Governor to lead business development trip to Qatar
Indiana’s delegation is scheduled to leave Indianapolis on Monday, July 5, and return Friday, July 9.
Indiana’s delegation is scheduled to leave Indianapolis on Monday, July 5, and return Friday, July 9.
Seattle-based Milliman Inc., an international actuarial and consulting firm, announced Monday it will invest $6 million to lease and furnish more than 50,000 square feet in a downtown office building.
Stevanato Group, a producer of syringes, vials and glass containers, announced Wednesday it will spend $145 million to build and equip a 370,000-square-foot facility in Fishers.
Brad Chambers said he believes a “reevaluation of what the marketplace is doing” by the Indiana Economic Development Corp. will be a good thing—and a natural move for any agency or company when it changes leadership.
ITS Logistics LLC announced Tuesday that it plans to invest $11.8 million to establish its first Midwest location, in Whitestown.
Brad Chambers, who founded Indianapolis-based powerhouse development firm Buckingham Cos. in 1984, will take his new position July 6. He’ll succeed Jim Schellinger, who stepped down abruptly in March after 5-1/2 years on the job.
The Indiana Economic Development Corp. is backing the effort with a 21st Century Fund grant and expects the initiative to generate new investment and innovation opportunities for the state.
G&H Wire Company Inc. announced Friday that it plans to invest $3.3 million to lease and equip 55,000 square feet of new corporate office and manufacturing space in Franklin.
The company, which stands to receive more than $6 million in state and local incentives, said it could expand its investment in central Indiana to $490 million and its hiring plans to 425 by 2025.
The Indianapolis-based digital product agency plans to upgrade its Broad Ripple headquarters while enabling a hybrid model of in-person and remote collaboration.
The company, which operates remotely, said it also will spend $171,500 to establish a physical location in central Indiana in 2022 to help support its growing national customer base.
Production of two new electric vehicles—one branded Toyota and the other in the Lexus line—is expected to begin in mid- to late 2023 at the plant in Princeton.
Foxconn originally proposed a 20 million-square-foot manufacturing campus that would have been the largest investment in U.S. history for a new location by a foreign-based company, but those plans have been downsized significantly.
As Gov. Eric Holcomb looks to fill the shoes of departing Secretary of Commerce Jim Schellinger, he can forge a path for the Indiana Economic Development Corp. that focuses on fostering an entrepreneurial ecosystem that makes Indiana the best place to start a business in America.
Network Connect LLC is hiring for positions in staffing, hiring, account management and business development.
There are strategic elements in place today, including a 5G lab in downtown Indianapolis and the Indy Autonomous Challenge scheduled at Indianapolis Motor Speedway this year.
The recruiting technology company, which entered the local market with a single-employee office in 2014, began growing its Indianapolis operations after acquiring Canvas Talent Inc. in early 2019.
Casted plans to invest $425,000 and hire 62 more workers, which led the Indiana Economic Development Corp. to offer it up to $1.2 million in tax credits.
The New York-based firm plans to lease 10,655 square feet on the 15th floor of the 8888 Keystone Crossing office building in Indianapolis for its local operations.
In a memo to the Indiana Economic Development Corp. board of directors, Schellinger said he is leaving state government “with the deepest sense of gratitude and joyful satisfaction in my heart.”