Carmel HR consulting firm plans expansion
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.
Economic Development
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Economic development exec leaves Indy Chamber
Martin Vanags, who leads economic development efforts for the Indy Chamber, is moving on to a new position in upstate New York.
Fishers to buy $3.1M building for co-working program expansion
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.
Former Chamber chief tapped to run Elevate Ventures
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.
Tech firm founded by Purdue grads to grow in Indy
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 discussing major expansion with city
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.
Social media firm Geofeedia plans 336 Indy hires
The Chicago-based company, which recently hired two ExactTarget alums to lead its Indianapolis operations, said the city will house its largest office.
State taps PR firm to boost tourism, economic development
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.”
Muncie firm to hire 300-plus for new HQ by 2024
A-Son’s Construction Inc. plans to consolidate its operations into an existing structure whose location is under wraps for now.
Brevini pays $375K to Delaware County for unmet jobs
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 governor wants to ‘rip the economic guts’ out of Indiana
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.
Pace of U.S. hiring weakens in March
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.
New York manufacturer targets city for HQ move
Opflex Technologies LLC, a manufacturer of specialty foam products, is in discussions with city officials to move its headquarters from St. Johnsville, New York, to the northeast side of Indianapolis.
Angie’s List calls off $40M expansion over ‘freedom bill’
Angie’s List Inc. said Saturday that it is canceling plans for a major expansion to its east-side headquarters “as a result of the passage of the Religious Freedom Restoration Act.” The project was expected to create 1,300 jobs by the end of 2019.
Final Four payoff from 2004 NCAA pact continuing to escalate
A deal struck 10 years ago to bring the men’s Final Four to Indianapolis every five years has become a much-beefier cash cow for the city than any of the pact’s architects could have imagined.
Local tech firm Blue Pillar moving headquarters to East Coast
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.
Greenwood manufacturer plans expansion, move to Indy
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.
Maker-space movement touches down in Indy
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.
Thailand-based manufacturer plans 135 jobs in Anderson
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.
Raytheon reaches $5.4 million incentive deal with state
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.