Swedish Company Selects Indiana
Wed, Jul 22 2009 09:05
Elkhart has beat out locations in Mexico and China to land a manufacturing facility and its 241 jobs. Dometic Corp. isrelocating some production from Sweden to Elkhart following preliminary approval of a 10-year property tax phase-in planby the city council. City Economic Development Manager Brian Gildea tells Inside INdiana Business some state incentivesalso helped convince the company to select
Midwest in race for rail cash
Thu, Jul 16 2009 04:02
CHICAGO - High-speed rail plans in the Midwest and California appear to be front-runners in the race for $8 billion in stimulus cash based on federal criteria released Wednesday that favor projects with established revenue sources and multistate cooperation. California voters in November approved nearly $10 billion in state bonds that could be combined with federal money to build 800 miles of
Indiana Slated as a Top 10 Most Competitive State in 2008
Thu, Jul 16 2009 04:01
Site Selection has recently named its top 10 competitive states from 2008 based on business-expansion activity. After states who earned eligibility by placing in the top 20 in each of the 10 areas of criteria where allocated points according to their rank, Indiana snagged a Top 10 position, coming as the 9th most competitive state in 2008.The 10 areas of criteria used in this selection process
Indiana among leaders for foreign investment
Thu, Jul 16 2009 03:59
Results released today from an Indiana University study show that the state is one of the nation's biggest beneficiaries of foreign investment.Firms in which a foreign investor or company had at least a 50-percent stake accounted for 4.6 percent of Indiana's total private-sector employment in 2006, ranking the state ninth and above the national average of 3.5 percent.About 148,000 Hoosiers worked
Southwest Indiana Creates Manufacturing Southwest Indiana Creates Manufacturing Initiative
Thu, Jul 16 2009 03:23
The Hoosier state has a strong heritage in manufacturing and the southwest corner of the state is one of several Indiana "hotbeds" known for producing and shipping things. Like every corner of the state, southwest Indiana has felt the effects of a struggling national economy. However, the region's strategy in the challenging economic environment is to look ahead and focus on opportunities. The
Fort Wayne Facility to 'Electrify' School Buses
Thu, Jul 16 2009 03:22
An Indiana facility is playing a critical role in the development of the next generation of plug-in hybrid electric school buses. The U.S. Department of Energy has awarded Navistar International Corporation's Truck Development and Technology Center in Fort Wayne a three-year, $10 million grant to develop, test and deploy plug-in hybrid school buses. The Fort Wayne facility will lead the charge in
New Partnership Relies on Elkhart's RV Heritage
Thu, Jul 16 2009 03:21
Elkhart County leaders believe an electric engine could power the region along the road to recovery as it struggles to rebound from the collapse of the local RV industry. Governor Mitch Daniels recently announced a partnership between California-based Electric Motors Corporation (EMC) and RV manufacturer Gulf Stream Coach in Nappanee to produce light-duty electric pickup trucks—a project that
Indiana's Life Sciences Manufacturing Sector Gains Momentum
Thu, Jul 16 2009 03:20
While the burden of a weak national economy weighs heavily on Indiana's auto manufacturing industry, a second manufacturing sector in the Hoosier state is flourishing. A report recently conducted by the Milken Institute, a nonprofit, nonpartisan economic think tank based in California, ranks the top high-tech metropolitan areas in the United States. The report shows Indianapolis is among the
Medco To Expand Life Sciences and Logistics Operations in Indianapolis Region
Wed, Jul 1 2009 12:49
$17.3 million investment in new oncology Therapeutic Resource Center® will create 160 pharmacy-related jobs in Boone County, IndianaWHITESTOWN, Ind. — Just 18 months after locating an advanced automated pharmacy in the Indianapolis Region that will create 1,300 high-paying jobs, Medco Health Solutions, Inc. (NYSE:MHS), has announced that it will invest $17.3 million and create 160 additional jobs
Clean-Tech Energy Traditional Strengths and Progressive Thought Yield Powerful Clean-Tech Energy Results
Wed, Jul 1 2009 12:42
The Central Indiana Corporate Partnership (CICP) along with the Office of Governor Mitch Daniels, the Indiana Office of Energy and Defense Development, and other partners have formed the Indiana Energy Systems Network (ESN), a new organization focused on developing Indiana’s energy technology “clean-tech” sector. ESN will provide project development and coordination for joint ventures and