City-County Council approves ‘percent for art’ program
A similar measure was vetoed by former Mayor Greg Ballard last year, but this one is likely to stick.
Economic Development
Articles
CEO survey ranks Indiana in nation’s top 5 for business climate
Among 12 Midwestern states, Indiana ranked No. 2 in both workforce quality and living environment, and No. 3 in taxation and regulations—good for a No. 1 ranking overall in the region.
States, cities dishing out fewer tax breaks to companies
The drop comes in the face of a tough new accounting rule that will force governments to release more information about the deals and a presidential campaign that has both sides criticizing “crony capitalism.”
Veteran economic development exec takes Morgan County job
Mike Dellinger has been named executive director of the Morgan County Economic Development Corp.
Sun King seeks $100K tax break on expansion plans
The brewery is embarking on a project that will enable it to nearly double production and begin distributing throughout Indiana.
Maker of Indy mainstay Bar Keepers Friend plans expansion
SerVaas Laboratories Inc. and a related firm have applied for tax breaks on $3.6 million in investment on the expansion and new equipment.
Workforce challenges a drag on aviation, aerospace industries
A surge of people retiring from the fields has created a talent shortage, and recruiting and training enough workers remain vexing challenges for companies, according to executives at an IBJ event Thursday.
Rolls-Royce, Purdue form $33M jet engine research partnership
The company and university will develop and operate research centers in the areas of advanced thermal management systems and compressor systems.
Indiana lauded for transparency on government spending
A top watchdog group placed the state among four that received perfect scores for online access to financial data.
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.
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.