Indianapolis’ tech sector getting some Silicon Valley cred
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
Economic Development
Articles
KENNEDY: A cautionary tale about politics and policy
The Litebox story makes a bigger point … about the entire policy of cities “buying” jobs by offering financial incentives to companies that promise to move and/or expand.
EDITORIAL: Learn right lessons from Litebox gaffe
Gov. Mitch Daniels has been derided in recent days for standing next to California businessman Bob Yanagihara and declaring, “We like visionaries, we love inventors, we love entrepreneurs. You are all those things.”
Heartland Sweeteners plans $10M upgrade to Indy plant
Heartland Sweeteners LLC plans to spend nearly $10 million to upgrade its Indianapolis plant and potentially boost its work force there by 39 employees in the next five years.
Guitar Center seeks abatement for new call center
The company plans to hire 246 employees to staff a call center on the northwest side of Indianapolis after announcing in August that it would close its call center in South Bend and move operations here.
Indiana software firm growing with life sciences focus
RND Group fills development gaps for companies.
Unproven entrepreneur promises 1,100 local jobs
A West Hollywood businessman hopes to build hundreds of trucks outfitted with giant video screens. The product is unproven and so is Bob Yanagihara, the ambitious 50-year-old behind it.
State lawmakers look to boost college research
A study committee's draft report says improved coordination between the state's research universities and industries could improve the economy and spur job growth in the state.
Indiana making hay from Illinois’ tax mayhem
Many Illinois firms are serious about moving or expanding out of state—and Indiana economic development officials are racing to capitalize.
Software firm plans to open downtown office, add 250 jobs
Massachusetts-based Kronos Inc., a work force management software firm, plans to create 250 jobs by 2015 as part of a $5.1 million expansion to Indianapolis. The company will occupy 31,000 square feet in downtown’s PNC Center.
Unemployment claims dip slightly in stagnant job market
The number of people applying for unemployment benefits was mostly unchanged last week, suggesting the job market isn’t getting much better.
Manufacturer to beef up Frankfort operations, adding 160 jobs
LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.
Printing manufacturer to expand in Tipton, create 35 jobs
Bottcher America Corp. will invest $2.1 million to purchase new gear and create a 30,000-square-foot addition to its current facilities.
Nature part of plans for former Newport Chemical Depot
Conservationists have complained that industrial development planned for part of the 7,100-acre site would destroy all but 44 acres of the state's largest restored black-soil tallgrass prairie.
Indiana drawing more people, businesses across state lines
Indiana saw more people move to the state than leave between 2005 and 2009 despite a decreased mobility nationwide attributed to the recession.
Charges filed in theft from development group
The former associate director of an eastern Indiana economic development group faces felony charges in a $150,000 embezzlement that has threatened the agency’s future.
Biocrossroads lands $2.8 million Lilly Endowment grant
The advocate for the state’s life sciences industry has now pulled in more than $25 million from the endowment.
Startup dangles visas in return for funding, jobs
A new enterprise in the Muncie area hopes to capitalize on wealthy foreigners’ thirst for U.S. residency.
Elkhart led U.S. counties in employment increase
The Bureau of Labor Statistics said Elkhart County saw its employment increase 6.2 percent from March 2010 to March 2011.
Furniture manufacturer plans expansion, 120 more jobs
Goshen-based Wieland Designs Inc. said it will add the jobs by 2015 as part of a $1 million investment to improve existing facilities and purchase specialized machinery to enhance production.