Indianapolis Below Average For Parking Costs
Submitted on: 7/20/2010
July 20, 2010 (INDIANAPOLIS) - Parking rates in North American central business districts (CBDs) held firm over the past twelve months, according to the Colliers International 10th Annual Parking Rate Survey, despite overall downward pressure on sale prices and leasing rates in other segments of the commercial real estate market.
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Indianapolis Secures More Than 9,200 Job Commitments and $544 million in Capital Investment in the First Six Months of 2010
Submitted on: 7/19/2010
INDIANAPOLIS (July 19, 2010) — In the first half of 2010 Develop Indy secured commitments from 44 companies to create or retain 9,238 jobs and invest $544 million over the next few years in Indianapolis/Marion County.
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Tech Firm to Grow Indianapolis Headquarters
Submitted on: 7/14/2010
INDIANAPOLIS (July 14, 2010) – Lt. Governor Becky Skillman and Mayor Greg Ballard joined executives of Smart IT Staffing Inc., an information technology firm, today to announce the company’s plans to expand its Indianapolis headquarters, creating up to 80 new jobs by 2014.
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Environmental Services Firm to Establish New Oil Recycling Facility in Speedway
Submitted on: 7/13/2010
INDIANAPOLIS (July 12, 2010) – Heritage-Crystal Clean, Inc. (NASDAQ: HCCI) announced today that it
has selected Indianapolis as the site for its used oil re-refining facility and intends to create up to 75 new
jobs by 2013.
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June 2010 Economic Briefing Now Available
Submitted on: 6/30/2010
Marion County’s unemployment rate dropped slightly in May from 9.8 percent in April to 9.7 percent. The Indianapolis-MSA rate also fell from
9.0 percent in April to 8.9 percent in May.
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Incredible Pizza Company Announces Grand Opening of Second Indianapolis Location
Submitted on: 6/23/2010
INDIANAPOLIS (June 23, 2010) – Incredible Pizza Company, a themed dining experience that
guarantees great food and fun, will expand its presence in Indianapolis by opening a second
location at Lafayette Square Mall in the space previously occupied by Xscape at 3919 Lafayette
Road. A private, invitation only, grand opening is scheduled for July 5 and July 6 with the public grand opening to be held on July 7.
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Mayor, Fusion Alliance Announce Tech Firm’s Plans to Grow Indianapolis Headquarters
Submitted on: 6/22/2010
INDIANAPOLIS (June 22, 2010) – Mayor Greg Ballard joined Governor Mitch Daniels and executives of Fusion Alliance, a technology consulting firm, today to announce the company’s plans to expand its Indianapolis headquarters, creating up to 107 new jobs by 2014.
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KeyBank Continues Its Expansion in Indianapolis Area
Submitted on: 6/21/2010
INDIANAPOLIS (June 21, 2010) - KeyBank is rapidly expanding its presence in the Indianapolis area by opening seven new branches since 2009, three in the last three months, and unveiling plans to open seven more by the end of 2011. Two of the seven branches yet to be open are scheduled to be completed later this year. The additional five will open throughout 2011.
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AIT Laboratories Announces New Headquarters
Submitted on: 6/17/2010
INDIANAPOLIS –Mayor Greg Ballard joined Governor Mitch Daniels and executives from health care company AIT Laboratories today to announce the company's plans to open a new corporate headquarters facility here, creating up to 160 new jobs by 2014.
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Hat Retailer to Grow its Indianapolis Headquarters
Submitted on: 6/10/2010
INDIANAPOLIS (June 10, 2010) - Governor Mitch Daniels joined Mayor Greg Ballard and executives of Hat World, Inc., a retailer and manufacturer of hats and sports apparel, today to announce that the company will expand its Indianapolis headquarters and distribution operations creating up to 571 new jobs by 2015.
