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.
Economic Development
Articles
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.
Auto parts maker plans to add 100 jobs in Columbus
Sunright America Inc., a Japanese manufacturer of automotive fasteners, plans to nearly double its current space in Columbus and add the 100 jobs by 2014.
Elkhart-Goshen, Columbus among tops for GDP growth
The three Indiana cities had among the largest 2010 increases in the U.S. in the value of goods and services they produce.
Rolls-Royce labor deal lures jobs
Rolls-Royce Corp.’s Indianapolis plant is preparing to become the global manufacturing site for a large jet-engine component, the banded stator. Rolls-Royce will shift production from an outside supplier, creating 100 jobs.
Incentives flow to tech firm Positron, despite red ink
The molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
Kodak official: Company keeping R&D center in Ohio
Eastman Kodak Co. reportedly looked at relocating a 500-person research-and-development center to Indiana, but will instead stay put in Ohio, according to a company official.
Recovery likely to worsen nursing shortage
The recession pushed some nurses out of retirement and others into full-time jobs. But the nurse shortage is expected to resume as the economy improves.
IBM adds 175 jobs at Delaware County call center
The new employees are located at the company’s Heartland Business Center in Daleville, where IBM already has about 500 employees.
Judge stays decision in WellPoint policyholder case
Former policyholders of WellPoint Inc., who won a right to a class-action trial over their claims that they were shortchanged when the company went public a decade ago, will have to put their trial plans on hold.
Steering parts manufacturer plans local expansion
Bishop Steering Technology Inc., an Indianapolis company specializing in designing rack-and-pinion steering gear, plans to expand, creating 25 additional jobs by 2014, the Indiana Economic Development Corp. said Friday.
Japanese auto parts maker adding 50 jobs in Franklin
KYB Manufacturing North America Inc. expects to invest $6.4 million to add warehouse and distribution facilities to its existing 51-acre campus in Johnson County.
Indiana trade delegation leaves for Japan after delay
An Indiana trade delegation led by Lt. Gov. Becky Skillman is on its way to Japan after being delayed by a typhoon.
Indianapolis tech companies seeded by big ’90s success
Money and experience have flowed to a number of firms from Software Artistry executives.
Auto parts manufacturer to open plant in Steuben County
Michigan-based CTA Acoustics Inc. plans to add 140 jobs by 2014 as part of a $9 million plan to open a plant in the town of Orland in northeastern Indiana.
Typhoon delays Indiana trade mission to Japan
A trade mission by Indiana government and business leaders to Japan is being delayed because of a typhoon expected to hit the island nation.
Cities now can offer companies cash for local hires
For the first time, cities and counties in Indiana can use local income-tax revenue to offer companies cash rebates for new jobs that go to local workers.
Education not-for-profit moving to city, plans to add 44 jobs
Project Lead the Way Inc., a New York-based provider of education curricular programs for middle and high schools, will move its headquarters to Indianapolis and plans to add 44 jobs by 2014.
Greenwood mayoral rivals run from big-spender label
Greenwood’s three mayoral candidates are distancing themselves from current Mayor Charles Henderson, who lost in the May primary in large part because of his unpopular proposals for adding amenities to the southern suburb designed to attract new businesses.