Blue Pillar, which just landed nearly $14 million in equity funding, agreed to move its headquarters from Indianapolis to Maryland after getting $500,000 from a state-sponsored venture capital fund.
A Greenwood firm that manufactures wireless monitoring and control devices plans to move operations into an abandoned plant on the south side of downtown Indianapolis, allowing it to expand and add 25 workers before the end of the decade.
The corner of Brookside Avenue and 10th Street, just off Massachusetts Avenue, could soon be the center of what city planners hope is a model to address industrial blight.
Food container manufacturer Royal Interpack North America Inc., a subsidiary of Thailand-based Royal Group, announced plans Tuesday to spend $11.9 million to open its first Midwest plant.
The defense and aerospace contractor plans to add another 249 workers to its existing work force of 912 in Indianapolis by the end of 2020. It also plans to invest about $26 million on the local expansion.
Gov. Mike Pence, Raytheon executives and officials for the Indiana Economic Economic Development Corp. have scheduled a Monday afternoon press conference at Raytheon Technical Service Co. LLC to officially announce the local expansion.
Two Indianapolis-based companies have reached incentive agreements with the state's economic development agency to create nearly 50 jobs in total over the next four to five years.
The Regional Cities initiative, an economic development proposal focused on Indiana’s struggling metropolitan areas, will come before the Senate with less than a quarter of the funding proposed by Gov. Mike Pence.
The Indianapolis City-County Council on Monday night tabled a decision on whether to issue $18.5 million in bonds to support the expansion of Angie's List’s east-side headquarters.
American Stair Corp. plans to invest $2.9 million to purchase, renovate and equip a 60,000-square-foot plant. State officials are offering $1.7 million in tax incentives.
Lebanon-based D-A Lubricant Inc. on Tuesday announced plans to expand local operations as it relocates production of a Pennsylvania company it acquired last year.
An Indianapolis City-County Council committee approved a proposal Monday night calling for the city to issue $18.5 million in bonds to support the expansion of Angie's List Inc.'s east-side headquarters.
Gov. Mike Pence wants to create an $85.6 million fund to help metro areas improve their quality of life, a new kind of economic development strategy for a state that historically plays up low taxes and highway access.
Stratice Healthcare LLC, which sells an electronic ordering platform for medical supplies, landed an incentives agreement with the state to increase employment at its Carmel headquarters.
Perscio LLC announced Tuesday that it hopes to add 48 full-time employees making an average wage of $43 per hour by the end of 2019.
John Morrell Food Group, one of the oldest meat manufacturing firms in the nation, plans to build and equip a massive refrigerated distribution center just east of Indianapolis.
The company is seeking a property-tax abatement from the city worth an estimated $263,444 to make the plan possible.
Multi-Color Corp. announced Friday that it's expanding operations its 120,500 square-foot manufacturing plant in Scottsburg.
New Albany's city council voted 5-2 on Tuesday in favor of a nonbinding resolution to offer General Mills financial incentives to keep its refrigerated baked goods plant open. The plant has about 400 well-paid employees.
A decision on whether to provide more than $18 million in city incentives to consumer review service Angie's List was delayed Monday night by a City-County Council committee.
