Interactive Intelligence seeks city tax breaks for expansion
Indianapolis is considering nearly $2.6 million in tax breaks over 10 years as an incentive for Interactive Intelligence’s planned $28 million investment.
Tax Abatements
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Biotech firm Algaeon plans $25M lab in Westfield
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.
Online grocer plans 238 jobs in Indianapolis
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.
Fishers seeks to cancel tax break for failed Deca Financial
The town of Fishers is taking steps to officially terminate a three-year property tax abatement offered to a debt-collection company that is winding down operations.
Interactive Intelligence plans $28M building, 430 hires
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 firm to hire 235 for new plant
Jasper Engine & Transmission Exchange expects to buy, renovate and equip a 220,000-square-foot facility near its headquarters in the southwest Indiana city.
Japanese manufacturer plans 220 jobs in Mooresville
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.
Pork packer planning to produce 98 positions at Indiana plant
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.
Cabinet maker plans to hire 262 workers
Jasper-based MasterBrand Cabinets Inc. expects to boost the work force and capacity at its Ferdinand operations, which already employ 1,500.
Beck’s plans $60M expansion, 100 more workers
Indiana-based Beck’s, the country’s largest family-owned seed company, said the expansion will include research labs, greenhouses, office space, and seed-processing facilities and equipment.
City considers whether to revoke 3M tax break
Minneapolis-based 3M spent nearly $16 million in 2008 on local buildings and equipment for Aearo Technologies, but hasn’t hit hiring targets set out in a seven-year tax-abatement agreement.
Auto supplier plans 220-worker plant in Indiana
Switzerland-based Autoneum Holding AG said it will lease 300,000 square feet on a 23-acre site at the River Ridge Commerce Center in Jeffersonville.
Software firm seeks tax breaks for HQ move, expansion
The Consultants Consortium Inc., which does business as TCC Software Solutions, said it plans to spend about $1.3 million to renovate two buildings on a 3.6-acre property at the northeast corner of Winthrop Avenue and East 52nd Street.
Ascension hospitals pledge 549 more service center jobs
Even though St. Louis-based Ascension Health cut nearly 900 jobs this year from its Indianapolis-based hospital subsidiary, St. Vincent Health, it wants to add 549 more to its service center here by 2016.
IT management firm BlackInk plans downtown expansion
Technology management firm BlackInk IT plans to expand its downtown headquarters, adding 30 workers by 2017, the Indianapolis-based company announced Friday morning.
Manufacturer seeks tax break, plans to add 100 jobs
Applied Composites Engineering Inc., an Indianapolis-based designer and manufacturer of products for the aerospace industry and military applications, is planning to spend $2.5 million on equipment that would help it double its work force over the next six years.
Newegg lands incentives from state for distribution center
Online electronics retailer Newegg Inc., which reached an inducement deal with the city in September to open a distribution center in Indianapolis, has landed even more incentives from the state, the Indiana Economic Development Corp. announced Wednesday.
T2 Systems loses tax break over technicality
The software developer moved across town to a new address in 2012, which nullified its agreement with the city—although it's still on track to meet its goals for new investment and hiring.
Startup bakery seeking tax breaks on $78M project
Dallas-based Specialty Bakery LLC plans to build a 226,778-square-foot production and distribution facility in southwest Indianapolis that would create 241 jobs by 2018.
Two manufacturers target Indiana city for expansion
The Indiana Economic Development Corp. announced two economic development deals Tuesday morning that will bring more than 200 jobs to Whitley County in northern Indiana.