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Nestlé Planning $80M Anderson Expansion
Nestlé USA has unveiled plans to invest nearly $80 million into its Anderson operations. Our partners at The Herald Bulletin report the company will purchase new equipment for the facility and add 30 jobs.
Sports Corp Seeks $25M For 4-Year Stretch
The first-ever State of Sports address from the president of the Indiana Sports Corp. included a major fundraising announcement. Ryan Vaughn says the new Indy Championships Fund will push to raise $25 million to support a four-year stretch of major events that ISC says will be "unlike anything Indianapolis has enjoyed in the past." The organization says events during that time are expected to deliver a $670 million economic impact.
Electric Works Lands State Incentives
The first phase of a major redevelopment project in downtown Fort Wayne will receive state assistance. The Indiana Economic Development Corp. has awarded a conditional tax credit for Electric Works, a mixed-use innovation district located at the former GE campus. The incentive is part of the IEDC's Industrial Recovery Tax Credit program, used to boost investment in the redevelopment of former industrial facilities. Developers are projecting an initial investment of more than...
Well-Known Real Estate Firm Expanding to Fort Wayne
Texas-based Keller Williams Realty Inc. has announced plans to open its first office in downtown Fort Wayne. Financial details of the real estate company's investment in the location were not immediately disclosed, however the expansion will bring at least 35 jobs to the Allen County city.
Tastings Unveils 'Wine Truck'
Tastings in Indianapolis is taking wine mobile. The Tastings Wine Truck has making the rounds in the city. Owner Ross Bailey says he saw a need for wine offerings at local events that often only serve beer. The wine bar unveiled the truck, a restored 1952 International Harvester Metro, Thursday at its downtown location.