In the worst recession since the Great Depression, it must be difficult to broker business expansions. But
IEDI’s making no excuses for the city’s job creation and retention figures. In fact, it’s touting them.
The Metropolitan Development Commission this afternoon approved two requests for property tax abatement, including one for
a mammoth development known as World Connect at AmeriPlex.
Chicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center
in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.
Indianapolis-based information technology consultant Apparatus Inc. plans to expand its local operations and create up to
130 jobs by 2012, the company announced this morning.
The Indianapolis plant of Rexnord Industries LLC is promising to create 43 jobs and retain hundreds more if the city grants
a five-year tax abatement.
Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development
remains scarce. But local officials remain optimistic about Honda’s long-term impact.
Marion County economic development officials are proud of their latest headquarters attraction. Bowen Engineering Corp.
will inject 103 high-paying jobs into the Indianapolis economy immediately. And over time, the company expects
to add another 138. Their average salaries will top $70,000. The deal didn’t require Mayor Greg Ballard
to travel to Japan, or even to another state. Bowen Engineering is moving all of 8.4 miles, from its former
home in Fishers to the 8800 block of North Meridian Street.
Local governments plan to throw Steak n Shake Co. a life raft of incentives worth about $275,000 to help the struggling chain
keep its headquarters in Indianapolis. The company has quietly agreed to retain about 180 employees here in exchange for a
$200,000 state training grant and a five-year personal property tax abatement worth about $75,000.
