Indiana Gov. Eric Holcomb made it clear that one of the top items on his 2022 legislative agenda was the reduction of Indiana’s business personal property tax – and the Indiana legislature has taken note. In mid-January, the Indiana House Ways and Means Committee passed its tax cut proposal, which would exempt the minimum tax … Continue reading The Impact of Eliminating Indiana’s 30% Depreciation Floor
Determining the location of a company’s next facility or assessing whether to move existing operations have always been high-stakes, complex decisions for management teams. But these decisions have become even more challenging since the COVID-19 pandemic injected unprecedented elements of uncertainty into the economic environment – and everyday life. By creating supply chain, workforce, and … Continue reading New KSM Location Advisors President Breaks Down Effects of Pandemic on the Economic Development World
LEBANON, Ind. (November 9, 2021) –A cereal and snack food company has announced plans to relocate its manufacturing facility from Frankfort to Lebanon. New York-based Catalina Snacks says it will lease a 100,000-square-foot space in the Lebanon Business Park. The food maker, which specializes in keto-friendly products, says it made the decision to move because … Continue reading Snack Food Maker to Relocate to Lebanon
This article appeared in the June 22, 2021, issue of the Indianapolis Business Journal. Mark Mitchell is making a homecoming with his hiring as president by KSM Location Advisors, the Indianapolis-based national site-selection firm announced Monday. The Arsenal Tech High School, Indiana University and Anderson University graduate grew up in Indianapolis and worked in the … Continue reading Industry Vet Named President of KSM Location Advisors
FISHERS, Ind. (June 16, 2021) – Stevanato Group, a global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries, announced intentions today to locate its new U.S. operations in Fishers. The company is expected to create more than 230 new jobs in Hamilton County by the end … Continue reading Stevanato Group Chooses Indiana for New US Facility to Support Pharma Industry
CARMEL, Ind. (June 3, 2021) – Syra Health, a startup health care and life sciences company, announced plans today to expand operations in central Indiana. The company committed to creating up to 150 new jobs by the end of 2025 and has already hired 24 toward its goal. “Indiana has earned a reputation as a … Continue reading Health Care and Life Sciences Startup Expanding in Indiana, Adding 150 Jobs
The 2021 Indiana legislative session nearly snuck under the radar this year as our news cycle continues to be dominated by the COVID-19 pandemic. But there is much to unpack from this year’s session, including what tools the Indiana General Assembly made available for continued pandemic recovery. While a few new programs were created, legislators … Continue reading 2021 Indiana Legislative Update
INDIANAPOLIS (May 4, 2021) – Milestone Business Solutions Inc. (Milestone), a professional services firm, announced plans today to expand operations in central Indiana. The company committed to creating up to 53 new jobs by the end of 2025 and has already hired 13 toward its goal. “Home to a thriving startup ecosystem, central Indiana is the perfect … Continue reading Professional Services Firm Chooses Indiana For Growth, New Jobs
CINCINNATI, OHIO – April 9, 2021 – REDI Cincinnati and JobsOhio today announced fast-growing online auto retailer Carvana has acquired more than 100 acres in Trenton, Ohio. Carvana plans to develop a new service and distribution facility there, creating a projected 400 new jobs. The company plans to invest more than $24 million to build a 200,000-square-foot … Continue reading Leading Online Auto Retailer Announces Plans for New Facility in the Cincinnati Region
This article originally appeared on thehill.com More than 140 small cities across America are worried that the federal Office of Management and Budget is about to hand them a demotion. Their anxiety stems from a group of technical advisers who proposed the office change the standard by which it measures what qualifies as a Metropolitan … Continue reading Small Cities Fret Over Feds Redefining Metro Areas