Fort Wayne's redevelopment director says keeping BAE Systems in the city will retain hundreds of high-paying, high-skilled jobs. Greg Leatherman says the company plans to make "a real statement" with a proposed $39 million facility near Fort Wayne International Airport that could include more advanced technology. The redevelopment commission has approved $2 million in incentives, dependent on some additional documentation from the company. Leatherman says a coordinated and aggressive approach helped keep BAE in the city.
Manufacturer Plans Kosciusko County Expansion
An Ohio-based company has announced plans to pump $6.7 million into its Pierceton manufacturing operation. OMCO says the expansion could lead to 40 jobs by 2016. The steel component maker currently employs more than 120 Indiana workers.
CEO Leaving Economic Growth Organization
The Elkhart-based Corporate Partnership for Economic Growth is searching for its next president and chief executive officer. Shawn Peterson, who has led the organization for two years, says he plans to return to the private sector.
Pelath Hopes For Focus on Jobs, Education
House Democratic Leader Scott Pelath believes the pending debate on a constitutional amendment to ban same-sex marriage will likely overshadow issues including education and job creation during the 2014 session of the Indiana General Assembly. In outlining Democrat goals, Pelath says, instead of focusing on those matters, the session will "inflame emotions of people" across the state by voting on the issue of marriage equality.
Fishers Chamber Holding 'First Mayor' Event
The Fishers Chamber of Commerce will host a panel discussion designed to prepare the community for its first mayoral election. The mayors of Carmel, Westfield and Noblesville will discuss their experiences at tomorrow's event.
Taft Announces Merger
Taft Stettinius & Hollister LLP, which employs nearly 200 in its Indianapolis office, is set to merge with a Chicago-based law firm. The move means Shefsky & Froelich will operate under the Taft name beginning in January.
Seminary Opposes Proposed Marriage Amendment
A major faith-based school has joined a coalition opposing an amendment to the Indiana Constitution banning same-sex marriage. Indianapolis-based Christian Theological Seminary President Matthew Boulton says, in addition to hindering recruiting efforts, the proposed amendment contradicts its "historic mission and core Christian values."
Studies Spotlight Downtown Indy Impact
Indianapolis Downtown Inc. says two new reports show the area is an "economic driver and residential magnet." The research shows more than two-thirds of new downtown residents are coming from outside Marion County. The studies were conducted in partnership with Indiana University's Public Policy Institute. IDI President Sherry Seiwert and IU Public Policy Institute Senior Policy Analyst Drew Klacik discussed the research on Inside INdiana Business Television.
Developer Buys Historic Indy Building
A historic downtown Indianapolis building that has been vacant for around a decade could get another chance. An affiliate of Keystone Construction Corp. has purchased the Illinois Building. It is located near the Indiana Statehouse at Illinois and Market streets.
Purdue to Pay Tribute to Prof's 'Golden' Contribution
Purdue University will honor a former educator for his role in the creation of the San Francisco Golden Gate Bridge. Charles Ellis, a civil engineering professor at the school in the 1930s and 1940s, will have a plaque dedicated Thursday at the school. He was the span's structural design engineer.
IU Grows Partnership With Defense Institute
Indiana University is expanding its partnership with the North Carolina-based Institute for Defense and Business. The move will include collaborations on degree programs, research and the pursuit of federal grants and contracts.
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