Three village hubs marked for investment
Great Places 2020 targets intersections that can anchor city’s next walkable villages.
Economic Development
Articles
Price tag for Walmart e-commerce center to hit $102M
The retailer has finalized a contract for state incentives on the 1.1 million-square-foot project, pledging to hire 303 workers by the end of 2015.
State unemployment holds steady at 5.7 percent
Indiana added 5,500 private-sector jobs in October with modest bumps in manufacturing and the trade, transportation and utilities sector.
Association manager plans headquarters expansion
Raybourn Group International plans to expand its corporate headquarters in Indianapolis and add as many as 35 workers over the next nine years, the company announced Tuesday.
Georgia-based wire maker plans Indiana expansion
The country's largest wire and cable manufacturer says it will expand its northern Indiana operations and add as many as 100 workers by the end of 2016.
Kimball to move plant to Indiana, plans 160 new jobs
Office furniture maker Kimball International Inc. plans to sell its metal-fabrication facility in Post Falls, Idaho, and move the plant's operations to Indiana, creating up to 160 jobs by the end of 2016, the company announced Wednesday.
Auto part manufacturer to open Evansville plant
Fisher Dynamics said Wednesday that it will create 169 jobs within two years of the opening of a 113,000-square-foot manufacturing facility in Evansville.
Biotech firm Algaeon switches gears, stays in Indy
After planning a move to Westfield, Algaeon Inc. has instead leased new space in Indianapolis for a research and production facility. Planning 25 hires, it is seeking a tax break from the city on $4.9 million in new equipment.
Initiative raises $1M to boost science-based ag businesses
AgriNovus, the newest initiative of the Central Indiana Corporate Partnership, wants to help Hooosier ag companies play a leading role in figuring out to feed the world’s fast-growing population.
Forbes touts Indiana’s economic record, Pence’s resume
Publisher Steve Forbes tells IBJ why Indianapolis will host a national conference on innovation, why Gov. Mike Pence would make a good presidential candidate, and how the GOP should advance its agenda.
Upstart local casket company about to go under
Genesis Casket Co., a locally based manufacturer that appeared to be on the fast track just a few years ago, has notified the state that it plans to close its Indianapolis headquarters, ending employment for 56 workers.
Westfield weighs public lease for soccer arena
City officials are proposing to pay for the $25 million project at Grand Park Sports Complex through a publicly funded long-term lease.
Kennedy’s growth plans may pit Athletic Annex against company he founded
Bob Kennendy didn’t rule out the possibility of going head-to-head with Runners Forum and Blue Mile, the two dominant specialty running retail stores in this market.
Fishers weighs tax break for Roto-Rooter facility
Fishers Town Council is expected to consider a tax abatement for Roto-Rooter Inc., which is weighing a site along Interstate 69 for a $6 million building to house its expanded regional operation.
Health clinic operator plans HQ expansion, 203 new jobs
Activate Healthcare LLC, an Indianapolis-based workplace health clinic operator, plans to expand its local operations, adding as many as 203 employees over the next nine years, state economic development officials announced Friday morning.
MORALEZ: Hoosier angel investment needs further shots in arm
When I started my first company, Bio-Storage Technologies, back in 2002, raising angel capital was time-consuming and inefficient, and the results were mixed at best.
Cutillo ramrods entrepreneurship at Stonegate
Jim Cutillo, co-founder of the fast-growing mortgage company, pushes with military intensity.
Environmental contractor plans $2.8M HQ in Westfield
Environmental contractor Thieneman Construction Inc. plans to build a $2.8 million headquarters in Westfield’s Custom Commerce Park, more than doubling its staff there over the next decade.
Threat-detection tech firm plans to create 84 jobs
Lafayette-based Emerging Threats Pro LLC said it will invest $967,000 to open an outpost in the Parkwood Crossing office park in Carmel.
Angie’s List plans big expansion with $25M in public help
The struggling consumer-review firm plans to spend some $40 million to expand its headquarters campus on the east side of downtown and create 1,000 jobs with the help of more than $25 million in state and city incentives.