State eco-devo agency inked fewer incentive deals in 2016
The Indiana Economic Development Corp. said the decline in deals is a good thing because it reflects a strong Hoosier economy.
Indiana Economic Development Corp.
Articles
Diabetic shoe maker strides to Zionsville, plans 25 jobs
Healer Health makes shoes under the brand name I-Runner. It’s moving its operations from Kentucky to Zionsville next month.
After Carrier deal, will more manufacturers threaten to leave?
The state rarely has to dole out incentives to retain jobs. Experts differ on whether that’s likely to change in the wake of the $7 million deal state officials cut to keep an Indianapolis HVAC plant open.
Holcomb taps IEDC’s Schellinger for secretary of commerce
Jim Schellinger, a former Democratic candidate for governor, became president last year of the Indiana Economic Development Corp. In accepting the new position, he will retire from CSO Architects, where he had served as CEO, and sell his ownership stake.
Zionsville software firm planning new office, 190 hires
Zionsville-based Clear Software LLC is planning a major expansion that could transform it from a small startup into large tech firm with almost 200 workers.
Trump, Pence praise Carrier for saving Indianapolis jobs
President-elect Donald Trump on Thursday said he wasn’t specifically talking about Carrier when he said on the campaign trail that "Carrier will never leave" America if he was elected president. But it didn’t stop him from trying.
Experts: Don’t get too excited about Carrier deal’s broader impact
President-elect Donald Trump’s job-retention deal with Carrier Corp. could have symbolic value, some business and economic experts say, but isn't likely to alter long-term manufacturing trends.
Mutz: State to offer Carrier incentives, but other factors played bigger role
Carrier Corp. was motivated to retain 1,000 manufacturing jobs in Indianapolis by a state incentive package and the possibility of losing a “favorable relationship with federal contractors,” according to a prominent IEDC board member.
Toyota Material Handling to hire more workers in Indiana
Toyota Material Handling USA Inc. said it plans to add up to 71 workers by the end of 2019 at its facility in Columbus.
Holcomb to lead Indiana delegation to United Kingdom
During the trip, Holcomb will meet with government officials in London as well as potential investors in Indiana's top business sectors, including advanced manufacturing.
Medical-equipment repair firm investing $1M, adding up to 31 jobs
Cryogenic Solutions Inc. is consolidating a recently acquired New York company into Indianapolis and doubling space at its S. Lynhurst Drive headquarters to accommodate it.
HomeAdvisor plans to add second Indy office, create 170 more jobs
The fierce rival to Angie's List has hired more than 70 workers since opening its Indianapolis office early this year. It will expand that office—at 1 Virginia Ave.—and open a second one at 342 Massachusetts Ave.
Study: Public investment in Indiana’s tech sector showing results
The study, funded by the Indiana Economic Development Corp., examined $30 million in state and federal funding awarded to 74 entities around the state from 2010 to 2014.
Subaru supplier investing $111M, adding 114 jobs in Madison County
Japan-based ELSA Corp., which already employs 350 workers in Elwood, is adding production lines to make fuel tanks, exhaust systems, air cleaners and air ducts for Subaru.
Cabinet company investing $5M in new downtown design studio, plans to hire 200
CliqStudios, the nation’s largest online retailer of semi-custom kitchens, said the studio will employ designers who will work with homeowners nationwide to plan and design construction or remodeling projects.
Fire-protection firm on near-east side plans to hire 137
Team 360 Services has expanded rapidly since starting in 2005 as a cleaner of restaurant exhaust systems. It now provides a range of fire-protection and building services and employs 300 nationally.
TriMedx plans $21.5 million expansion, 108 jobs
TriMedx, a provider of health care technology management services, said it would invest the money in its 78,000-square-foot corporate headquarters near West 71st Street and Zionsville Road and elsewhere in the state.
Indy firm specializing in prescription discounts plans to hire 230
Rx Help Centers, which helps insured and uninsured patients extract discounts on brand-name and generic drugs, has grown rapidly since shifting its focus from individuals to employers last year.
Real estate tech firm plans 48 jobs in Indianapolis
A Chicago-based real estate technology firm plans hire almost 50 people at a new office in Indianapolis after receiving an infusion of venture capital and potential tax breaks from the state, the company announced Tuesday.
Parts distributor plans to open warehouse in Brownsburg, hire 118
Avept Inc., a distributor of powersports and automotive parts, said it will spend $6.3 million to buy, renovate and equip a 100,000-square-foot building in the Hendricks County community.