State needs better water management, report says
The Indiana Chamber of Commerce warns that demand for water from businesses and residents could outstrip the available supply in coming decades.
Economic Development
Articles
Report: Indiana consumer spending rebounds from recession
A new report by the U.S. Commerce Department shows that consumer spending in Indiana has rebounded from the end of the Great Recession faster than the national average.
Hospital services center to hire up to 320 workers
An affiliate of Lutheran Health Network in northeast Indiana that concentrates on health-related businesses services expects to nearly triple its workforce.
Elwood Staffing to add 40 jobs at Columbus HQ
The company, which already employs 200 in Indiana and 1,000 across the country, will accommodate the expansion by buying and renovating a building across the street from its current headquarters.
ITT Educational shares reeling after deal falls through
The real estate deal would have brought as much as $119.1 million for the struggling, Carmel-based education firm.
Green BEAN Delivery plans $3.8M expansion
The fast-growing local company, which already employs more than 200, plans to add up to 105 workers by 2024.
Carmel budget hawks want harder line on deals with developers
The Carmel Redevelopment Commission’s 2014 revenue is estimated to exceed expenses by less than $100,000—a narrow margin for an agency with annual debt payments totaling $17.5 million.
Lowe’s plans massive local call center, sources say
Home improvement retail giant Lowe’s Companies Inc. plans to open a call center on the northwest side of Indianapolis that could employ as many as 1,000 workers, sources familiar with the deal said Monday.
Developer seeks $11.5M subsidy for Carmel project
Edward Rose Development Group is asking the city to issue tax-increment financing bonds to help pay for a parking garage and infrastructure in an $80 million project it’s planning.
Pence wraps up UK trade trip after blitz of meetings
The governor met Wednesday with a company considering Indiana for its U.S. operations, but his office would not identify the firm.
Maplehurst plans expansion into Lebanon, 219 jobs
Maplehurst, which is based in Brownsburg, said it will renovate and equip a 180,000-square-foot facility in Lebanon that will house the warehouse, distribution and manufacturing operations for its cake and cupcake products.
Indiana county planning to start aquaculture park
A central Indiana county is working on plans for a 60-acre aquaculture park in hopes of attracting more business connected with fish production.
Excise police warn retirement home about social-hour alcohol
Indiana excise police told Meadowood Retirement Community that it could no longer serve its residents alcohol without a state liquor license from the Indiana Alcohol and Tobacco Commission.
UPDATE: Hoosier roots keep Jarden Home HQ in Indiana
Jarden Home Brands considered out-of-state sites for a new distribution center to serve its growing consumer-products business, but leaders opted to stay close to home. The Daleville-based company plans to move its headquarters to Fishers.
Jarden Corp. unit plans HQ in Fishers
A subsidiary of the consumer products giant behind Ball jars, Yankee Candles, Crock-Pots and Coleman tents plans to spend nearly $22 million to open a regional headquarters and distribution center in Fishers that could employ nearly 300.
Greensburg factory to invest $28M, add 250 workers
Workers will be hired as global firm Valeo buys new equipment for its 400,000-square-foot engine cooling factory to start new product lines for Honda, Nissan, Chrysler and Ford.
Web startup Bookit planning expansion
Bookit Commerce Inc., which operates the website bookacoach.com, plans to hire 93 people by 2018, the locally based company announced Monday morning.
Quest for development grant sparks infighting in Nashville
The town is one of six finalists to be a Stellar Community, which brings money and support to help spur economic development. But not everyone is happy with how the application process has gone.
Volleyball event’s projected impact raises questions
When Visit Indy announced this week that Indianapolis had landed the 2016 USA Volleyball Girls’ Junior National Championships and that it would carry a $59 million economic impact, a few eyebrows were raised.
Book publisher plans 313 distribution jobs in Indiana
Penguin Random House LLC, the world’s largest consumer book publisher, plans to consolidate much of its U.S. distribution operations in Crawfordsville, the company announced Wednesday morning.