The University of Notre Dame and General Electric Co. on Thursday announced plans to partner in a $36 million research and test facility for massive gas turbine engines used by commercial and military aircraft, power plants, and the oil and gas industry.
Muncie officials are carefully watching a project that promised to bring hundreds of jobs to the city, saying the company's production schedule doesn't match up with timeframes announced last year.
Indianapolis is considering nearly $2.6 million in tax breaks over 10 years as an incentive for Interactive Intelligence’s planned $28 million investment.
ConAgra Foods says it will spend nearly $9 million to expand its popcorn production operations in northwestern Indiana, where it expects to add up to 80 workers in the coming year.
The retailer of photo, video and electronics equipment will move from 255 S. Meridian St. to larger downtown space at 220 E. St. Clair St. Roberts plans to add 35 workers by 2018.
Indianapolis-based Algaeon Inc. plans to move its algae-growing operation to Westfield, investing $25 million and adding 25 jobs over the next five years. The biotech firm is seeking to phase in personal property taxes while it ramps up production.
Politicians in Indiana and other states hope tax cuts for businesses will boost their economies, but those and other moves could be contributing to the income gap limiting growth in U.S. consumer spending.
Cornerstone Cos. plans to locate the $11 million project near Interstate 69.
Peapod Inc., an online grocery-delivery service, is seeking city tax incentives to help it with an expansion that would create 238 jobs by 2018. The jobs would pay about $15 per hour.
Alcoa Howmet factory in LaPorte, which makes castings for the aerospace and industrial gas turbine industries, will receive local and state tax breaks in return for job commitments.
Nello Corp. Inc., a designer and manufacturer of galvanized steel towers and poles for the wireless industry, plans to move its Fort Worth, Texas, operations to Indiana, the state announced Thursday morning.
Yorktown-based Mursix Corp. on Thursday announced plans for a headquarters expansion that’s expected to create 108 jobs by 2017.
Attempts to build the sector are making headway, but Indiana still lags leading states.
The company said it will invest $2.5 million to lease and renovate an additional 9,466 square feet to expand its current 16,626-square-foot headquarters at Northwest Technology Park.
Local software firm Interactive Intelligence Group Inc. announced Thursday afternoon that it plans to hire 430 employees by the end of 2016 as part of a major expansion of its headquarters.
Jasper Engine & Transmission Exchange expects to buy, renovate and equip a 220,000-square-foot facility near its headquarters in the southwest Indiana city.
A subsidiary of TOA Industries Co. Ltd. plans to spend $72.1 million to construct and equip an additional 360,000 square feet of manufacturing and warehouse space at its existing facility in Morgan County.
The argument that the complex could help revitalize the neighborhoods near the former GM stamping plant southwest of downtown could be crucial for securing the support of residents.
Indiana Packers Corp., which makes Indiana Kitchen bacon, said it will spend $2.3 million on a 56,500-square-foot facility on 5.9 acres about 45 miles from Indianapolis.
Coinciding with Gov. Mike Pence’s economic development trip to Germany this week, three German companies agreed to hire more than 100 workers in Indiana.
