Division of Carmel firm plans 300 jobs in Fort Wayne
Accelerated Tanks and Trailers, a division of a Carmel-based company, plans to open a Fort Wayne manufacturing plant that could bring about 300 new jobs to northeast Indiana by 2016.
Economic Development
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Life sciences consultancy plans to expand, add 38 jobs
Indianapolis-based Pearl Pathways, founded by two former Eli Lilly employees, plans to move into new space in March and add the jobs by 2016.
Bill to make IEDC more transparent moves to full senate
The Indiana Senate Tax and Fiscal Policy Committee unanimously passed legislation Tuesday meant to makes the state’s job-creation efforts more open to the general public.
Greenwood seeks funds back from drugmaker with big plans
Greenwood-based Elona Biotechnologies Inc., which has been trying to bring a generic version of insulin to market, was declared in default on $8.4 million in incentives from the city of Greenwood.
Shape of ‘jobs budget’ depends on the state
The proposals of Indiana Gov. Mike Pence and Maryland Gov. Martin O’Malley epitomize the reality of the Red State and Blue State philosophy of just what a ‘jobs budget’ looks like.
Celadon receives incentives for $5.2M driving training center
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of its latest expansion at its east-side corporate campus.
Sun King brewery lands tax breaks for expansion
The downtown brewery plans to spend $2.1 million on additional equipment and add 20 jobs by 2016 in exchange for a tax abatement from the city.
Indy chamber names economic development exec
An Austin, Texas, economic development manager with Indiana roots will soon be in charge of bringing new businesses to Indianapolis.
Super Bowl guru now looking to score Olympic gold for Indy
The Indiana Sports Corp. is making a bold bid to host the 2016 U.S. Olympic Swimming Trials inside the cavernous Lucas Oil Stadium. And that's just the beginning of the ambitious plans the organization's new CEO is drawing up.
U.S. unemployment rate remains at 7.8 percent
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
Celadon plans $5.2M driver training center, 182 new jobs
Indianapolis-based trucking carrier Celadon Group Inc. plans to build a $5.25 million driver-training center and add 182 workers to its 633-employee local work force by 2016.
Daniels fell short on lifting incomes
As Gov. Mitch Daniels leaves office in January, there is debate about whether his policies of keeping taxes and spending low, while pursuing alternative strategies to improve roads and schools, have been the best way to help Indiana attract and create more high-wage, knowledge-based jobs.
Irvington groups save landmark from demolition
The former post office at Washington Street and Ritter Avenue once anchored a commercial hub in the historic neighborhood. About $400,000 in repairs are expected before the groups attempt to flip the property for a new use.
Carmel lawmaker wants transparency from IEDC
Sen. Mike Delph said he believes the economic development organization is intentionally misleading the public about the number of jobs that companies receiving incentives create.
State’s unemployment rate holds steady at 8 percent
Indiana shed 9,800 private-sector jobs in November, mainly due to losses in the construction industry, according to state officials.
U.S. economy grew at 3.1 percent in summer
Exports increased, consumers spent more and state and local governments added to growth for the first time in three years. But the economy is likely slowing in the current quarter.
Greater Indy chamber elects new leaders
John Thompson of First Electric Supply will lead the organization’s 120-member board.
Digital marketer Raidious to add up to 75 downtown jobs
The company, which currently has 20 Indianapolis employees, began its expansion this fall by leasing 2,800 square feet of office space in the Morrison Opera House, 47 S. Meridian St.
Johnson picked to succeed Miles as leader of CICP
BioCrossroads CEO David Johnson has been chosen president and CEO of the Central Indiana Corporate Partnership, succeeding Mark Miles, who is leaving the CICP after seven years to become CEO of Hulman & Co.
Skillman to lead southern Indiana development group
Lt. Gov. Becky Skillman is heading south after she leaves the Indiana Statehouse to lead an economic development group revolving around the Crane Naval Surface Warfare Center.