Delaware County regroups after green factories fizzle
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
Economic Development
Articles
East-side contract manufacturer plans to add 144 jobs
Mansfield-King LLC is asking the city for property tax abatements as part of its efforts to create the jobs by 2016 through a $3 million expansion. The company currently has 45 employees.
Volunteer outpouring for local PGA event overflowing
PGA officials might have been surprised by how quickly 2,600 people lined up to help put on a Tour event at Crooked Stick. Locals were not.
Company says right-to-work not reason for expansion
MBC Group President Eric Holloway said Thursday that he always planned to expand his Brookville operations and that a state press release issued two weeks ago mistakenly quoted him as saying right-to-work legislation factored into his decision.
Ozdemir emerges as powerhouse in Indianapolis real estate
Keystone Group, Turkish immigrant Ersal Ozdemir’s 10-year-old development firm, is orchestrating some of central Indiana’s most ambitious projects, including a $15M Broad Ripple parking garage and the $60M million mixed-use Sophia Square in Carmel.
Life sciences firm plans to expand, add 46 jobs
Noblesville-based Helmer Inc. said it will invest $10.6 million to build a new manufacturing and headquarters facility at the Saxony Corporate Campus near Interstate 69. It plans to add the jobs by 2014.
Study finds $124M in visitor spending at fairgrounds
The Indiana State Fairgrounds generated $124 million in visitor spending in 2011 and has an annual impact on the local economy similar to a factory employing 500 people, according to a study released Wednesday.
Daniels: Indiana added more jobs than thought in 2011
Daniels said Monday that the state is set to release new data showing that 43,000 jobs were added in the private sector last year. The Bureau of Labor Statistics originally stated Indiana added 27,000 jobs.
Retail chain plans 135 distribution jobs in Greencastle
Charming Shoppes Inc., a retail chain specializing in women's plus-size apparel, plans to upgrade its distribution operations in Greencastle and add up to 135 jobs by 2014, the company said Wednesday.
Indianapolis bond bank chief Kintner is clutch hitter
Deron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing is scarce.
SBA lenders optimistic about year’s loan output
Volume nevertheless is expected to fall short of last year’s record numbers
Anderson eyes improvements to I-69 corridors
Improvements to two major corridors from Interstate 69 to downtown Anderson, reconfigurations of complicated interchanges, and changing one-way streets to two-way streets are among Mayor Kevin Smith's goals.
Rolls-Royce plans $42M local investment, more jobs
Rolls-Royce Corp. plans to invest $42 million to set up a new manufacturing plant in Indianapolis and create 100 jobs by 2014, the company announced Tuesday morning.
Maker of truck bodies plans to add up to 350 jobs in Goshen
Supreme Industries said it will invest nearly $8 million to refurbish and equip facilities on its 100 acre-campus in Elkhart County.
Local associations emerging to nurture small tech firms
Hamilton County and Bloomington are among places that are nurturing small technology firms in their own back yard. Local tech-focused organizations like theirs could stoke competition among Hoosier communities vying for coveted jobs.
Local packaging company plans to add 101 jobs in Brookville
MBC Group plans to add the jobs by 2014 at its plant in southeastern Indiana as part of a $4.1 million investment to add four production lines.
Covington manufacturer plans to add 68 jobs
Urbana, Ill.-based Flex-N-Gate Corp. plans to add positions by the end of the year as part of a $5.1 million expansion at its plant 75 miles west of Indianapolis.
Speedway’s plan for roundabout hits snag over billboard
The Speedway Redevelopment Commission is threatening eminent domain against Clear Channel Outdoor Inc. because the billboard company won’t relinquish its lease rights at a key intersection.
Lilly plans 200 jobs at new $440M Ireland plant
Eli Lilly and Co. plans to invest about $440 million in a new pharmaceutical plant at an existing company site in County Cork in southern Ireland. The facility in Kinsale will require as many as 200 skilled employees when fully operational.
Bloomington panel delays vote on I-69 section
A southern Indiana panel has delayed until March a vote on whether to add a hotly debated section of the Interstate 69 extension into its transportation plan.