425 W. Michigan St.
Aluminum extrusion plant plans $8.5M expansion
Alexandria Extrusion MidAmerica LLC is planning an expansion at the aging Indianapolis plant it bought in 2012, helping it create 30 jobs and retain 60 workers.
Champions of 16 Tech see it as magnet for development, high-tech workers
City leaders want to make the 60-acre tract of land just north of the Indiana University School of Medicine campus a mix of all of the best the city has to offer and catch the eyes of more creative and highly sought-after workers.
Local tech firm planning another expansion, 69 jobs
Locally-based technology consulting firm Allegient LLC on Friday morning announced plans to spend $1.3 million to renovate and equip unused office space in its headquarters near North Meridian Street and Interstate 465.
Logistics firm planning $14M south-side distribution center
Two local subsidiaries of Miami-based Venture Logistics LLC want to build the 400,000-square-foot facility on a 46-acre site at West Hanna Avenue and Division Street, near South Harding Street.
State jobless rate continues slide, hitting 4.5 percent
Indiana’s unemployment rate dropped to its lowest point in eight years in September as the private sector added 6,600 jobs.
Statewide marketing plan aims to draw horse farms, bettors
The Indiana Horse Racing Commission is poised to make sweeping changes in the wake of the dismissal of its long-time executive director.