Schellinger: Every Focal Point 'Robust'

Posted: Updated:
Schellinger talked about the flurry of jobs announcements on this weekend’s edition of Inside INdiana Business with Gerry Dick. Schellinger talked about the flurry of jobs announcements on this weekend’s edition of Inside INdiana Business with Gerry Dick.
INDIANAPOLIS -

Last week was a big week for job commitments in Indiana, with state and local officials unveiling deals totaling more than 1,100 potential positions. And while Indiana Secretary of Commerce Jim Schellinger was elated about the announcements, he was equally enthused about the range of industries involved. "We've gotten jobs in agribusiness, the manufacturing services, the professional services area, information technology, which we are growing at more than two times the national average, and we also landed jobs in logistics this week," said Schellinger, who adds the economic development pipeline for the remainder of 2019 is strong. 

Schellinger talked about the flurry of jobs announcements on this weekend’s edition of Inside INdiana Business with Gerry Dick.

The largest of the economic development deals is in Shelbyville, where Canada-based Greenleaf Foods announced plans to invest $310 million and add up to 460 jobs in phase one of a multi-phase development to create what the company describes as North America’s largest plant-based protein manufacturing operation. 

Schellinger says the Greenleaf Foods deal came together in just six months. “I can’t say enough about Mayor Tom DeBaun and Brian Asher down in Shelbyville, how they came to together to recruit this group with the state.”

Among other big jobs announcements last week were two in Carmel, Zotec Partners and BCForward, announcing plans that could mean a combined 600 jobs in the Hamilton County city.

Also, in southeast Indiana, New Albany-based HMS Global Maritime is expanding its Floyd County headquarters with plans to create up to 50 jobs by the end of 2022. The company and its American Queen Steamboat affiliate plan to invest nearly $800,000 to renovate a newly-purchased historic building in downtown New Albany.

  • Perspectives

    • "Wood" You Consider Investing in Timber?

      Looking for an untraditional way to diversify your traditional stock and fixed-income portfolio? If so, try thinking outside the typical realm of investable assets. Don’t know where to start? How about going against the “grain” and investing in timber? Why Trees? Investing in timber can yield a number of benefits. The main draw of having timber in your portfolio is its low, long-term correlation to traditional investments such as stocks and bonds. Low correlation...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • 1SI executives Matt Hall and Wendy Dant Chesser talked about the project on Inside INdiana Business.

      Momentum Building at 'Hot Spot' River Ridge

      As economic development officials in southeast Indiana welcomed news last week of Louisville-based PharmaCord's plans to invest $52 million and add up to 850 jobs at the River Ridge Commerce Center, they were quick to add there is more development on the horizon. River Ridge is a sprawling, 6,000 acre park located between Jeffersonville and Charlestown that was once home to the massive Indiana Army Ammunition plant and thousands of jobs. Today more than 50 companies call River...

    • (photo courtesy of Governor Eric Holcomb's office)

      Governor Meets with Ag Leaders on Delayed Planting

      Governor Eric Holcomb recently met with leaders from the state's agriculture sector regarding the impact of unusual weather conditions on farms and other ag businesses. The USDA says 84 percent of Indiana's corn crop and 64 percent of soybeans have been planted. Typically, both crops are at 100 percent planted by this time of the year.

    • (photo courtesy of Taylor University)

      Taylor University President to Resign

      The president of Taylor University is stepping down. The university's board of trustees says Paul Lowell Haines has resigned from the position and will leave the Upland campus August 15. A specific reason for Haines' resignation was not given, however the Board Chair Paige Cunningham noted the move was "neither solicited nor encouraged" by the board. Haines graduated from Taylor in 1975. He later held various positions at the university including vice president for...

    • "Wood" You Consider Investing in Timber?

      Looking for an untraditional way to diversify your traditional stock and fixed-income portfolio? If so, try thinking outside the typical realm of investable assets. Don’t know where to start? How about going against the “grain” and investing in timber? Why Trees? Investing in timber can yield a number of benefits. The main draw of having timber in your portfolio is its low, long-term correlation to traditional investments such as stocks and bonds. Low correlation...

    • Colts Name Overton As Producer

      The Indianapolis Colts have named Larra Overton as the team's new producer and on-air talent. Overton currently is a sports reporter and anchor for Fox59 WXIN/CBS4 WTTV. She will serve as producer for Colts Productions and will serve as the television sideline reporter for preseason broadcasts and radio sideline reporter for regular season games. Overton holds two degrees from Indiana University.