Local Government, Foundations, Private Donors and One Southern Indiana Join Together to Disburse 123 Loans
It has been three months since Governor Holcomb announced an executive “Stay at Home” order for the citizens of Indiana. Since that time, small businesses throughout the state have struggled to stay afloat during the COVID-19 ... Read More
katia
30
Jun2020
One of the largest online business news sites, BusinessInsider.com, recently evaluated all 380+ metropolitan statistical areas in the US to determine which 30 cities in the US would offer the best mix of community attributes for living and working post pandemic.
The report considered a variety of factors including housing ... Read More
June 30, 2020katia
30
Jun2020
Reprinted from Inside Indiana Business
The Ohio River port in Jeffersonville has just been awarded a more than half-million-dollar grant from the U.S. Department of Transportation to improve shipments for Nucor Steel and other companies.
The Ports of Indiana authority says the USDOT Maritime Administration provided the funding to improve access for a ... Read More
June 30, 2020katia
30
Jun2020
The River Ridge Commerce Center grew employment, expanded development and generated increased economic output in 2019. These and other key findings are detailed in an Economic Impact Analysis conducted by Policy Analytics. (The full report is available at www.riverridgecc.com.)
In 2019, the Commerce Center produced an estimated total of $2.5 billion ... Read More
June 30, 2020katia
28
May2020
ETS Jet Engine Stands Inc., with the assistance of One Southern Indiana, the chamber of commerce and economic development organization for Clark and Floyd counties in Indiana, appeared virtually before the New Albany City Council on Thursday, May 21 to discuss the possible purchase of an existing facility and request ... Read More
May 28, 2020katia
28
May2020
Aisin Drivetrain Inc. (ADI) has announced plans to add a new line of business to its Crothersville location, and will invest over $7 million in the process.
The Crothersville Town Council approved 10-year tax abatement for the company’s $7 million investment in manufacturing equipment and 5-year abatement for a $200,000 investment ... Read More
May 28, 2020katia
28
May2020
Reprinted with permission from the Louisville Business First:
https://www.bizjournals.com/louisville/news/2020/05/18/massive-development-set-for-50-acre-river-ridge-si.html
A national developer is bringing another huge project to Southern Indiana.
The River Ridge Development Authority said Monday that Kansas City-based VanTrust Real Estate LLC has broken ground on Gateway 700, a 702,800-square-foot speculative industrial building, that should be ready for tenants by year's end. The ... Read More
May 28, 2020katia
28
May2020
Expansion projected to bring up to 50 new jobs to area
In May 2020, Northwest Ordinance Distilling, a distilled spirits bottling facility, announced its intention to expand its production facility in New Albany, Ind. The facility, located at 707 Pillsbury Lane, was purchased in June of 2018 and is the former ... Read More
May 28, 2020katia
28
May2020
The Duke Energy Foundation is funding $200,000 in grants to Indiana economic development organizations offering crisis relief to small Indiana businesses. The businesses range from a city of Madison program offering its downtown businesses rent support to a Brownstown tool supplier that committed to retaining and paying its employees during ... Read More
May 28, 2020katia
28
May2020
Erin Schneider, Director of Economic Development Indiana for Duke Energy, has been named to the 2020 list of North America’s Top 50 Economic Developers by Consultant Connect. Consultant Connect is a consulting agency designed to bridge the gap between economic developers and site consultants. The economic development professionals selected for ... Read More
May 28, 2020katia