Articles

City’s Huber to head airport biz-development efforts

Michael Huber, the city’s deputy mayor for economic development since March 2010, is stepping down to take a lead role in commercial development at Indianapolis International Airport. He’ll be replaced by Bond Bank director Deron Kintner.

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Beech Grove mayor starts process to form CDC

Mayor Dennis Buckley on Friday requested the establishment of a community development corporation with a signed proclamation, which will be presented to the city’s development commission for consideration. He hopes to have it operating within the next month.

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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.

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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.

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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.

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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.

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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.

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