Promised investment in Jackson County was $106 million in 2021.
That was the fifth-highest total since Jackson County Industrial Development Corp. was created in 1984, said Jim Plump, who has been executive director since the beginning of the 501(c)(3) not-for-profit organization.
The highest was $177 million in 2013, followed by $175 million ... Read More
katia
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Aug2022
Jeffersonville, IN (August 16, 2022) – During Monday’s meeting of the River Ridge Development Authority (RRDA), the board of directors received an update on a $3 million grant awarded by the U.S. Department of Commerce’s Economic Development Administration (EDA). The EDA grant will fund a portion of the new 20-inch ... Read More
August 24, 2022katia
24
Aug2022
Columbus-based Cummins Inc. (NYSE: CMI) on August 3 announced the completion of its $3.7 billion acquisition of Meritor Inc. in Michigan. Meritor is a supplier of drivetrain, mobility, braking, aftermarket and electric powertrain products for the commercial vehicle and industrial markets.
The acquisition was first announced in February. Cummins says it ... Read More
August 24, 2022katia
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Aug2022
The Columbus City Council has approved tax abatement requests for two companies involved in a single expansion project. The Republic reports the incentives will support the project totaling $7 million in investment and the addition of nearly a dozen jobs.
The expansion involves a facility at 1600 Brian Drive in Columbus ... Read More
August 24, 2022katia
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Jul2022
In July, the City of Madison Redevelopment Commission entered into an Economic Development Agreement with Habitat for Humanity of Jefferson County to complete the infrastructure extension of Beech Grove Street.
This partnership will foster economic development and housing in Madison, and is another exciting step in accomplishing our economic growth and ... Read More
July 28, 2022katia
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Jul2022
NEW ALBANY – Wendy Dant Chesser, President and CEO of One Southern Indiana, has been named to IBJ Media’s inaugural Indiana 250, a list of the most influential and impactful leaders across the state in business, not-for-profits, government, philanthropy, and community organizations. “Most often, the people on this list have ... Read More
July 28, 2022katia
28
Jul2022
COLUMBUS, Ind. — Cummins Inc. has announced plans to collaborate with a Japanese heavy-equipment maker to develop zero-emission mining truck applications.
The Columbus-based company said it had signed a memorandum of understanding with Japan-based Komatsu that will initially focus on zero emissions technologies, including hydrogen fuel cell solutions for large mining haul truck applications.
“Komatsu’s deep expertise in mining and equipment design ... Read More
July 28, 2022katia
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Jul2022
Plan Calls for 30 New, Full-Time Positions by the End of 2025
JEFFERSONVILLE, IND. (July 27, 2022) – Today, officials from One Southern Indiana (1si), the chamber of commerce and economic development organization for Clark and Floyd counties, Ind., announced Amatrol, Inc.’s interest in expanding operations at an adjacent location in the ... Read More
July 28, 2022katia
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Jul2022
On June 30, the South Central Indiana Talent Region had the honor of hosting Governor Holcomb and Secretary of Commerce Bradley Chambers, as well as representatives from Accelerate Rural Indiana, East Central IN Regional Partnership, and North Central Region.
Columbus Major Jim Lienhoop stated that “what attracts people [to regions] are ... Read More
July 11, 2022katia
11
Jul2022
South Central Indiana Economic Development (SCIED) representatives recently participated in the 2022 SelectUSA Investment Summit held in Washington, D.C., June 26-28.
Hosted by U.S. Secretary of Commerce Gina M. Raimondo, the SelectUSA Investment Summit is the highest-profile event in the United States dedicated to promoting foreign direct investment (FDI) into the ... Read More
July 11, 2022katia