Record number of companies grow Indiana operations
The Indiana Economic Development Corp. said 220 businesses have expanded or started here, and the number could grow before the end of the year.
Job Creation
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Iron ore processor plans $350M Indiana project
A Minnesota-based mining company plans to spend as much as $350 million to build a iron ore pellet plant in Indiana, creating up to 100 jobs by 2015, the company announced Tuesday morning.
Truck-parts supplier expanding in Plainfield, adding 82 jobs
Troy, Mich.-based Meritor Inc., a global supplier of commercial truck parts, said it will consolidate North American remanufacturing operations by moving production from Ontario, Canada, to its facility in Hendricks County.
Local scientific software firm plans to add 63 jobs
Indianapolis-based Indigo Biosystems Inc., a scientific software provider, announced Monday morning that it plans to add 63 jobs by 2015 as part of a $1.4 million expansion.
Life sciences logistics firm plans to add 108 workers
Indianapolis-based BioStorage Technologies Inc. is planning to add 108 jobs in the next five years as part of a $7 million expansion and is seeking financial incentives from the city for the second time in three years.
Production of Inc. 500 firms ranks city sixth nationally
The Indianapolis area produced more Inc. 500 companies per person from 2001 to 2010 than all but five other U.S. metro areas with more than 1 million residents, according to a recent study by the Kansas City-based Kauffman Foundation.
MacAllister Machinery expanding in southwest Indiana
Indianapolis-based MacAllister Machinery Co. Inc. said it will spend nearly $9 million to expand its Daviess Count facility and create up to 61 jobs by 2016.
Study to look at Camp Atterbury’s economic impact
The Indiana National Guard has asked for a study into the economic impact that the thousands of additional soldiers training at Camp Atterbury have had on the surrounding area.
Energy drink maker plans $25M Wabash expansion
Living Essentials, the producer of 5-hour Energy, announced Wednesday it would build and equip a plant in Wabash that could employ up to 200 people.
Purdue plans to add over 100 engineering professors
Undergraduate enrollment in Purdue's College of Engineering grew by 17 percent between 2006 and 2011, resulting in more students applying for limited spots in the school.
Aircraft company’s Grissom project on track
Texas-based Dean Baldwin Painting is expanding a hangar to accommodate Boeing 747s and other large jets it services. The company plans to hire about 200 workers.
Hopes slipping among state business owners
A survey of Hoosier business owners shows an increasingly a ho-hum outlook, with only one in seven optimistic for their own company and even fewer encouraged about the U.S. economy.
U.S. unemployment rate falls to 7.8 percent, wages rise
The nation’s jobless rate fell from 8.1 to a 44-month low of 7.8 percent in September, according to government data, as employers added 114,000 jobs. Wages rose over the month, and more people started looking for work.
Operations start at Amazon’s new Indiana warehouse
Officials say Amazon.com Inc.'s new warehouse and distribution center in southern Indiana has started operations with more than 1,000 workers.
Electronics recycler adds 125 jobs in Plainfield
A recycling business that launched a local expansion project 18 months ago says the decision led to 125 new jobs.
WellPoint to add 100-plus local jobs for new Medicare contract
WellPoint Inc.’s National Government Services unit will add more than 100 jobs in Indianapolis beginning late this year or early next after the health insurance giant won a new contract with the federal Medicare program.
Local software developer plans to add 25 jobs
Connect Think LLC said it will add the jobs by 2016 and will invest $244,000 in equipment to continue its focus on mobile application development.
Women’s retailer plans $37M expansion, 242 jobs
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
Local services firm plans expansion, up to 100 jobs
Business services firm First Advantage said Tuesday that it plans to move its operational headquarters from St. Petersburg, Fla., to its local offices in Fishers, creating up to 100 jobs in the process.
Indiana auto-parts supplier set to add jobs
An auto-parts supplier in northeastern Indiana plans to expand its operations and create as many as 95 new jobs.