The company, which manufactures apparel and operates retail stores primarily under the LIDS brand, plans to invest up to $22 million to lease and equip additional space as it consolidates manufacturing and warehouse operations from Wisconsin. Hat World currently operates out of 195,000 square feet of leased space in Park 100 on the city's northwest side.
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Develop Indy Announces Schedule for International Trade Missions
Submitted on: 6/9/2010
INDIANAPOLIS (June 9, 2010) – Develop Indy will lead a series of international trade missions throughout the next few months as part of its efforts to attract more jobs to Indianapolis from companies in Europe, Asia, and South America. The upcoming trips, listed below, will take place from mid-June through September. Additional trips will be added later in the year.
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Beverage Distributor to Locate Office; Distribution Center in Central Indiana
Submitted on: 6/8/2010
INDIANAPOLIS (June 07, 2010) – Southern Wine and Spirits of Indiana Inc., announced that it will locate its newest regional office and distribution in Indianapolis and Greenwood, creating a combined 200 new jobs at two Central Indiana facilities.
The company, which distributes beer, wine and distilled spirits through a network of distribution centers across the country, will invest more than $10 million to establish a 200,000 square-foot distribution center in Greenwood and approximately 7,500 square feet of office space in Indianapolis. The facilities
are the distributor’s first in Indiana.
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May 2010 Economic Briefing Now Available
Submitted on: 5/27/2010
Marion County’s April unemployment rate fell below that of the state and the nation to 9.7 percent, down from 10.1 in March. The Indianapolis-MSA rate also fell from 9.5 in March to 9.0 in April.
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Arcadia Announces Major Expansion of Headquarters and DailyMed™ Pharmacy Operations
Submitted on: 5/20/2010
INDIANAPOLIS (May 20, 2010) – Governor Mitch Daniels joined executives from Arcadia HealthCare(NYSE Amex:KAD) and Mayor Greg Ballard today to announce the company’s plans to expand its national headquarters and pharmacy operations here, creating up to 930 new jobs by 2013.
In addition to new jobs, the provider of home health care and pharmacy services will invest $3.9 million to expand corporate operations and centralize pharmacy fulfillment functions to the company’s headquarters on the city’s north side.
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Indianapolis Economic Development Inc. changes name to Develop Indy
Submitted on: 5/11/2010
INDIANAPOLIS (MAY 10, 2010) - To better emphasize its economic development work in Indianapolis and Marion County, Indianapolis Economic Development Inc. has changed its name to Develop Indy.
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Corrugated Packaging Manufacturer to Establish Indy Operations
Submitted on: 4/29/2010
INDIANAPOLIS (April 29, 2010) Just Packaging Indianapolis, Inc., a manufacturer of corrugated packaging,announced today that it will site its newest manufacturing center here, creating up to 30 new jobs by 2012.
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April Economic Briefing Now Available
Submitted on: 4/29/2010
See employment, housing, and commercial real estate stats for Indianapolis/Marion County.
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Indianapolis to Become the Home of USA Football
Submitted on: 4/20/2010
INDIANAPOLIS (April 20,2010) Indianapolis is the new home of USA Football. The sport’s national governing body on youth and amateur levels announced today that it will relocate its national office from suburban Washington, D.C., to Indiana’s state capital in August 2010.
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Indianapolis Economic Development Officials Seek Job and Investment Opportunities During European Trade Mission
Submitted on: 4/14/2010
INDIANAPOLIS (April 15, 2010) – Scott Miller, CEO of Indianapolis Economic Development, Inc. (IEDI) and Courtney Poulos, IEDI’s international economic development director, will leave Friday for a trade mission to Europe in search of jobs and investment to benefit Indianapolis. The two will join a delegation from the Indiana Economic Development Corporation and the Indy Partnership. The trip will include stops in Germany and England.
