Tax breaks approved for bioanalytical lab operator
The Metropolitan Development Commission on Wednesday preliminarily approved Advion BioServices Inc.’s request for a tax abatement to build a laboratory at Purdue Research Park in Indianapolis.
Economic Development
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Indianapolis tech experts talk about the local industry
In a question-and-answer forum, leaders weigh in on topics ranging from tech transfer to the future of Aprimo.
City considering abatement terminations, continuances
Five companies are set to have their tax breaks terminated or continued as the city attempts to update the state of the benefits that date to the previous administration.
Doc groups play up economic impact
Physicians are regarded as smart, successful and helpful when you’re sick—but not usually as a big driver of the economy. Now, however, physician trade groups are arguing that docs are good for business too.
Bioanalytical researcher seeking abatement for new lab
Advion, a provider of bioanalytical research and a subsidiary of Ithaca, N.Y.-based Advion BioSciences Inc., is expected to open the 22,000-square-foot lab in mid-May with 49 employees, according to the company’s application.
New state law to help young entrepreneurs
The measure calls for the Indiana Economic Development Corp. to promote the ideas of students who graduate from entrepreneurship programs at state universities.
Tax breaks for Rolls-Royce hinge on investment, not jobs
City officials’ fear that Rolls-Royce Corp. might pull thousands of jobs out of Indianapolis drove the negotiations that culminated last month with the company’s committing to move 2,500 of its local office employees to the south side of downtown.
HOLT: New York threatens to ballast Indiana exports
Regulations aimed at stopping invasive species are too stiff.
Manufacturer crosses over from auto parts to caskets
Gestamp Automocion makes metal components for the auto industry, employing 18,000 people worldwide. Now it is branching into the staid niche of casket manufacturing.
Franciscan Alliance plans 84 jobs at Greenwood billing center
The Mishawaka-based Franciscan Alliance plans to spend $8.4 million to open an administrative center in Greenwood, creating 84 jobs in the next four years.
Can China maintain pace of economic growth?
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
Indiana bill enhances rural areas for young entrepreneurs
A bill signed by Gov. Mitch Daniels will create a type of auction among rural communities for young entrepreneurs graduating from some universities in the state.
IT firm sets up shop in Carmel, plans to hire 100
Tech firm Intact Integrated Services has moved its North American headquarters to Carmel, where it plans to add as many as 100 jobs by 2015, state economic development officials announced Wednesday morning.
Software services firm plans 500 jobs in Evansville
SS&C Technologies said it will create the jobs by investing about $3.9 million to open a service and technology center in the southwestern Indiana city. The company will begin hiring immediately and expects to begin operating in the second quarter of 2011.
CICP exec Gifford heading regional transit task force
At the Central Indiana Corporate Partnership, Gifford will work primarily with the private-sector-led Central Indiana Transit Task Force, the regional mass transit initiative co-founded by CICP.
Greencastle, North Vernon to get development help
Greencastle and North Vernon will receive $31 million in state assistance with local development plans over the next three years. The cities will invest an additional $9 million in local and private funds.
Indy Partnership makes leadership change official
In a move IBJ reported Feb. 15, Scott Fulford, a member of the organization's business development team, has been picked to lead Indiana Partnership, the group announced Tuesday.
IEDC unveils statewide entrepreneurship initiative
Elevate Ventures could attract an additional $30 million in matching federal and private funding to support entrepreneurs statewide, Indiana Economic Development Corp. officials say.
Unemployment aid requests fall to near 3-year low
Applications for unemployment benefits fell by 20,000, to a seasonally adjusted 368,000, the U.S. Labor Department reported Thursday. Applications are now at their lowest level since May 2008.
Indiana experts weigh in on environmental issues
A panel discussion includes topics ranging from green power initiatives and hybrid cars to landfill policies and environmental regulations.