Tag Archive for richmond

Notes: Colts Choose Luck No. 1 Overall

And so begins the Andrew Luck era in Indianapolis. The succession process seemingly was cemented March 7 when the Colts declined to pick up the $28 million option bonus of quarterback Peyton Manning. That made the NFL’s only four-time MVP,…

Notes: Auto Supplier Adding Shift

A Hammond-based auto supplier is adding a third shift and 35 to 40 jobs to meet growing demand. New hires will be brought into CSG at the lower wage of a two-tier wage scale, which is about $8.50 an hour,…

Wayne County Helps Two Companies Expand

The Economic Development Corporation (EDC) of Wayne County is providing grants to two local companies that will create jobs and enhance their competitiveness. The EDC is providing an Economic Development Income Tax (EDIT) grant of $27,000 to Transilwrap Company, Incorporated…

Richmond Continues Development of Industrial Park

Local officials broke ground yesterday on Phase II of the Midwest Industrial Park in Richmond, Indiana. The infrastructure improvements will lead to the opening of 166 acres of new industrial land adjacent to Interstate 70 and a Norfolk Southern Rail…

Notes: Indiana Unemployment Rate Falls

Indiana’s unemployment rate has fallen to 8.7 percent. The department announced Tuesday that Indiana’s seasonally adjusted unemployment rate dipped to 8.7 percent in January, down from a revised December rate of 8.9 percent. The state also reported 13,000 jobs were…

Notes: Richmond Approves Dairy Abatement

Richmond has granted its first tax abatement under a new structure that provides for up to 100% abatements for companies creating jobs. The Richmond Common Council on Tuesday night approved the first tax abatement under the new structure that would…