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Blue Bell Ice Cream Coming to Indianapolis; Opening a Distribution Facility
Submitted on: 4/9/2010
INDIANAPOLI (April 5, 2010) Beginning on Monday, April 5, residents of the Indianapolis area will get their first taste of “the best ice cream in the country,” Blue Bell Ice Cream from the little town of Brenham, Texas. Blue Bell is the number-three selling branded ice cream in the U.S. – despite the fact that it is only sold in parts of 19 states. Blue Bell will be available in all Meijer stores in Indianapolis beginning April 5.
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Mayor Ballard Announces Summit 2010 Featuring Forbes Publisher and Focusing on Innovation in Workforce and Economic Development
Submitted on: 4/5/2010
INDIANAPOLIS (March 25, 2010) - Indianapolis Mayor Gregory A. Ballard is hosting a new annual event, Racing to the Summit, a workforce and economic development program which this year will feature Rich Karlgaard, columnist and publisher of Forbes magazine, to be held at the Indianapolis Museum of Art on Tuesday, May 18 from 7:45 a.m. to 1:30 p.m., with the assistance of the Indianapolis Private Industry Council (IPIC) and Indianapolis Economic Development, Inc. (IEDI).
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March 2010 Economic Briefing Now Available
Submitted on: 3/25/2010
The February unemployment rate in Indianapolis/Marion County remained steady at 9.8 percent. Among neighboring counties, Marion County ranks fifth for the lowest unemployment rate and 19th out of all 92 Indiana counties. As compared to the largest U.S. cities, Indianapolis ranks 4th for the lowest unemployment rate.
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Technology Firm to Expand Its Indianapolis Headquarters
Submitted on: 3/24/2010
INDIANAPOLIS (March 17, 2010) - BlueLock LLC, a provider of cloud computing and managed information technology services, announced today that it will expand its Indianapolis headquarters operations, creating 118 new jobs by 2014.
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IEDI Adds New Staff Member to Focus on International Economic Opportunities
Submitted on: 3/18/2010
INDIANAPOLIS (March 18, 2010) - Courtney Poulos has joined Indianapolis Economic Development, Inc. (IEDI) to oversee and enhance the organization’s business development efforts with companies based in Europe, Asia and South America.
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Indianapolis Economic Development Officials Seek Job and Investment Opportunities During Three-City Trade Mission to Brazil
Submitted on: 3/4/2010
INDIANAPOLIS (March 3, 2010) – Scott Miller, CEO of Indianapolis Economic Development, Inc. (IEDI) and Michael Young, IEDI’s energy industry director, will leave Sunday for a trade mission to Brazil in search of jobs and investment to benefit Indianapolis. The two will meet with business leaders and government officials in Sao Paulo, Rio de Janeiro, and Porto Alegre from March 8 through March 16.
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Dow AgroSciences to Invest More than $340 Million for R&D Expansion
Submitted on: 3/4/2010
INDIANAPOLIS (March 4, 2010) – Governor Mitch Daniels and Mayor Greg Ballard joined executives from Dow AgroSciences today to announce the company will significantly expand its global headquarters here, creating up to 577 new jobs by 2015.
The agriculture-based firm will invest more than $340 million to construct additions of its global headquarters over the next five years, with the first phase being a 14,000 square-foot greenhouse and a 175,000 square-foot research and development facility at its corporate campus on the city’s northwest side. Dow AgroSciences anticipates the greenhouse construction to be complete by the end of the year while the R&D facility is expected to open in early 2012, with other building projects coming according to a multi-year timeline.
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IEDI Announces New Board Chairman and Two New Board Members
Submitted on: 2/10/2010
INDIANAPOLIS (February 10, 2010) – Scott Miller, CEO of Indianapolis Economic Development, Inc.
(IEDI), today announced the appointment of Carey Lykins, president and CEO of Citizens Energy Group,to chairman of the IEDI board of directors. Lykins will succeed outgoing chairwoman, Anne Shane, vice president of BioCrossroads, who has served as IEDI’s board chair since 2008. Shane will remain as a member of the board of directors.
