Magnetation LLC, which operates a massive iron ore pellet plant in Indiana, has filed for bankruptcy. The company announced plans for the Reynolds plant in late 2012, saying it would spend as much as $350 million on the facility and create up to 100 jobs there by the end of this year.
American Bottling Co. plans to develop a $6.3 million distribution center on the northwest side of Indianapolis, leaving behind a site it has occupied in nearby Park 100 for 40 years.
Locally based Environmental Forensic Investigations Inc. plans to move into a larger headquarters near downtown, doubling its employment to 84 over the next five years.
Indianapolis-based HealthPro suggests health care providers to patients based on the providers’ prices, proximity and availability.
Businesses and other employers can anticipate more technologically literate college graduates—and see their existing employees raise their tech game—if a new program pans out.
Lebanon-based tool manufacturing Festool USA on Monday announced plans to add 55 workers as part of a $6.8 million expansion.
Pence will travel with a delegation of Hoosier business leaders to Beijing, Shanghai and Hangzhou, the capital city of Zhejiang Province, Indiana’s Chinese sister-state. The delegation plans to leave May 9 and return May 16.
The Indianapolis downtown TIF district is so flush with cash that the mayor can cover all its debt payments, fund two layers of reserves, and still have tens of millions to spend at his discretion.
Human resources consulting firm HRD Advisory Group LLC plans to expand its Carmel headquarters, adding 25 employees by the end of 2019, the company announced Tuesday night.
Martin Vanags, who leads economic development efforts for the Indy Chamber, is moving on to a new position in upstate New York.
The city of Fishers is proposing to purchase a new building for its entrepreneurial co-working space that would triple the size of the facility.
Christopher LaMothe, who led the Indiana Chamber of Commerce as president from 1992 to 2002, has been named CEO of Elevate Ventures, a not-for-profit investment group that runs the Indiana Angel Network Fund.
Dattus Inc., an early-stage company with roots in the Purdue Foundry entrepreneurship hub, has moved to offices in Indianapolis and plans to create 37 jobs by 2020.
Peerless Pump Co. is in line to receive a pair of tax abatements from the city after the manufacturer spent more than $18.7 million to improve its Indianapolis plant. The deals could pave the way for an even larger expansion.
The Chicago-based company, which recently hired two ExactTarget alums to lead its Indianapolis operations, said the city will house its largest office.
The Indiana Economic Development Corp. announced Monday it was collaborating with the Indiana Office of Tourism Development in hiring Porter Novelli to strengthen Indiana’s reputation “as a welcoming place to live, visit and do business.”
A-Son’s Construction Inc. plans to consolidate its operations into an existing structure whose location is under wraps for now.
An Italian wind turbine maker is expected to pay a central Indiana county $375,000 for failing to meet a goal of hiring 200 workers by the end of 2014.
Illinois Gov. Bruce Rauner is talking tough about challenging the Hoosier state for jobs. The feud dates back at least to 2011, when Indiana mounted a PR campaign against Illinois’ high taxes.
Employers added only 126,000 jobs, the fewest since December 2013 and snapping a streak of 12 straight months of gains above 200,000. Wage growth remained modest.
