Articles

Daniels to focus on job creation Super Bowl weekend

Indiana Gov. Mitch Daniels and state job-creation officials will tackle Super Bowl weekend by entertaining corporate executives with the potential to bring more jobs to the state – but the governor has purchased his own ticket for the game.

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Area firms pledge 365 jobs

Two Central Indiana firms will receive tax incentives for growing their operations by a combined 365 workers by 2015, Indiana economic development officials announced Wednesday.

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Indy Partnership leader leaving organization

Executive Director Scott Fulford said he is retiring and handing over leadership to Troy Whittington, who currently is director of business development. He officially becomes interim director on Jan. 1.

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CME Group says it’s staying in Illinois

Illinois Gov. Pat Quinn on Friday signed tax-break legislation designed to keep the Chicago Mercantile Exchange and Sears Holding Co. from fleeing the state. CME had talked to Indianapolis officials about moving to central Indiana.

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Celadon plans expansion, $3.4M office building

Celadon Group Inc. is seeking tax abatements from the city to build a $3.4 million office building at its far-east-side headquarters. The local trucking firm plans to hire 100 more employees by 2016.

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Illinois tax breaks could trigger demand for more

Under the threat of losing thousands of jobs to other states, Illinois lawmakers on Tuesday approved a tax-relief package meant to keep Sears and the Chicago Mercantile Exchange from leaving. The state’s governor is expected to sign it.

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Illinois Senate considering CME Group tax breaks

The Senate has approved similar legislation in the past, so the latest version is likely to get the chamber’s stamp of approval. Indianapolis and, likely, Carmel have been trying to lure the company to Indiana.

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Tebow could give Indy a huge economic lift

If the Denver Broncos somehow make it to the Super Bowl at Lucas Oil Stadium Feb. 5, TV viewership for the event will likely be a record high. Throw in undefeated Green Bay as the opponent, and Indianapolis will be the epicenter of a global media frenzy.

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State economic development group backs right-to-work

The agency in charge of attracting business expansions to Indiana unanimously passed a resolution to support a right-to-work law, arguing that the state is automatically eliminated from many economic deals because it lacks such legislation.

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Carmel also likely competing for CME Group

A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange’s description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.

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Rolls-Royce tax-incentives deal set for hearing

A plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and move thousands of office workers into downtown’s Faris campus is scheduled for an initial hearing Wednesday.

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