A trucking company moving from Illinois to Indiana is the latest of dozens of companies that have made that switch in recent years.
It’s a boon to struggling northwest Indiana economies that Indiana officials say is thanks to their state’s business-friendly tax and regulatory structure.
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.
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.
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
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.
Two technology-related companies will spend a total of $3.5 million to expand their Hamilton County operations and create about 125 new jobs over the next four years, state officials said Tuesday.
Warsaw-based Winona PVD Coatings LLC says a previously-announced production capacity expansion will result in up to 50 new jobs by the end of the year. The company plans to invest more than $10 million to add a production line at its Kosciusko County facilities.
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.
SOUTH BEND, Ind. (AP) — The South Bend Common Council has given preliminary approval to a $934,000 tax abatement for a portion of the former Studebaker assembly plant south of downtown.
ANDERSON — Sometime next summer a portion of the electricity that powers air conditioning, televisions and appliances in Anderson will be derived via solar.
The Anderson City Council on Thursday approved a tax abatement for the construction of a solar electric generating facility by the Indiana Municipal Power Agency.