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January Economic Briefing Now Available
Submitted on: 1/28/2010
The unemployment rate in Marion County increased slightly to 9.1 percent from November to December according to the Indiana Department of Workforce Development, but remains below the state and national rates. The Indianapolis-MSA also increased to 8.5 percent from 8.1 percent during the same time period.
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Fortune 500 Company to Create Jobs in Indianapolis
Submitted on: 1/27/2010
INDIANAPOLIS (Jan. 27, 2010) – Executives from pharmacy benefits management company, Express Scripts (NASDAQ:ESRX), have announced the company will consolidate operations in Indianapolis, with a goal of creating 182 jobs by 2012.
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Bicycle Parts Manufacturer to Expand in Indianapolis
Submitted on: 1/27/2010
INDIANAPOLIS (Jan. 27, 2010) – Executives of racing bike component maker, Zipp Speed Weaponry, have announced that the company will expand its design and manufacturing operations in Indianapolis, creating 105 new jobs by 2013.
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Indianapolis Mayor Targets Economic Development
Submitted on: 1/14/2010
The mayor of Indiana's largest city is vowing to place a special focus on job creation during the next year. Greg Ballard used his annual State of the City speech to announce plans to inject Indianapolis Economic Development Inc. with $3.5 million in recovered tax abatement funds. Another $1.5 million will be pumped into the Indianapolis Convention & Visitors Association to promote the city.
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Medical Disposal Provider to Expand In Indianapolis
Submitted on: 1/13/2010
INDIANAPOLIS (Jan. 13, 2010) – Stericycle Inc. (NASDAQ: SRCL), a provider of medical waste disposal services, announced today that it will expand its operations here, creating up to 109 new jobs by 2011.
The company, which provides medical and prescription drug waste disposal; device, pharmaceutical and consumer product recalls; and expired pharmaceutical returns, among other services, will invest more than $390,000 to consolidate product return operations from Florida and Georgia to its existing facility near the Indianapolis International Airport.
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Indianapolis Secures Commitments for More Than 11,000 Jobs
Submitted on: 1/6/2010
INDIANAPOLIS (Jan. 6, 2010) — Indianapolis Economic Development, Inc. (IEDI), announced today that the City of Indianapolis secured commitments for 11,135 jobs and $157 million in private investment from 45 companies in 2009, resulting in one of the best year-end totals of the decade. Thirty of the 45 successful projects were with existing Indianapolis businesses which have agreed to add 4,153 new jobs and retain 6,982 existing jobs.
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December Economic Briefing Now Available
Submitted on: 12/29/2009
The unemployment rate in Marion County remained stable at 8.8 percent from October to November, according to the Indiana Department of Workforce Development. The Indianapolis-MSA increased just slightly to 8.2 percent during the same time period. Both Marion County and the Indianapolis-MSA continue to trend lower than the state and the nation.
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Colts Are 14 - 0, Set New Franchise Record
Submitted on: 12/22/2009
Colts Set Franchise Record with 14th Consecutive Victory to Start the Season
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Local REALTORS® Invest $100,000 in Community Development in 2010
Submitted on: 12/15/2009
INDIANAPOLIS (December 11, 2009) - Indianapolis Economic Development, Inc. is one of 12 Central Indiana organizations to receive funding from the the REALTOR® Community Investment Initiative (RCII).
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IT Firm to Add 200 High-Wage Positions in Indianapolis
Submitted on: 12/15/2009
INDIANAPOLIS (Dec. 15, 2009) — Executives from information technology consulting firm, BC Forward, formerly Bucher + Christian, today announced the company’s plans to expand its headquarters here, creating 200 jobs by 2012.
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Republic Airways Adding 300 Jobs in Indianapolis
Submitted on: 12/8/2009
INDIANAPOLIS (Dec. 8, 2009) – Republic Airways Holdings Inc. (NASDAQ: RJET) announced today that it will consolidate its business operations to its Indianapolis headquarters, creating up to 300 jobs here next year.
The company plans to expand its headquarters facility on the city’s north side to support the transfer of Frontier Airlines’ Operation Control Center and consolidated back office positions from various locations throughout the company’s network.
