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.
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.
The developer of a new student apartment complex at 220-224 N. Third St. is seeking a five-year tax abatement from the city, according to an amended application filed with the city clerk’s office.
The Terre Haute City Council is expected to discuss the abatement during tonight’s sunshine meet, which begins at 6 p.m.
Earlier, the Indianapolis-based private developer of Annex 41 had requested a nine-year tax abatement for the $25 million student housing project, which would be on property currently owned by the Terre Haute Boys & Girls Club. But on Wednesday, the attorney for the developer — Annex Student Living — submitted an amended application for a five-year abatement.
CROWN POINT | D & L Wood Products received approval for two tax abatements from the City Council last week to expand its business.
The company bought the former Babe Ruth fields on Indiana Avenue from the city earlier this year and plans to build a 25,000-square-foot office and warehouse building on a portion of it. The project is valued at almost $2 million, and the company plans to bring in about $250,000 in new equipment, including a $200,000 computerized inventory management system.
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.
Batesville, Ind.) – Thrive Market, a membership-based online health foods and natural products store, announced plans today to establish a fulfillment center here, creating up to 250 new jobs by 2018.
MISHAWAKA — The city council easily voted 9-0 to pass an added charge for the city’s electric customers Monday. But it went through a lengthy series of questions before approving the first step in a property tax abatement for about 30 condominiums and a café that Barak Group wants to build next to Beutter Park.
City-County Councilman Vop Osili sees a bright future for Center Township.
Downtown is thriving, and sooner or later, that success figures to attract redevelopment to the struggling, blight-scarred neighborhoods around it.
21 schools sit abandoned in Gary, adding to city’s urban decay as district unable to sell them
Source: 21 abandoned schools add to Gary’s urban decay – Elkhart Truth