State’s unemployment rate drops below 10 percent
Indiana’s unemployment rate in October dipped to 9.9 percent, marking the first time the rate has been below double digits since March.
Job Creation
Articles
Feds’ $50M loan to automaker could create 900 jobs
The Department of Energy will announce on Monday it is giving a $50M loan to Vehicle Production Group, which makes wheelchair accessible vehicles in Mishawaka. Officials say they expect the loan to create more than 900 jobs in an economically ravaged part of Indiana.
AAR looking to fill 200 aircraft jobs in Indianapolis
New business from Delta Air Lines is increasing demand for workers at the aircraft repair center at Indianapolis International Airport.
Medical device maker expanding in Fort Wayne
L.H. Medical Corp. said it plans to create up to 65 jobs by 2013 and invest $5.4 million to more than triple the size of its manufacturing operations.
Automotive supplier plans 200 new jobs at Butler plant
Multimatic Inc. plans to expand its northeast Indiana production operation, adding new assembly lines as it aims to create over 200 jobs by 2013—more than tripling employment there.
KAR plans to add 249 jobs in Carmel expansion
KAR Auction Services Inc. announced Monday night that it plans to expand its Carmel headquarters, creating up to 249 jobs by 2015.
Unions target Indianapolis hotels
Unite Here has high hopes, but the industry fears its cost advantage would erode.
Fishers valve maker plans expansion
Nexus Valve Inc. plans to invest $2.3 million to expand its headquarters and distribution operations, adding up to 21 jobs by 2015.
Health care firm plans 500 jobs in Indianapolis
St. Louis-based Ascension Health announced Friday morning that it would open a professional service center in Indianapolis, creating up to 500 jobs by 2013.
Canadian company plans to create 175 jobs in Miami County
Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest more than $13.8 million to purchase and equip a plant in Peru, which would be the company’s first location in the United States.
Electric car maker to start work at former RV plant
Think North America plans to start production work on electric cars at a Middlebury-area factory before the end of this year.
Beckman Coulter plans $18.2M expansion, 100 new jobs
California-based life sciences firm Beckman Coulter Inc. is planning its third local expansion since 2007, investing $18.2 million in its Indianapolis operation and adding as many as 95 jobs here in the next three years.
Report: ‘Middle-skill’ jobs projected for Indiana
A new report projects Indiana will have more than 487,000 job openings by 2016 requiring more than a high school diploma but less than a four-year college degree.
Grocery distributor to create 100 jobs in Bloomington
State economic development officials on Wednesday announced food distributor Nash Finch Co.’s plans to open a Bloomington warehouse and hire 100 workers, formalizing a commitment the Minnesota-based firm made this summer.
Clarke Engineering plans $2.1M expansion in Fishers
Fishers-based Clarke Engineering Services plans to invest $2.1 million to expand its headquarters operation, creating as many as 29 jobs by 2012. The 13-year-old firm said it will begin hiring immediately.
Firms with jobs ask for the moon; governments here show restraint
Businesses have always held the upper hand in negotiating for incentives with local government, but the past couple of years have given rise to the most intensely competitive economic development environment since the early 1980s.
Call-center firm plans 600 hires in Lafayette
Alorica Inc., headquartered in Chino, Calif., said it will begin hiring customer service representatives, supervisors and other personnel starting next week—fulfilling a pledge it made more than a year ago.
Initial claims for unemployment aid rise again
The rise suggests that jobs remain scarce and some companies are still cutting workers amid sluggish economic growth.
Proposed city parking deal would bring 200 jobs
A proposal to lease the city’s parking meters for 50 years would require the vendor to bring 200 jobs to Indianapolis for at least seven years. The salaries and benefits would range from $16,000 to $95,000 a year.
TechPoint unveiling ‘measured marketing’ campaign
The initiative will promote the advantages of doing business in Indiana to attract more “measured marketers.” They are companies such as ExactTarget and Aprimo Inc. that provide a platform for marketing via e-mail, social media and other technologies.