Illinois company to expand into Indiana, create 500 jobs
Hoist Liftruck Mfg. Inc., which is based in the Chicago suburb of Bedford Park, plans to spend more than $40 million to set up manufacturing operations in East Chicago.
Economic Development
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State spending $9M on one-stop business portal
Secretary of State Connie Lawson is spearheading the effort to make it easier for businesses to take the steps they need to get registered and get started.
Rook Security plans to add 132 jobs in Indianapolis
The IT security firm, which relocated here from the Silicon Valley five years ago, plans to invest $589,000 to upgrade and buy new equipment at its headquarters at 120 E. Market St. downtown.
Some question if Indianapolis should get regional money
The decision by Indianapolis officials to join Carmel, Westfield and Greenwood in an economic development group seeking millions of dollars in state grants has some questioning whether it needs the help as much as other regions.
Pence woos business prospects at New York Yankees game
The governor was in New York this week with other state officials and business leaders on a "jobs mission," targeting states that traditionally have higher taxes.
Pence heads to New York to woo firms to Indiana
Gov. Mike Pence returned to the New York area on Wednesday for a two-day jobs mission to pitch Indiana as a lower cost place to do business.
Republic Airways planning training center south of airport
The $3.85 million project would allow the regional carrier to train as many as 5,000 employees per year.
Hurco plans to add manufacturing workers at local HQ
Hurco Cos. Inc. plans to move some of its manufacturing operations from Italy to Indianapolis, creating 35 local jobs by the end of 2017, the company disclosed in a tax-abatement request with the city.
European tech firm tags Indy for U.S. headquarters, 167 jobs
Emarsys eMarketing Systems AG, based in Austria, is one of the first high-profile international software companies to establish its U.S. headquarters in Indianapolis, local tech observers said.
Pence sidelines big Democratic fundraiser with IEDC pick
Gov. Mike Pence, a Republican, named a prominent Democrat to lead Indiana's business-recruitment agency on Wednesday, adding a degree of bipartisanship to his administration ahead of what is expected to be a tough re-election campaign.
Architectural exec Schellinger picked as president of IEDC
Gov. Mike Pence has chosen former Democratic gubernatorial candidate Jim Schellinger as president of the Indiana Economic Development Corp.
Local marketing firm plans expansion, 37 jobs
Element Three Inc., a fast-growing Indianapolis-based marketing agency, said it plans to spend $881,000 to add space at The Pyramids office park on the city’s north side, where it already occupies two floors.
State agency spends $300K to add mantra to buildings
So far, the Indiana Economic Development Corp. has slapped the slogan "a state that works" on two buildings, using its existing promotional funds in a budget passed by the General Assembly.
Sports Corp. aims to smash gymnastics attendance record
Local organizers think this year’s national gymnastics championship could have 20 percent higher attendance than the event had last year in Pittsburgh. A massive advertising campaign kicks off Monday.
Indy-based health data firm snares $1.5M in VC round
Healthiest Employers LLC, which collects and measures corporate health information, plans to use the funds to drive sales of its analytics software.
Cook Pharmica to hire 70 workers to expand drug-making capacity
Cook Pharmica, a subsidiary of Bloomington-based medical device maker Cook Group, currently employs 575 workers who manufacture and package drugs for use in clinical trials or for sale on the market.
Indy joins regional group to fund transit route
The City-County Council voted Monday for Indianapolis to join Carmel, Westfield and Greenwood in an economic development group seeking state funding for a rapid-transit route.
Packaging company seeks tax breaks for local plant
A Louisville-based manufacturer of corrugated boxes and other packing supplies is seeking a tax abatement from the city to help it open a local plant and distribution center that would hire 60 workers over the next two years.
Indy’s director of development leaving for IU gig
Adam Thies will leave the position he’s held since 2012 to join the university as its assistant vice president for capital planning and facilities. Thies starts his new job Aug. 17.
Serial entrepreneurs plan 80 hires at fledgling tech firm
Several of the Indianapolis area’s most experienced entrepreneurs and tech executives have joined forces on a digital marketing startup with aggressive growth plans.