Steel firm’s plans to leave Cook County for Indiana blamed on anti-business policies – Michael Carroll – Illinois New Network

A Cook County steel plant is laying the groundwork to relocate to Gary, Ind., after winning the Gary Redevelopment Commission’s go-ahead this week for a 25-acre purchase of industrial land.

The move by Alliance Steel Corp. prompted observers of Illinois’ business climate to say it reflects a continuing out-migration of Illinois businesses looking to escape high taxes, bad public policies and a looming pension crisis. The company expects to employ about 100 people at its planned 250,000-square-foot plant in Gary.

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Judge allows Peabody Energy to pay property taxes – AP – Michigan City News Dispatch –

CHEYENNE, Wyo. (AP) — A judge on Wednesday agreed to let Peabody Energy go ahead and pay nearly $30 million in property taxes in four states while the coal company goes through bankruptcy reorganization.

The decision in federal court in St. Louis should help end uncertainty for communities in Colorado, New Mexico, Wyoming and Indiana.

Read More…http://www.thenewsdispatch.com/news/indiana_state_news/article_01877bb2-9559-5f9d-848d-7fb9aa6a3fc2.html

Illinois-Based Manufacturer Expanding in Lake County – 6/28/2016 – IN.GOV

Indianapolis Indiana Secretary of Commerce Victor Smith and Hobart Mayor Brian K. Snedecor joined executives of NB Coatings, a Japan-owned manufacturer of automotive coatings for plastics, today as the company broke ground on its new northwest Indiana facility, creating up to 22 new jobs by 2018. Among all U.S. states, Indiana has the largest amount of Japanese investment per capita with more than 250 Japan-based businesses operating in Indiana today, said Governor Mike Pence. As a state, we’ve made it a top priority to establish a pro-growth business environment that is attracting job creation from across the globe, and today Im proud to welcome yet another international business to the Hoosier state.

Source: Illinois-Based Manufacturer Expanding in Lake County – 6/28/2016 – IN.GOV

Construction to Start on Mega Park Shell Building – Inside Indiana Business – Dan McGowan

A groundbreaking ceremony is set Monday for a shell building at a Wabash Valley industrial property. The $3.3 million project at Vermillion Rise Mega Park is expected to be complete by the end of the year.

Terre Haute-based Garmong Development Company LLC purchased the site from the Newport Chemical Deport Reuse Authority and it will locate the 50,000 square-foot facility on parts of 32 acres. Park officials say plans call for it to be expandable to more than 200,000 square-feet. Plans for the project have been progressing more than two years.

Read More…http://www.insideindianabusiness.com/story/31912737/construction-to-start-on-mega-park-shell-building

Firm Brings 100 Jobs To City – Daily Journal – Annie Goeller

A building supplies manufacturer is bringing 100 jobs to Franklin in the next three years and remodeling a facility that has been vacant for years.

84 Lumber Co. plans to invest $5.6 million to remodel a facility on Graham Road and then will manufacture wood roof trusses, floor trusses and wall panels, according to a state news release.

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