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Construction of Indy Hotel Complex Continues
Submitted on: 12/2/2009
INDIANAPOLIS (December 2, 2009 )- Builders and owners of the JW Marriott Hotel, a growing presence on downtown Indianapolis’ skyline just west of the Statehouse, celebrated the building’s topping out today. The 1,005-room hotel will be the largest JW Marriott in the world when it opens in February 2011.
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Wishard Releases First Construction Bid Package for New Hospital Project
Submitted on: 12/2/2009
INDIANAPOLIS (December 1, 2009) The new Wishard Hospital construction project moves forward today with the release of the first construction bid package, which includes a 2,300-car parking garage.
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International Motorsports Industry Show to Remain in Indy Through 2015
Submitted on: 12/2/2009
INDIANAPOLIS (December 1, 2009) – Officials from the International Motorsports Industry Show (IMIS) and the Indianapolis Convention & Visitors Association (ICVA) have announced an agreement in principle to keep the show in Indianapolis through at least 2015.
That represents a five-year extension on the original contract for 2009 and 2010.
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November Economic Briefing Now Available
Submitted on: 11/25/2009
The November summary of the Indianapolis/Marion County economy is now avaiable.
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Downtown Certified Technology Park Task Force to Study Land Use for Life Sciences District
Submitted on: 11/23/2009
INDIANAPOLIS (November 23, 2009) – Indianapolis’ Downtown Certified Technology Park (CTP) Task Force will convene next month to begin an evaluation of land usage in the area. The eight member task force will study the designated technology park to determine economic growth opportunities and make recommendations to the Mayor and the Metropolitan Development Commission for optimal development in the corridor.
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Mayor Leads Delegation on Economic Development Mission to Europe
Submitted on: 11/14/2009
INDIANAPOLIS (November 14, 2009) – Mayor Greg Ballard will lead a delegation of business and community leaders to Europe next week in search of jobs and manufacturing technology to benefit the city and help grow its motorsports industry. The delegation will meet with business leaders, government officials, and researchers in Cologne, Germany and the UK from November 14 through November 23.
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Indianapolis Ranks in Top Ten List of Best Cities to Find a Job
Submitted on: 11/12/2009
(Nov. 6, 2009) Indianapolis was recently names the 8th best city in America to find a job. The report, released by employment Web site CareerBuilder.com, ranked the top metro areas with the most job postings on the site between January and October 2009.
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Leading Biomedical Manufacturer to Expand Operations in Indianapolis
Submitted on: 11/6/2009
INDIANAPOLIS (Nov. 6, 2009) – Executives from Beckman Coulter (NYSE:BEC), a manufacturer of biomedical test equipment and testing supplies has announced it is initiating its second major expansion in Indianapolis in the last two years.
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October 2009 Marion County Economic Briefing now availalbe
Submitted on: 10/30/2009
INDIANAPOLIS (October 30, 2009) The September unemployment rate in Marion County decreased again in September to 8.4 percent as compared to 8.9 in August, according to the Indiana Department of Workforce Development (DWD).
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Indianapolis Ranks Among Top 40 Safest Cities in the U.S.
Submitted on: 10/27/2009
INDIANAPOLIS (October 27, 2009) - Indianapolis ranks among the top 40 safest cities in the country according to a study released by Forbes.com this week. The study took into account metropolitan cities that have the lowest rates of violent crime, workplace deaths, fatal crashes and natural disasters.
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September 2009 Marion County Economic Briefing now availalbe
Submitted on: 9/30/2009
The August unemployment rate in Marion County decreased 0.5 percent to 8.9, according to the Indiana Department of Workforce Development (DWD). The State of Indiana also saw a decline as the statewide rate dropped to 9.9 from 10.6 in July.
