The upholstered-furniture maker, which operates as Y.K. Furniture, plans to invest $24.3 million to establish its first U.S.
subsidiary. The facility will house assembly-and-distribution operations with about 100 employees.
Zhejiang Province office will be Indiana Economic Development Corp.’s seventh international location.
U.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of
last year. That cumulative total increased 70 percent over three years.
The grant from a private equity firm will fund MBA and doctoral students working with Latin American companies.
For years, ethanol fuel derived from corn was almost politically untouchable, thanks to powerful advocates on Capitol Hill.
The ethanol industry has consequently exploded over the last decade, thanks to government subsidies and incentives. But skepticism
about ethanol is rising, prompted by fluctuating food prices and an organized campaign by anti-ethanol advocates to discredit
the industry.
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
Indiana entrepreneurs weary of hitting dry holes with angel investors and venture capitalists are turning to Chinese investors
who are eager to diversify their portfolios, latch onto American innovations—and take advantage of a federal visa program.
Gov. Mitch Daniels said Tuesday that this August's fair will showcase Indiana's relationship with Japan.
Granting of foreign trade zone status should help the Indianapolis-based mobile device distributor be more competitive in
the global wireless market, company executive says.
Overseas sales are a major emphasis for Indianapolis-based Peerless Pump, which makes highly engineered pumps for fire suppression,
factories and waterworks. President Obama’s administration wants to help rebuild the U.S. economy by putting more companies
on Peerless’ trajectory.
The wider deficit in December reflects a rebounding economy that is pushing up demand for imports.
An improving U.S. economy pushed up demand for imports, but exports rose as well.
The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day
economic
development mission to help grow the city’s motorsports industry.
The U.S. trade deficit unexpectedly narrowed in August as exports posted a small gain, while imports fell on a big drop in
demand for foreign oil.
Indiana and Taiwan plan to sign a multimillion dollar agreement for the Asian country’s purchase of Indiana corn and soybeans.
Just a short year ago, economists of all stripes voiced fears of a rise in economic protectionism like that which contributed
mightily to the Great Depression.
Indiana University President Michael McRobbie and six mayors from around the state will join Gov. Mitch Daniels for at least
part of his upcoming 10-day trade mission to China and Japan.
Indiana’s growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a
hit.
Indiana University on April 15-17 will present what might be the most ambitious conference all year on U.S.-China business cooperation.
