Economic development

On Wednesday, the Legacy Joint Funding Committee denied a request to fund a Fort Wayne shooting range.

Hoosiers Push For Mine Restoration Dollars

Sep 29, 2016
Peabody Energy

Some Hoosiers and Appalachia residents are advocating for federal dollars to restore abandoned coal mines.

The RECLAIM Act would free up $34 million over five years for Indiana.

Brandon Smith / Indiana Public Broadcasting

Governor Mike Pence is reaching across party lines to fill an open seat in his administration.  Pence announced on Wednesday Democrat Jim Schellinger will head the state’s economic development agency.

Schellinger, who’s served on the Indiana Economic Development Corporation’s Board of Directors since Pence took office, will take a leave of absence from his role as CEO of the Indianapolis company CSO Architects.  The Hoosier Democrat ran for governor in 2008, losing in the primary.

Experts Split on Effectiveness of Indiana's WSJ Ad

Jun 10, 2015
Courtesy / State of Indiana

Indiana took out a full-page ad in the Wall Street Journal Wednesday criticizing Connecticut’s $1.5 billion tax increase and touting Indiana’s business friendly policies.

The ad that was placed in the Connecticut, New Jersey and New York versions of the Wall Street journal bears this message: “Friends don’t let friends pay higher taxes.”

The ad specifically names General Electric, whose executives have been threatening to leave Connecticut because of tax increases. But Indiana University tax law professor Ajay Mehrotra says that’s not likely to happen.

Shane Pequignot / General Motors

General Motors will invest $1.2 billion to expand its Fort Wayne truck assembly plant. The company says it’s among their largest manufacturing investments ever in the U.S.

The automotive company will expand and upgrade the existing facility which builds Chevrolet Silverado and GMC Sierra pickups. The investment will add 1.5 million square feet to the plant, including a new paint shop and expanded body shop. The plant currently employs around 3,800 workers.

The company says the upgrades will improve efficiency and reduce emissions.

Pages