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Indianapolis Economic Development Inc. boasts job-creation success
Submitted on: 9/21/2009
From the Indianapolis Business Journal (September 19, 2009) If Indianapolis Economic Development Inc. CEO Scott Miller ever feels like a refrigerator salesman at the North Pole, he’s not letting on. In the worst recession since the Great Depression, it must be difficult to broker business expansions. But Miller’s making no excuses for the city’s job creation and retention figures. In fact, he’s touting them.
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DMD approves unique deal to allow Indianapolis to compete for economic development
Submitted on: 9/17/2009
INDIANAPOLIS (September 17, 2009) - The Metropolitan Development Commission (MDC) has approved a resolution granting a 10-year tax abatement for a 200 acre area of land, known as World Connect, at AmeriPlex on the City's southwest side.
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IPIC, WorkOne and IndyHub plan second event in career management series for young professionals
Submitted on: 9/17/2009
The Indianapolis Private Industry Council (IPIC), WorkOne and IndyHub have partnered to present a series of free programs geared to young professionals. The second event in the series, “Back to School”, is planned for Wednesday, Sept. 23.
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IT Service Provider to Expand Its Indianapolis Headquarters
Submitted on: 9/2/2009
INDIANAPOLIS (Sept. 2, 2009) — Apparatus Inc., an information technology consultant and service provider, announced today that it will expand its operations here, creating up to 130 new jobs by 2012.
The provider of IT consulting and Internet systems management services will invest more than $1.8 million to relocate its headquarters and service center from Delaware Street to 27,000 square feet of space in the former WFYI Studio at 1401 N. Meridian St.
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HQ staying put in Indy, Republic's CEO says
Submitted on: 8/17/2009
(Indianapolis - August 15, 2009) Suddenly taking over airlines in Denver and Milwaukee has made Republic Airways officials think about moving some operations out of Indianapolis.
But one thing seems assured: The company's headquarters will stay here.
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Dow AgroSciences Moves Forward with Expansion
Submitted on: 8/17/2009
(Indianapolis - August 17, 2009) Dow AgroSciences LLC has taken a significant step in its
commitment to Indiana. A groundbreaking was held this morning for the company's 80,000 square-foot expansion at Browning Investments Inc.'s Northwest Technology Park in Indianapolis.
Dow AgroSciences says the expansion should allow it to accelerate investment in new scientific expertise for its growing seeds, traits and oils business.
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CoStar Group Picks Indy-Based ExactTarget to Power International Customer, Prospect Communications
Submitted on: 8/13/2009
INDIANAPOLIS (Aug. 11, 2009) – ExactTarget announced today that International commercial real estate research and information firm CoStar Group, Inc. has selected the emarketing provider to power its revamped email marketing effort to clients throughout the United States, United Kingdom and France.
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IPIC, WorkOne, and IndyHub to Partner on Career Management Series
Submitted on: 8/12/2009
(Indianapolis - August 11, 2009) The Indianapolis Private Industry Council (IPIC), WorkOne, and IndyHub are teaming up to offer a series of free programs geared to young professionals. Career Compass for the Creative Class is a four-part series covering topics of interest to professionals, ages 21 to 40, who are actively seeking new employment or looking for ways to enhance their careers. The first event will take place on August 21.
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New State Law Provides Tax Incentives for Data Centers
Submitted on: 7/24/2009
(INDIANAPOLIS – July 20, 2009) A new state law will provide for a personal property tax exemption for enterprise class information technology equipment – that is equipment used in data storage facilities – such as computers, servers and backup electric generators. This law will provide an incentive to lure new high-technology computer data centers to Indiana and help Indiana compete for projects in this emerging and growing sector.
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Mayor Ballard to Lead Delegation to Brazil to Seek Opportunities in Clean Energy Industry
Submitted on: 7/23/2009
INDIANAPOLIS (July 23, 2009) – Mayor Greg Ballard will lead a delegation of business and community leaders to Brazil in search of jobs and technology to benefit the city and help grow its clean energy industry. The delegation will meet with business leaders, government officials, and researchers in São Paulo, Campinas, and Rio de Janeiro from July 27 through July 31.
