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
Category: Expansion
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
30
Apr2020
JEFFERSONVILLE — Business at River Ridge Commerce Center continues amid the coronavirus pandemic, the River Ridge Development Authority board of directors approved a land sale for a new development.
The board of directors unanimously approved a resolution authorizing Jerry Acy, executive director of River Ridge Development Authority, to negotiate the sale ... Read More
April 30, 2020katia
30
Apr2020
Governor Eric J. Holcomb announced Indiana businesses across the state are answering the call to support the global novel coronavirus (COVID-19) response effort. The state’s manufacturers are leveraging their resources, supply chains, and Hoosier workers to produce personal protection equipment (PPE) for health care providers, while business and community leaders ... Read More
April 30, 2020katia
30
Mar2020
Two long-time decision-makers and founding members of the South Central Indiana Economic Development Group were invited to share an overview of the group’s history, purpose and activities with local business leaders and economic development investors during a One Southern Indiana (1si) event on March 10 in Jeffersonville, Ind.
Darrell Voelker, the ... Read More
March 30, 2020katia
30
Mar2020
The South Central Indiana Economic Development Group (SCIEDG) is comprised of the local economic development organizations (LEDOs) in a 10-county area and the River Ridge Commerce Center, with strong support and assistance from partners such as Duke Energy and Hoosier Energy. Members collaborate regularly with the Indiana Economic Development Corporation ... Read More
March 30, 2020katia
26
Feb2020
Reprinted from Louisville Business First
Jim Karp is one of the most active investors in the 6,000-acre River Ridge Commerce Center, which stretches from Jeffersonville to Charlestown in Southern Indiana.
He’s also become a bona fide ambassador of the massive business park, preaching the merits of River Ridge to anyone who will listen.
But Karp ... Read More
February 26, 2020katia
26
Feb2020
When Devin Hillsdon-Smith left his job in Indianapolis and headed down the interstate to the River Ridge Commerce Center last year, the avid backpacker realized he had chosen to take a less traditional path than most lawyers, but he knew the destination would be worth it.
He saw the vision for River ... Read More
February 26, 2020katia
26
Feb2020
A project that came up "very quickly" was met with decisive action by the North Vernon Redevelopment Commission (NVRC or TIF board) on Friday, February 14.
It was a sweet day for the Commission to hear that a 100 percent-owned local company was on the verge of a major breakthrough in ... Read More
February 26, 2020katia