Food maker to spend $43.9M to re-equip Lebanon facility
Canada-based Skjodt-Barrett Foods plans to hire 97 more workers by 2017 at its Boone County operations, established in late 2011.
Economic Development
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Fishing lure maker plans Indiana expansion
LureCraft Fisherman's Shop Inc. said the expansion will triple its current space in LaGrange and allow it to add 91 workers before the end of 2017.
MacAllister Machinery plans $44.5 million headquarters
The longtime Caterpillar dealer said the 300,000-square-foot project on 133 acres at 6300 Southeastern Ave.will create 70 jobs.
ROBINSON: Downtown vacancies will plunge soon
Something’s happening in downtown Indianapolis that I’ve never seen in my 25 years as a commercial real estate broker here.
HOHMANN: Whatever happened to the fab 16 Tech?
Strong leadership is needed for the urban Indianapolis tech park to hit its high potential.
Caterpillar chief: Indiana growing more competitive
CEO Doug Oberhelman said Tuesday that government overhauls and an aggressive economic development policy have made the state among the most attractive for investment.
Auto supplier plans $73.5M plant in Boone County
A Japanese auto-parts supplier plans to invest $73.5 million to build and equip a 151,000-square-foot manufacturing facility in the community of Jamestown, adding up to 195 jobs by 2017.
Bub’s Burgers planning $1.3M outpost in Fishers
Central Indiana favorite Bub’s Burgers and Ice Cream has chosen downtown Fishers to build its fourth restaurant, town officials announced Thursday evening.
Financial services firm to hire up to 153 in Castleton
Chicago-based Cortland Capital Market Services, which has $40 billion in assets under administration, has begun hiring for a variety of financial positions. The Indiana Economic Development Corp. has agreed to provide Cortland up to $1.8 million in tax credits.
U.S.-Japan group calls for finishing trade pact
Government officials from the United States and Japan called Monday for completion of an international trade agreement that they said would strengthen ties between the two allies and help both countries recover from their own economic struggles.
Harlan Bakeries plans $13M expansion in Avon
The company, one of Hendricks County’s largest employers, said the expansion will help it retain 700 workers at its flagship plant
Pence, other governors meet with Japanese trade officials
This year’s goal for the Midwest U.S-Japan Association is to find opportunities for the Midwest’s environmental, health and wellness sectors as the population of Japan and the U.S. states age.
Noblesville pursues cultural district designation
Noblesville is positioning itself to join an elite group of Indiana Cultural Districts—a state designation officials say should boost the city’s appeal and help drive economic development.
Lowe’s seeks $500K tax break from city on customer center
The home-improvement retail giant plans to hire 1,000 workers for the center at Intech Park on the northwest side. The jobs would pay an average hourly wage of about $16.
Zionsville, Boone County offer deal to land IT staffing firm
Indianapolis-based Smart IT Staffing Inc. is considering a move to Northwest Technology Center in Zionsville, where it would have room to add 85 jobs over the next five years.
Auto parts supplier plans Indiana factory, 253 jobs
Tenneco Inc. announced Wednesday that work is underway preparing an existing 150,000-square-foot building in a Jeffersonville industrial park for the factory.
Large crowds buoying pro sports teams
There’s never been a better time to be a professional sports franchise operator in Indianapolis. Season-ticket renewal rates and attendance are near record levels. But some observers wonder whether too much of a good thing could turn into a bad thing if spending on sports outruns growth in the local economy.
UPDATE: Tech entrepreneur Braun named DWD commissioner
State Rep. Steve Braun, an entrepreneur who sold a publicly traded technology company a decade ago, will take over leadership of the Indiana Department of Workforce Development in late November, Gov. Mike Pence announced Thursday morning.
Boone County agency taps native as eco-devo leader
Molly Whitehead joined Boone Economic Development Corp. as executive director Aug. 18, a little more than a month after predecessor Bryan Brackemyre left for a job at Ernst & Young.
Ten local innovations chosen to reap awards
New things ranging from apprenticeships to beer dispensers to the Indianapolis Zoo's orangutan exhibit are in line for awards at this year’s Day of Innovation at Hilbert Circle Theatre.