Valeo North America announced plans for major growth of its Seymour location during a meeting of the Seymour City Council on December 14.
In its request for tax abatement, the company revealed plans to invest over $35 million in new equipment to support its business growth. In addition, the new investment ... Read More
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Dec2020
Greater Columbus Economic Development Corporation (EDC) was recently recognized for outstanding investment attraction strategies focused on support of intelligent manufacturing. The recognition was given by U.S. Department of Commerce Assistant Secretary for Global Markets, Ian Steff, at the department’s annual Discover Global Markets conference held virtually this year in Indianapolis, ... Read More
December 29, 2020katia
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Dec2020
To our extended South Central Indiana family, I want to express our sincere thank you for keeping up with our activities in 2020. As we begin the final month of the year, we want you to know that we recognize that we are very fortunate to have you as partners. ... Read More
December 2, 2020katia
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Dec2020
One Southern Indiana (1si) announced the winners of the 2020 ONCE Awards at a dinner held at Caesars Southern Indiana on Thursday, November 12, 2020. Approximately 120 live participants and 125 virtual attendees celebrated the success of these local and regional businesses and professionals.
The ONCE Awards is a combined event ... Read More
December 2, 2020katia
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Dec2020
River Ridge Commerce Center in Jeffersonville is expanding infrastructure to allow for broader development efforts at the 6,000-acre business park. The River Ridge Development Authority approved $8.4 million in various projects in November 2020.
Caldwell Tanks was approved for more than $7.2 million to build two elevated, two-million gallon water tanks, ... Read More
December 2, 2020katia
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Nov2020
A local subsidiary for international company Nikkei MC Aluminum is receiving a tax abatement on an investment of $6.1 million into new equipment and facility expansion.
On October 20, 2020, the City of Columbus City Council approved a 10-year tax abatement for Nikkei MC Aluminum America, Inc. According to a memorandum ... Read More
November 2, 2020katia
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Nov2020
The International Economic Development Council (IEDC) has recognized the River Ridge Development Authority (RRDA) with the 2020 Excellence in Economic Development Award. River Ridge received a Gold Award, the top honor, in the Real Estate Redevelopment and Reuse (Population 25,000 to 200,000) category at IEDC’s annual conference. The award recognizes ... Read More
November 1, 2020katia
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Nov2020
One Southern Indiana (1si), the chamber of commerce and economic development organization for Clark and Floyd counties, announced the finalists for the 2020 “ONCE” Awards today. The ONCE Awards is a combination of the ONE Awards, which was postponed due to the Corona Virus outbreak, and the ACE Awards, held annually in the fall. ... Read More
November 1, 2020katia
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Nov2020
Louisville-based commercial real estate developer Hollenbach-Oakley recently began construction of the first, Class A office building at the River Ridge Commerce Center’s new Gateway Office and Research Campus.
The office campus is being developed on 300 acres reserved by the River Ridge Development Authority (RRDA) to help attract higher-wage jobs to ... Read More
November 1, 2020katia
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Nov2020
Cummins Inc. has announced more growth at its location in Seymour.
In conjunction with the Indiana Economic Development Corporation, the City of Seymour and Duke Energy, Cummins announced plans to invest more than $25 million at its Seymour Engine Plant (SEP) over the next several years. The investment is also expected ... Read More
November 1, 2020katia