Maker of tobacco alternative moving headquarters from California to Westfield
Grinds LLC—which produces pouches of flavored coffee designed as a healthy alternative to chewing tobacco—plans to invest $6.7 million and create 56 jobs.
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Car parts maker planning to triple workforce in Richmond
The subsidiary of Israel-based Omen Casting Group wants to boost production to help meet demand in America and Germany for its aluminum drivelines, steering components and oil pumps.
Lawmakers consider tax-credit changes, another round of Regional Cities funding
Economic development officials from across the state presented a plan to the Fiscal Policy Committee that would establish a $100 million regional development tax credit and offer $150 million more for the Regional Cities Initiative.
Online retailer Sweetwater plans 1,009 jobs in $76M Indiana expansion
Online music instrument and audio gear retailer Sweetwater Sound Inc. said the expansion project will include construction of a 350,000-square-foot warehouse and a 35,000-square-foot conference center.
Frito-Lay plans $159M snack-food expansion in Indiana
The nation’s largest snack food company is adding two production lines and about 50 employees to its already-sizable operations about 45 miles northwest of Indianapolis.
Financial firm moves HQ to Indianapolis, plans to add 225 employees
A national credit-reporting and mortgage-data company founded in San Diego plans to spend nearly $3.6 million to establish its headquarters and operations center downtown in the Landmark Center.
Electric car maker targets Indiana for $160M plant, 467 jobs
SF Motors Inc., a Silicon Valley-based electric vehicle developer and manufacturer, said it could hire as many as 200 workers at the Indiana plant by the end of the year.
State, city offer more than $100M in incentives to Infosys
The economic development deal marks the largest jobs commitment the Indiana Economic Development Corp. has received since the agency was established in 2005. But it’s not the largest incentive package the state has offered.
First phase of Infosys’ $245M airport campus will be $35M training center
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Indy council member: Amazon bidding war is ‘race to the bottom’
An Indianapolis City-County Council member has signed onto a pact with two other council members from the cities of New York and Austin, Texas, to oppose the “tax-break bidding war that Amazon has begun” in pursuit of its second headquarters.
Biotech firm plans expansion in Franklin, 23 new jobs
Its $1.5 million investment is expected to help B2S Life Sciences more than double its staff and grow its client base, which includes contract research groups, pharmaceutical firms and biotech startups.
Construction tech-services firm expanding HQ, adding 56 workers
Indianapolis-based Earthwave Technologies Inc. is doubling the size of offices on the city’s northwest side.
Bosma says Legislature might move on Amazon incentives this session
Indiana House Speaker Brian Bosma said lawmakers could move an incentives bill “expeditiously” to attract Amazon’s proposed second headquarters, if necessary, but he wouldn’t be in favor of doing what Wisconsin did to lure Foxconn.
Tech startup SnapShyft to hire 20 employees this year
Founded in 2016, the Indianapolis-based company created an app that matches food-service establishments with professionals seeking work.
Bill seeks tax credits for boosting minimum-wage worker pay
State Sen. John Ruckelshaus has introduced a bill that would provide a state tax credit to employers that give minimum-wage workers a pay raise after they complete a training program.
Vehicle parts maker plans $7M tech center in Fishers
Thyssenkrupp Steering will create 64 new jobs and plans to move existing positions from its operations in Indianapolis to the new location at Exit Five Parkway.
UPDATE: Forecast projects $400M less in tax revenue for Indiana
Much of the anticipated shortfall is due to a sharp decline in corporate income tax collections as businesses claim all the state tax credits they’re entitled to, rather than applying them in future years.
Five companies commit to adding 500 jobs in Fishers
The announcement caps off what officials are calling a record year for economic development in the northern suburb—commitments for 2,185 new jobs and $64.5 million in capital investment.
Insurance giant adding 400 jobs in $14M expansion in Carmel
The Boston-based insurer said it will lease 56,000 square feet in the Parkwood Crossing office complex to accommodate the expansion.
Plus-size retailer spending $2.8M to open Greenwood center, create 872 jobs
Dia&Co says it will employ 500 workers in the next four years at the distribution hub. An additional 372 employees could be hired at a planned customer service center, according to an agreement with the state.