ConAgra expanding Indiana popcorn facility
ConAgra Foods says it will spend nearly $9 million to expand its popcorn production operations in northwestern Indiana, where it expects to add up to 80 workers in the coming year.
Economic Development
Articles
Roberts leaving downtown location as part of $2.5M expansion
The retailer of photo, video and electronics equipment will move from 255 S. Meridian St. to larger downtown space at 220 E. St. Clair St. Roberts plans to add 35 workers by 2018.
Indiana golf courses seeing revenue increases
While golf-related revenue for courses nationwide was down 2 percent in April compared to the same period a year ago, Indiana courses were up almost 8 percent. And that's not the end of the good news.
Biotech firm Algaeon plans $25M lab in Westfield
Indianapolis-based Algaeon Inc. plans to move its algae-growing operation to Westfield, investing $25 million and adding 25 jobs over the next five years. The biotech firm is seeking to phase in personal property taxes while it ramps up production.
States could be expanding wealth gap with tax policies
Politicians in Indiana and other states hope tax cuts for businesses will boost their economies, but those and other moves could be contributing to the income gap limiting growth in U.S. consumer spending.
Fishers OKs tax break for medical building
Cornerstone Cos. plans to locate the $11 million project near Interstate 69.
Tiny Sheridan girds for inevitable growth
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
Online grocer plans 238 jobs in Indianapolis
Peapod Inc., an online grocery-delivery service, is seeking city tax incentives to help it with an expansion that would create 238 jobs by 2018. The jobs would pay about $15 per hour.
Indy’s Evolution: Johnson County steps up growth chase
The county south of Indianapolis was king of the suburbs in the 1970s, but now has fallen far behind Hamilton to the north in population and income, and in recent years slipped behind Hendricks County to the west.
Pedcor angling for $16M subsidy for City Center expansion
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
UPDATE: Manufacturer plans $110M expansion, 329 jobs
Alcoa Howmet factory in LaPorte, which makes castings for the aerospace and industrial gas turbine industries, will receive local and state tax breaks in return for job commitments.
OurHealth to add employer clinics, 450 jobs by 2018
The 5-year-old firm has pledged to invest $20 million to double the size of its corporate headquarters in Indianapolis and lease real estate for a series of 3,500-square-foot health clinics across the state.
Isotope maker plans $40M project in Noblesville
Radiopharmaceuticals maker Zevacor Molecular plans to open a $40 million isotope-production facility in Noblesville, creating nearly 50 good-paying jobs within five years.
Automated systems provider expands downtown
Open Control Systems LLC is investing $1.6 million to renovate, equip and lease 14,000 square feet of space over two buildings at 905 N. Capitol Ave.
Tower manufacturer plans 639 jobs in Indiana expansion
Nello Corp. Inc., a designer and manufacturer of galvanized steel towers and poles for the wireless industry, plans to move its Fort Worth, Texas, operations to Indiana, the state announced Thursday morning.
Indiana manufacturer plans $7M expansion
Yorktown-based Mursix Corp. on Thursday announced plans for a headquarters expansion that’s expected to create 108 jobs by 2017.
Life sciences critical mass elusive in Indiana after years of effort
Attempts to build the sector are making headway, but Indiana still lags leading states.
Move east angers Big Ten fans, could rob Indy of millions
The Big Ten's push east could rob Indianapolis of two events that carry visitor spending of a combined $30 million each time they're held here.
Health IT firm hc1.com to add up to 175 Boone County jobs
The company said it will invest $2.5 million to lease and renovate an additional 9,466 square feet to expand its current 16,626-square-foot headquarters at Northwest Technology Park.
Interactive Intelligence plans $28M building, 430 hires
Local software firm Interactive Intelligence Group Inc. announced Thursday afternoon that it plans to hire 430 employees by the end of 2016 as part of a major expansion of its headquarters.