City signs off on Celadon tax abatements
The abatements will help the company build a $3.4 million, 36,000-square-foot office building at its far-east-side headquarters. Celadon also plans to add 100 jobs.
The abatements will help the company build a $3.4 million, 36,000-square-foot office building at its far-east-side headquarters. Celadon also plans to add 100 jobs.
Impact CNC, a production machining company, plans to add the jobs in northeastern Indiana as part of a $12.8 million expansion.
The Indiana Economic Development Corp. announced Friday that it secured job commitments from a record 219 companies in 2011, an increase from 200 companies in 2010.
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.
Indiana Gov. Mitch Daniels is placing his early endorsement of a company that plans to make giant mobile LED screens on a list of mistakes he keeps in his office.
Indianapolis-based marketing firm TrendyMinds plans to more than double its staff in the next two years, adding up to 20 jobs as it moves into a former labor union hall downtown.
The company plans to invest $3.9 million to buy land and construct a 93,000-square-foot facility adjacent to its existing 45-acre campus in the town of Topeka.
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
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.
Rolls-Royce Corp. began moving employees to its new downtown office building on Monday—a shift an IUPUI analyst projected could generate $510 million in annual economic activity.
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.
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.
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.
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.
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.
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.
Lawmakers in Illinois, where major employers are threatening to leave the state if their tax burden isn’t reduced, return to Springfield on Monday to consider what they probably can’t afford to do.
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.
Illinois lawmakers have reportedly reached a deal on a package of bills designed to prevent financial giant CME Group Inc. from fleeing to Indiana or another state.
Two Indianapolis companies that received tax-abatement agreements from the city in 2007 have had the incentives canceled for failing to meet investment and employment goals.