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Emerging hardtech field offers opportunities
Indiana’s business, academic and economic development leaders see the industry as a huge opportunity for the state.
Indiana’s business, academic and economic development leaders see the industry as a huge opportunity for the state.
Jaewon Industrial plans to build a chemical recycling plant in Kokomo to serve the lithium-ion battery and electrical vehicle industry, creating 100 jobs by the end of 2024.
Indianapolis officials want fewer parking lots downtown, reflecting part of a national movement that envisions less reliance on cars, more use of mass transit and a reduction in carbon emissions.
The Indianapolis-based firm has already made progress on its goal of hiring 113 additional Hoosiers by the end of 2026.
Amazon first announced its plans for its second headquarters in fall 2018, but the pandemic has thrown them into disarray as white-collar workers traded their commutes for their living rooms.
A top official for the Indiana Economic Development Corp. said numerous companies are considering major investments in the planned advanced manufacturing and tech hub in Boone County known as the LEAP District.
The most glaring contrast between the Senate and House proposals is the way in which they intend to expand funding to charter schools.
The winery said new products such as the Melon Mint Moscato, along with its mainstays like Oliver Sweet Red, have fueled the company’s continued growth.
The Indiana Destination Development Corp., a public-private agency that promotes the state as a place to live and visit, is awarding more than $414,000 to support nearly 40 public art activation and placemaking grants in 26 counties.
Pet food manufacturer Blue Buffalo Co. Ltd. plans a 169,000-square-foot addition to boost processing operations and warehouse capacity. As part of the expansion, the company plans to add up to 60 jobs by the end of 2024.
Oregon-based battery component producer Entek plans to add nearly 650 jobs by the end of 2027.
The quasi-government entity has secured roughly 9,000 acres of land in Boone County for its LEAP Lebanon Innovation and Research District.
Duke Energy will be able to proceed with a nearly $2 billion economic development plan after the Court of Appeals of Indiana ruled a regulatory commission’s approval met the requirements of state law.
Indiana Secretary of Commerce Brad Chambers is set to lead a delegation next week on an economic development trip to Asia, where the team will promote Indiana’s growing battery, electric vehicle and semiconductor industries.
The company has already hired more than 8,000 employees in the Arlington, Virginia, area and will welcome them to Met Park campus, the first phase of development, when it opens this June.
The expansion, which involves additional equipment at the existing facility and a new 32,500-square-foot building, is expected to increase employment by 42 workers.
The $72 million Midland Pointe development is planned on 34 acres at the southeast corner of State Road 32 and Hazel Dell Parkway.
The company plans to retain 500 workers when its relocates from its existing distribution center on Pendleton Pike in Lawrence to the new facility under development in Indianapolis.
Westfield joins Anderson, Beech Grove, Carmel, Fishers, Indianapolis, Lawrence, McCordsville, Noblesville, Speedway and Zionsville in the RDA.
Gabby Bruno, director of economic development for Ford, said there was “no lack of competition for this project.” She said Michigan “competed against numerous states and countries” to secure the investment.