$90 million Eli Lilly investment could lead to property tax break – Eric Feldman – WishTV.com

INDIANAPOLIS (WISH) — Eli Lilly and Co. is developing a $90 million building as part of its efforts to fight diabetes and help people with it. 

What has drawn some questions is whether the global pharmaceutical company should get nearly $10 million in tax breaks from the city. 

On Monday night, a City-County Council committee passed the tax break, and it will be up for a vote at the next full council meeting. 

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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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