Biking Company Bringing Jobs to Central Indiana
Fri, Jan 29 2010 10:55
A racing bike component manufacturer has announced plans to expand operations in Indianapolis, creating 105 jobs by 2013. Speedway-based Zipp Speed Weaponry will invest more than $12 million to build a 70,000 square foot manufacturing and customer service facility. Zipp's announcement comes on the same day that Express Scripts announced it was investing more than $5 million to consolidate
Indiana Awards Renewable Energy Grants
Tue, Jan 26 2010 09:08
The state of Indiana has announced 12 Alternative Power and Energy Grant awards as part of a federal program administered by the Indiana Office of Energy Development. The awards total nearly $390,000 and will help fund solar energy projects and one wind turbine.(Indianapolis)—Lt. Governor Becky Skillman has announced 12 Alternative Power and Energy Grant awards totaling $388,955. The money, part
Knauf Appoints North American CEO
Wed, Jan 20 2010 05:11
Shelbyville-based Knauf Insulation has named Mark Andrews to the new position of chief executive officer of its North American operations. Knauf says Andrews will help the company prepare for increased demand expected to be created by new energy and climate change legislation. Andrews has led the company's operation in the United Kingdom and Europe for the past six years. (SHELBYVILLE, Ind.,
Daniels Believes Indiana Doing Better Than Most
Wed, Jan 20 2010 05:10
Governor Mitch Daniels is again stressing Indiana is coping with the recession better than many states. During his State of the State address, Daniels pointed out that despite declining revenues, Indiana has not followed many other states that have raised taxes or plan to do so. Daniels also said Indiana secured 20,000 new job commitments last year, when new investment in business across the
Health Firm Plans Expansion in Johnson County
Tue, Jan 19 2010 09:14
A pharmaceutical company is laying the groundwork for boosting its presence in Greenwood. The Southside Daily Journal reports Elona Biotechnologies plans to build a $28 million facility that would produce a form of insulin. The 50,000 square foot building would allow the company to add 70 jobs. The city of Greenwood may offer up to $8.5 million in incentives, including a construction loan.The
Medical Waste Disposer Adding Jobs
Thu, Jan 14 2010 05:01
A medical waste disposal company has announced plans to expand its Indianapolis operations. Stericycle Inc. (Nasdaq: SRCL) will create up to 109 jobs by 2011 as it consolidates return operations from Florida and Georgia to its existing facility near Indianapolis International Airport. The company is investing more than $390,000 in the consolidation effort. Stericycle currently employs nearly 350
Ohio Homebuilder to Bring 150 Jobs to Central Indiana
Wed, Jan 13 2010 09:07
Cincinnati-based Fischer Group Co. is expanding to the Indianapolis housing market and creating up to 150 jobs by the end of the year. The homebuilder says it has a first-year goal of selling 150 to 200 homes in the Circle City. In addition to the homes, Fischer will open a new Lifestyle Design Center at the intersection of I-69 and I-465.Indianapolis, IN — In contrast to major home building
IT Services Firm Expands to Northern Indiana
Mon, Jan 11 2010 09:54
KOKOMO, Ind. - Governor Mitch Daniels joined executives from Delphi Corporation today to announce the company's plans to expand its technical base and establish a new production facility here, creating an estimated 190 new jobs by 2014.The company, a global supplier of electronics for the automotive and commercial vehicle industries, will invest more than $59 million to lease and equip a 90,000-
Remy Looking to Expand Hybrid Footprint
Mon, Jan 11 2010 09:51
Remy Electric Motors GM Kevin Quinn said Indiana will be among sites under consideration for a new manufacturing plant and that in 3-5 years, Remy and its suppliers could create or retain 1,000 jobs.Pendleton-based Remy International Inc. says a new business unit focused on electric and hybrid electric motors will likely mean jobs and significant investment in Indiana. Kevin Quinn, the new
Four Indiana Firm Receives Clean Energy Funding
Mon, Jan 11 2010 09:47
Four business with operations in Indiana have been awarded more than $35 million in federal funding through The American Recovery and Reinvestment Act’s Advanced Energy Manufacturing Tax Credits program. Think North America, Brevini Wind USA, Guardian Automotive Products and Acuity Brands will use the money to establish and upgrade their manufacturing operations. Washington, D.C. -- Senator Evan
Automotive Electronics Maker to Launch Electric Vehicle Parts Initiative
Mon, Jan 11 2010 09:44
KOKOMO, Ind. - Governor Mitch Daniels joined executives from Delphi Corporation today to announce the company's plans to expand its technical base and establish a new production facility here, creating an estimated 190 new jobs by 2014.The company, a global supplier of electronics for the automotive and commercial vehicle industries, will invest more than $59 million to lease and equip a 90,000-
State Selects 20 Small Businesses for Economic Entrepreneurship Awards
Mon, Jan 11 2010 09:41
INDIANAPOLIS - Lt. Governor Becky Skillman joined business leaders from across the state today to present 20 companies with the Indiana Small Business Development Center Network's Economic Development through Growth and Entrepreneurship (EDGE) Awards during a Statehouse ceremony.Sponsored by the Indiana Economic Development Corporation's Small Business Development Centers, the awards recognize
Global Chemical Giant Commemorates Start of Business in Indiana
Mon, Jan 11 2010 09:39
LAFAYETTE, Ind. (Jan. 6, 2010) - Governor Mitch Daniels joined executives from the global specialty chemical company, Evonik Industries AG, today to announce the company has completed the acquisition of Tippecanoe Laboratories and commenced its first official day of production in Indiana. In October, Eli Lilly and Company announced that it would sell the Tippecanoe Laboratories manufacturing
Design and Manufacturing Company adding new production in Columbia City
Mon, Jan 11 2010 09:37
COLUMBIA CITY, Ind. (Jan. 5, 2009) - Ultra Electronics announced today the addition of a new production line at its Undersea Sensors Systems, Inc. (USSI) division, creating up to 45 new jobs by 2012.The company, which designs, develops and manufactures advanced military sensor and sensor systems as well as audio products, will invest $4.4 million to expand and equip its facilities at Park 30
Indiana Attracts Global Electric Car Maker
Mon, Jan 11 2010 09:36
ELKHART, Ind. (Jan. 5, 2009) - Indiana Governor Mitch Daniels and local officials joined executives from electric car manufacturer THINK today to announce the company's decision to locate its North American production facility in Elkhart, creating more than 400 jobs by 2013.A leading international manufacturer of pure electric vehicles (EV) based in Norway, THINK is scheduled to begin selling the
State Secures Commitments in 2009 for Nearly 20,000 New Jobs
Mon, Jan 11 2010 09:36
INDIANAPOLIS - The Indiana Economic Development Corporation announced today that in 2009 it worked with 160 companies from across the state and around the world that committed to create nearly 20,000 new jobs in Indiana. "Despite a challenging year, I am pleased to see this year's jobs numbers improve over last year. This demonstrates that Indiana can compete for investment from global firms