Blog

CLEVELAND (Aug. 31, 2020) – Fast-growing online auto retailer Carvana is preparing to add to its operations by building a 200,000-square-foot facility in Lorain County. The company expects to invest $23 million and hire 400 new employees, representing an estimated $13 million payroll. “Carvana has been growing extremely rapidly over the last several years, and … Continue reading Carvana to Bring Estimated 400 Jobs to Northeast Ohio

INDIANAPOLIS (July 24, 2020) – Prolific, a growth strategy and growth capital firm, announced plans today to expand in central Indiana, creating up to 145 new, high-wage jobs by the end of 2024 to support the company’s growing national and international client base. “It’s such an encouragement to see companies like Prolific continuing to grow in … Continue reading National Growth Strategy & Capital Firm Details Expansion for Central Indiana HQ

Federal funding of $50 million, allocated through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enables the expansion of Indiana’s Next Level Jobs program through the state’s “Rapid Recovery for a Better Future” initiative. Of the total funding, $37 million will be used to expand two grant programs – the Employer Training Grant (ETG) … Continue reading Indiana’s Next Level Jobs Program Expanded Through End of 2020

Applications for the Manufacturing Readiness Grant program are now open to Indiana manufacturers across the state. The Manufacturing Readiness Grants, administered by the IEDC in partnership with Conexus Indiana, are a part of the $10 million Economic Activity Stabilization and Enhancement (EASE) program designed to stimulate manufacturing investments that will position Hoosier operations and the … Continue reading Indiana Businesses Encouraged to Apply for Manufacturing Readiness Grants

COLUMBUS, Ohio (June 24, 2020) – Carvana, a leading e-commerce platform for buying and selling used cars, has announced plans to open a new inspection center in Heath, Ohio, with upcoming hiring events for up to 100 new employees. The hiring events will be held daily, July 7-9, with the goal to hire entry level … Continue reading Carvana Planning Inspection Center Opening in Licking County; Holds Hiring Event for New Positions

FISHERS, Ind. (May 6, 2020) – The Indiana Economic Development Corp. is offering Fishers-based Qumulex $935,000 based on its plans to invest $1.4 million in its video surveillance and access control company and create 55 jobs by 2026. Fishers-based Qumulex is a cloud-based, Internet of Things technology and software company formed in 2018 to help … Continue reading Fishers Video Surveillance Firm Adding Jobs

In a continued effort to respond to the economic difficulties brought on by COVID-19, Indiana Gov. Eric Holcomb signed Executive Order 20-23. The order automatically extends business personal property tax return and related compliance filings until June 15, 2020. This extended deadline applies to: Business personal property tax returns Certain compliance statements Certain property tax incentive … Continue reading Indiana Officially Extends Property Tax Filing Deadlines

With property tax deadlines looming, Indiana property owners are looking for relief in the midst of the COVID-19 crisis. From payment extensions to potential assessment adjustments, there are options that could alleviate immediate financial obligations. Real property taxes payable in 2020 In Executive Order 20-05, Indiana Gov. Eric Holcomb officially extended the 2020 spring installment tax … Continue reading COVID-19 Relief for Indiana Property Owners

The federal government is making a lot of COVID-19 relief programs available. Where do I start, and how quickly do I need to act? It is a bit overwhelming, and new information is coming out every day. Take a deep breath, because KSM Location Advisors, with the help of Katz, Sapper & Miller, is working … Continue reading Paycheck Protection Program: What Should You Be Doing Now?

On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. While the sweeping legislation introduces a multitude of significant measures, the Paycheck Protection Program is a lifeline for small businesses, injecting capital when they need it most. However, the hallmark of the program is that the loans can … Continue reading CARES Act Introduces Forgivable Loans With Paycheck Protection Program