Movie shot in Indiana headed for theaters
Indiana isn’t exactly one of Hollywood’s top locations for filming, but the state landed an upcoming film despite its lack of filmmaker incentives or exotic scenery.
Economic Development
Articles
Investment manager sees good growth prospects for 2014
Tom Pence predicts change for U.S. manufacturing.
Panel’s use of TIF funds spurs new flap in Carmel
The cash-strapped Carmel Redevelopment Commission is revising its 2014 budget to account for the loss of a six-figure income stream critics say it was not entitled to use in the first place.
Report: Ditching business property tax shifts burden to others
Gov. Mike Pence’s plan to eliminate the tax on business equipment would mean significantly higher taxes for other property owners if the state took no specific action to protect them, according to a new analysis.
T-shirt printer plans 105 jobs in Lawrence
ooShirts said it will invest $1.2 million to equip a 26,000-square-foot building that will house more than 25 automatic and manual presses.
State reaches expansion deals with 7 companies
Indiana Gov. Mike Pence announced plans Wednesday for seven companies to expand or start operations in central Indiana, creating a combined 1,013 jobs over the next eight years if their plans come to fruition.
Ascension hospitals pledge 549 more service center jobs
Even though St. Louis-based Ascension Health cut nearly 900 jobs this year from its Indianapolis-based hospital subsidiary, St. Vincent Health, it wants to add 549 more to its service center here by 2016.
IT management firm BlackInk plans downtown expansion
Technology management firm BlackInk IT plans to expand its downtown headquarters, adding 30 workers by 2017, the Indianapolis-based company announced Friday morning.
Car parts maker to expand operations, hire 120
Mayco International LLC will invest $2.9 million and significantly boost employment at its Hartford City plant, due to new client orders for interior sunshades.
Shoe maker targets Indiana for 184 customer-service jobs
The maker of Stride Rite, Sperry Top-Sider, Hush Puppies and Keds footwear plans to expand operations in Richmond, creating 184 jobs by 2017 and retaining 130 workers in the city about 65 miles east of Indianapolis.
Security firm’s job-creation plans draw state incentives
Allegion PLC’s plans to add employees at its North American headquarters in Carmel could earn the global security firm as much as $2 million in tax credits from the Indiana Economic Development Corp.
Region registering impressive tech-job gains
Indianapolis’ and Carmel’s work forces were so lacking in high-tech jobs in 2001 that the void led to breakneck-speed hiring over the past 12 years as the cities caught up—faster than almost any other place in the United States.
Downtown plan proposes street changes, parks, lighting
A not-for-profit’s proposal for downtown Indy focuses on making it more comfortable and dynamic for urban dwellers.
Software startup lands state incentives, plans growth
AppealTrack, which makes software that manages property tax appeals, expects to double its staff to 14 by 2016.
Westfield gearing up for big hospitality play
Westfield’s massive Grand Park Sports Campus doesn’t open until March, but city leaders already are focused on making sure the 1 million-plus visitors they expect next year want to come back.
Manufacturer seeks tax break, plans to add 100 jobs
Applied Composites Engineering Inc., an Indianapolis-based designer and manufacturer of products for the aerospace industry and military applications, is planning to spend $2.5 million on equipment that would help it double its work force over the next six years.
Indiana unemployment rate sinks to 7.5 percent as state adds jobs
The state’s jobless rate has been on a downward spiral in recent months, dropping from 8.4 percent in July to 8.1 percent in August, then falling to 7.8 percent in September.
Newegg lands incentives from state for distribution center
Online electronics retailer Newegg Inc., which reached an inducement deal with the city in September to open a distribution center in Indianapolis, has landed even more incentives from the state, the Indiana Economic Development Corp. announced Wednesday.
Health care cloud firm expanding, adding 62 jobs
The Zionsville-based firm said it will spend $1.4 million to lease and equip a 16,626-square-foot headquarters facility at Northwest Technology Park to allow for the expansion.
Lugar big winner at Indiana Chamber awards night
Former Sen. Richard Lugar won the Indiana Chamber of Commerce Government Leader of the Year award Tuesday night, even though the Republican was ousted from office in 2012.