ANDERSON – A sister company to NTN Driveshaft will make a $98 million investment in Anderson that will bring 198 jobs to the city.
Anderson city officials will announce this morning that NTK Precision Axel Corp. will build a 300,000 square foot facility to the west of the NTN Driveshaft building near 73rd Street and Layton Road.
NTK hopes to start production at the Anderson facility in October 2018. The last of the 198 jobs are expected to be created by 2021.
Greenwood’s mayor unveiled plans Monday to invest $30 million into transforming the city’s sleepy downtown into an urban oasis.
New shops, restaurants, parks and apartments will bring a cool factor to the historic downtown corridor near Main Street and Madison Avenue, said Mayor Mark Myers, who released details during a 2 p.m. news conference at the Greenwood City Center.
Gary residents have the dubious distinction of living under the highest property tax rates in the state.
A Times survey of data released by the Indiana Department of Local Government Finance shows Gary’s property owners face a tax rate of more than $7.20 per $100 assessed valuation this year.
Tax rates are only one part of the equation. Call Innovative Property Tax Solutions today to see if you are being overassessed on your commercial, industrial, or multi-family residential property taxes.
In May 2014, Interactive Intelligence Group CEO Don Brown held a press conference at the firm’s northwest Indianapolis headquarters, announcing plans to construct a new building and hire 430 workers by the end of 2016.
INDIANAPOLIS – Cities and towns in the state wouldn’t be allowed to ban short-term rentals found on websites like Airbnb under a bill heard by state lawmakers Tuesday.
Rep. Matt Lehman, R-Berne, said he is trying to find the balance between protecting home rule and the rights of Hoosiers to use their property as they see fit.
INDIANAPOLIS, Ind.– Even though he has said, “Everything is on the table,” when it comes to drawing up the city’s 2017 operating budget, Indianapolis Mayor Joe Hogsett indicated Wednesday that higher taxes and fees are not likely to be part of his proposed spending plan.
The property tax bill on Jeff and Roberta Price’s Lincoln Park home was about $400 in 1977, the first year they lived there. It’s been going up ever since, but rarely with the jolt of this year’s 63 percent increase.
The increase, from $8,652 to $14,104, has the couple reconsidering their plan to retire in the Kenmore Avenue home where they raised their kids. They’re looking at homes in Indiana “as a backup plan” for the time when Roberta retires in a few years, said Jeff Price, who is already retired.
ANDERSON – The owners of Raceway Industrial Park in Anderson have acquired a nearby property from the RACER Trust. The nearly 15-acre tract previously served as parking for the old General Motors facilities. Tower Anderson LLC says the property will be used to expand the park’s parking and storage capacity.
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.