Tag: Indiana Economic Development Corporation

Since it was launched in 2020, the Manufacturing Readiness Grants program has granted a total of 384 awards totaling $39 million to companies in 69 counties. 

With strong roots in manufacturing, Indiana’s economy is evolving to attract new areas of the sector, including green energy.

In a public-private partnership with Indiana and Purdue University, SkyWater Technology will pursue CHIPS Act funding to build a $1.8B semiconductor plant in West Lafayette.

Stellantis Samsung SDI joint venture to build electric vehicle battery plant in Kokomo, IN is targeted to start in 2025 and create 1,400 new jobs.

Hello Nature and MPS Egg Farms joint venture Bionutrients will build two facilities, employ nearly 50 workers, in Wabash, IN.

The Israel-based company’s $1.5 billion three-phase solar farm project, Mammoth Solar, is expected to bring 1.3 gigawatts of clean energy to Northern Indiana.

The expansion will help Smoker Craft meet increased consumer demand, and create up to 100 new jobs in New Paris, IN.

Communications Test Design, Inc.'s Jeffersonville, IN expansion will create 1,000 jobs over the next five years.

Trucking company Renewable Transport Services will invest more than $20M to upgrade and equip its 100,000-square-foot Indianapolis facility.

Milliman Inc. will add nearly 100 jobs and invest more than $6 million to lease and furnish office space in the Market Tower office building in downtown Indianapolis.

Tempur Sealy, ITS Logistics, and Ludo Fact USA will create a total of 600 new jobs in Montgomery, Boone, and Tippecanoe counties. 

Poland-based packaging manufacturer CANPACK will invest $380 million and create 345 jobs at its new aluminum beverage can manufacturing plant in Muncie, IN.

The Indiana Regional Economic Acceleration and Development Initiative (READI) encourages communities to create shared visions and strategies to accelerate economic resilience, long-term growth.

In its third multi-million dollar investment in four years, Toyota announced it is adding two all-new electric vehicles to the production line-up at its Princeton plant.

The beverage production company will create up to 111 jobs at its new Midwest headquarters and manufacturing facility in Columbus, IN.

Luxury RV manufacturer Alliance RV will invest more than $33 million to grow its state-of-the-art manufacturing campus in Elkhart, IN.

Software-enabled pharmacy fulfillment solutions provider iA will add more than 400 jobs at its new Indianapolis headquarters by end of 2023.

Digital strategy firm Wunderkind Corporation will invest nearly $3.4 million in its new Indianapolis operations.

The Integration Platform-as-a-Service (iPaaS) provider will invest nearly $1.2 million to establish its third major North American location in Indianapolis.

The automotive floorplan financing company will create more than 200 jobs at its expanded headquarters in Carmel, IN.