Brazil was chosen as the destination for Mayor Ballard’s second international trade mission because of its leadership in the utilization of alternative energy, particularly biofuels, and energy conservation.
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Dow AgroSciences to Grow Biotechnology Research Operations
Submitted on: 7/23/2009
INDIANAPOLIS (July 23, 2009) – Dow AgroSciences announced today it will expand its biotechnology research operations here with a new facility providing research space for 100 new biotechnology scientists.
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Swiss Aviation Company to Expand, Add Jobs in Indianapolis
Submitted on: 7/23/2009
INDIANAPOLIS (July 23, 2009) - Governor Mitch Daniels today joined executives from Comlux Completion USA, an international aviation company that refurbishes and completes interiors for corporate aircraft, today to announce the company’s plans to expand its Indianapolis operations, a move that is expected to create 480 new jobs over the next five years.
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Automation Software Firm to Expand Its Indianapolis Headquarters
Submitted on: 6/12/2009
Marketing automation provider Right On Interactive has announced the company’s plans to expand its operations here, creating 100 new jobs by 2014.
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City of Indianapolis Represented at Investment and Trade Symposium in China
Submitted on: 6/11/2009
The city of Indianapolis is being represented this week at the 11th annual Zhejiang Investment & Trade Symposium (ZJITS) in Ningbo, China. Deputy Mayor Nick Weber and Indianapolis Economic Development, Inc. President and CEO Scott Miller are attending the symposium designed to create international trade opportunities.
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Life Sciences Storage Facility to Grow Its Indianapolis Operations
Submitted on: 5/28/2009
BioStorage Technologies, Inc., has announced it’s plans to expand its operations in Indianapolis creating 125 new jobs by 2012.
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Indianapolis to be Featured in US Airways Magazine in August
Submitted on: 5/27/2009
US Airways Magazine announced today it will highlight Indianapolis as part of its business series in the August 2009 issue of its in-flight magazine, reaching about six million affluent business and leisure travelers who use the airline to reach more than 200 worldwide destinations.
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Local Businessman Launches New Venture
Submitted on: 5/26/2009
Local businessman Charlie Garcia, owner of Garcia Construction Group, and his partner Fred Scott, III, officially launched Heartland Ready Mix, a ready mix concrete company. Heartland Ready Mix has twelve employees and is expected to add at least 18 more positions within a few months. Greg Mayor Ballard was on hand for the ribbon cutting.
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IU Report: Life Sciences Now Rivals Auto Industry
Submitted on: 5/20/2009
A new study released by Indiana Business Research Center of Indiana University's Kelley School of Business shows life sciences companies have accounted for nearly a quarter of Hoosier jobs created during this decade.
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Indianapolis Tops List of Best Sport Cities
Submitted on: 5/18/2009
In a recent poll by the Toronto Star, Indianapolis ranked as the top city in North America for sports.
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Fence Manufacturer to Establish Indy Production and Distribution Center
Submitted on: 5/13/2009
Sonco Worldwide, a manufacturer of chain-link and vinyl fencing and barricades, has announced it will establish a manufacturing operation in Indianapolis, creating more than 40 new jobs by 2012.
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Cheap Apartment Rent Puts Indy in Top Spot For Grads
Submitted on: 5/6/2009
Indianapolis' affordable rental prices makes the city No. 1 for college graduates, according to a new poll.
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Textile Manufacturer to Open Indianapolis Facility
Submitted on: 4/17/2009
American Foam Fiber & Supplies Midwest, Inc. (AFFS), a foam and fiber manufacturer and supplier, has announced its plans to locate a new production center in Indianapolis, creating 50 jobs by 2012.
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New Staff Member to Focus on the Energy/Environmental Management Industries
Submitted on: 4/13/2009
Michael Young, has joined the staff of Indianapolis Economic Development, Inc. (IEDI) to oversee two new target industry clusters, energy and environmental management, as part of the city’s effort to attract and grow companies in these high-growth industries.
