Manufacturer growing Shelby County plant
California-based manufacturer DrillingWorld plans to expand its operations in Shelbyville, adding as many as 30 jobs by 2015.
Economic Development
Articles
Hoosier economic engine poised to downshift
Hoosier employers added jobs faster than those in all U.S. states except two through the end of May, according to federal estimates.
IDI taps not-for-profit veteran to succeed Zahn
Sherry Seiwert, executive director of the Indiana Housing and Community Development Authority, replaces longtime leader Tamara Zahn, who announced in February that she would leave once a successor was found.
Bus seat maker to start production in Indiana
A German company that makes passenger seats for buses and trains plans to start its first U.S. manufacturing facility in northern Indiana, creating up to 62 jobs.
Indiana leads region in income growth
The first-quarter report from the Bureau of Labor Statistics put Indiana on par with national growth and ahead of surrounding states.
Covance plans $150M expansion, 465 jobs in Greenfield
The New Jersey-based pharmaceutical research company is seeking state and local incentives as part of the expansion, which would include a new laboratory, set to be finished in 2016. Covance already employs 565 workers at the site.
Haynes plans $23.5M expansion, 40 more jobs in Kokomo
Kokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where it makes specialty metal plates and sheets for the aerospace and other industries.
Indiana politicians reassess role of higher ed as economy lags
After accepting the post of Purdue University president, Gov. Mitch Daniels finds himself at the heart of the debate over the value of a traditional college degree versus its cost and the needs of employers who simply want skilled workers.
TIF study highlights district shortfalls
The tax-increment finance district created around the former United Airlines maintenance hub at Indianapolis International Airport doesn’t generate enough revenue to meet its annual debt payment. Neither do several other area TIF districts.
Medical startup plans 71 jobs, seeks incentives
The city of Indianapolis granted preliminary approval for an eight-year tax abatement to Arcamed Inc., which plans to purchase $1.4 million in equipment to design and manufacture titanium and case-tray systems for surgical instruments.
Baby food maker adding 150 jobs in Lebanon
Skjodt-Barrett Contract Packaging said it plans to add the jobs by the end of September, about a year earlier than expected, due to increased demand for its products. The company has 100 employees.
Sprayer maker plans Mooresville expansion
Mooresville-based Equipment Technologies, which makes self-propelled sprayers for agriculture, says it plans to hire 56 new people by 2015 as part of an expansion.
State’s unemployment rate held at 7.9 percent in May
The May jobless rate in Indiana was unchanged from April, although the state added 7,700 private-sector jobs last month, with gains in sectors including trade, transportation, utilities, and private educational and health services.
Columbus auto parts maker plans to add 50 jobs
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
Plastics company nears reopening of central Indiana plant
Officials expect a plastic packaging manufacturer to start production this summer at a former central Indiana auto-parts factory that closed six years ago.
Turkey processor moving ahead with Indiana plant
Work could start this month on a new turkey processing plant in southwestern Indiana a company expects to open with about 350 workers.
Sound equipment retailer plans expansion, 316 jobs
A Fort Wayne-based retailer of music and sound equipment said Friday that it plans an expansion that would roughly double the size of its headquarters campus and create more than 300 jobs by 2016.
Sound equipment retailer launching expansion
Sweetwater Sound Inc. in Fort Wayne plans to invest $23.5 millon and hire 316 additional workers within four years.
UPS plans $10 million upgrade on northwest side
United Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
State’s advanced battery initiative charging ahead
Following setbacks, industry leaders prepare to launch innovation center downstate