Fastenal seeks tax abatement on $11M expansion
The firm intends to make its facility north of 56th Street on Guion Road the main hub for more than a dozen other regional distribution centers, and to hire 60 more workers.
The firm intends to make its facility north of 56th Street on Guion Road the main hub for more than a dozen other regional distribution centers, and to hire 60 more workers.
Hamilton County employers are having trouble filling lower-wage jobs. At 4.5 percent in December, Hamilton County’s jobless rate was the lowest in the metro area and one of the lowest in the state.
Industry goliaths in Silicon Valley have thrown lavish perks at employees for years. As employment in Indianapolis tech firms has skyrocketed in recent years, a lot more companies are looking for workers, heating up competition.
In 2008, the Federal-Mogul factory in Avilla announced an expansion that could bring employment to 170 by 2010. But the company says it now has only 95 employees.
John Wiley & Sons Inc., publisher of the “For Dummies” series, has sent dozens of local jobs to foreign markets as it tries to save $80 million company-wide.
Handbag and luggage maker Vera Bradley Inc. plans to bolster its design and distribution centers near Fort Wayne.
Thirteen employees have been shown the door in the fifth round of layoffs in five years at the state’s largest newspaper.
Kerry Ingredients & Flavours LLC plans to consolidate the Indianapolis manufacturing operations into other U.S. facilities. Thirty-five temporary workers also will lose positions.
One of the largest private firms in Indiana, Moorehead Communications will occupy a 47,000-square-foot building that it acquired earlier this year. The project will run about $5 million.
The state’s second-largest public school district is continuing to look for further cost reductions in its operations and, down the road, in its buildings.
The Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for the loss of patent protection on two of its best-selling drugs.
Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts. However, more than 130,000 people left the work force in February.
Thousands of Indiana’s rank-and-file factory workers have seen their earnings lose ground to that of white-collar workers. The gap has grown even as manufacturers expect their assembly-line workers to have more skills and more advanced education.
An unusually early and vigorous flu season is drawing attention to a cause that has scored victories but also hit roadblocks in recent years: mandatory paid sick leave for some 40 million workers who don’t have it.
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
Brotherhood Mutual Insurance Co. expects to hire the employees by 2016 as part of a $15 million expansion that includes building a 54,395-square-foot facility at its headquarters.
A deal struck 25 years ago brought Subaru-Isuzu to Indiana. Toyota followed in 1996, and Honda came in 2008. The three Japanese automakers now collectively employ 10,000 and support thousands more jobs at suppliers across the state.
Hostess Brands Inc., the maker of Twinkies and Wonderbread, has received the go-ahead from a U.S. bankruptcy court judge to lower wages for thousands of bakery workers, affecting more than 400 employees in Indiana.
Peabody Energy Corp. will permanently close its Air Quality Mine in Vincennes because of “soft” conditions. The closure will affect 230 workers.
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.