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First Quarter Indianapolis Job Creation Results Up 33% Over 2008
Submitted on: 4/9/2009
Indianapolis Economic Development, Inc. (IEDI) today reported strong job growth, job retention, and capital investment numbers for the first quarter of 2009. IEDI participated in 16 projects, resulting in 1,161 new jobs, 1,139 retained jobs, and $26.5 million in capital investment. New jobs were up 33% over first quarter 2008, making it the second best start to the year in terms of number of new jobs in the past seven years.
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Job mix blunts slump, city weathering recession better than rest of state, U.S.
Submitted on: 4/8/2009
In just one year, Indianapolis’ unemployment rate has risen from 4.5 percent to 8.2 percent. But don’t expect local economic development officials to complain too much.
Not when 74 of Indiana’s 92 counties have higher unemployment rates than Marion County’s.
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Merchandising Firm to Expand its Indianapolis Operations
Submitted on: 4/6/2009
MainGate Inc., a full service merchandising and marketing firm, has announced its plans to expand its headquarters and production operations in Indianapolis, creating up to 75 jobs by 2013.
The company, which provides marketing and merchandising services to clients in the motorsports, stick and ball sports, corporate and wholesale industries, will invest more than $3.6 million to increase capacity at its 106,000 square-foot production and office facility. Current plans are to increase the facility to 170,000 square-feet.
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Indianapolis Company Experiences 200% Increase in Projects
Submitted on: 3/20/2009
Catalyst Product Development, an Indianapolis-based product design and development company, has announced a dramatic increase in projects from entrepreneurs, start-ups, and other small companies from previous quarters.
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The Mind Trust Accepting Applications for Education Entrepreneur Fellows
Submitted on: 3/3/2009
The Mind Trust (www.themindtrust.org) is now accepting applications for its third cohort of Education Entrepreneur Fellows. The Fellowship, a nationally unique incubator for transformative education ventures, offers promising education entrepreneurs the opportunity to develop and launch their break-the-mold education ventures and the support necessary for success. Fellows receive an annual salary of $90,000 for two years, benefits, and a $20,000 stipend for travel and professional development.
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Mansfield-King Continues to Expand, Add Jobs in Indianapolis
Submitted on: 2/9/2009
Local personal care contract manufacturer Mansfield-King has announced plans to further expand its local operations.In the coming year, the company expects to add at least 20 new jobs and invest $400,000 in new equipment.
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Appraisal Management Firm to Create Hundreds of New Jobs in Indy
Submitted on: 2/9/2009
Governor Mitch Daniels joined executives from real estate appraisal provider StreetLinks National Appraisal Services today to announce the company’s plans to expand its central Indiana operations here, creating more than 320 jobs in the next three years.
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International Rubber and Plastics Supplier Chooses Indy
Submitted on: 2/9/2009
Executives from Goodtime Science & Technology Co.announced the company’s plans to establish a distribution center in Indianapolis in early 2009.
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Toiletries Maker to Expand Indiana HQ
Submitted on: 1/30/2009
Luxury hotel toiletries company Gilchrist & Soames announced plans to expand its global headquarters, creating more than 40 new jobs by 2014.
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IEDI Announces New Staff Member
Submitted on: 1/30/2009
Nancy Langdon, has joined the staff of Indianapolis Economic Development, Inc. (IEDI) as a business development specialist.
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Company Commits to Doubling Staff in Indy
Submitted on: 1/30/2009
Chain system manufacturer Iwis Drive Systems LLC announced today it will expand its North American headquarters here, more than doubling its workforce in the next three years.
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Lineweaver Graduates From EDI
Submitted on: 1/30/2009
Katie Lineweaver, director of life sciences and community relations at Indianapolis Economic Development, Inc., graduated from the University of Oklahoma’s Economic Development Institute (OU/EDI) on December 11, 2008.
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