USA - Great Lakes | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

The pharmaceutical company will establish its first U.S. manufacturing facility in Indianapolis and plans to create more than 100 new, high-wage jobs by the end of 2024.


https://businessfacilities.com/2020/05/point-biopharma-investing-25m-in-first-u-s-manufacturing-facility/
The pharmaceutical company will establish its first U.S. manufacturing facility in Indianapolis and plans to create more than 100 new, high-wage jobs by the end of 2024.

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USA – Great Lakes

Latest: POINT Biopharma Investing $25M In First U.S. Manufacturing Facility - The pharmaceutical company will establish its first U.S. manufacturing facility in Indianapolis and plans to create more than 100 new, high-wage jobs by the end of 2024.

POINT Biopharma Investing $25M In First U.S. Manufacturing Facility

The pharmaceutical company will establish its first U.S. manufacturing facility in Indianapolis and plans to create more than 100 new, high-wage jobs by the end of 2024.

Indiana Serves 10,000 Small Businesses Through PPE Marketplace

Since launching in early May, the Indiana Small Business PPE Marketplace has received nearly 20,000 orders for personal protective equipment (PPE) and has fulfilled 10,000 orders.

Hamilton County, IN Creates Workforce Recovery Task Force

The Task Force is an effort to jumpstart a recovery plan for local businesses and is being spearheaded by the Hamilton County Economic Development Corporation (HCEDC).

Italian Stainless Steel Company Picks Indiana For North American HQ

INOX Market Service will invest $15 million to establish its North American headquarters in Delaware County, IN, creating up to 101 jobs by the end of 2024.

Automotive Supplier Creating 75 New Jobs In Ohio

Marelli is building a new manufacturing plant in Bowling Green, OH, with construction expected to be complete in early 2021.

State Associations Release Roadmap To COVID-19 Recovery

A bipartisan response to COVID-19, the roadmap outlines 10 key steps for governors to protect the public’s health while preparing to reopen the economy.

Food Processing: The Good And The Bad Of It

Two current upward trends show us how consumers are responding to both the power of plants and the power of panic with the demand for food.

Indiana Businesses Working To Support COVID-19 Response

The state has secured 2.6M PPE items to be made by Indiana manufacturers, donated by businesses for front-line medical workers. 

Hoosier Energy: Power To The People

Since 1989, partnerships with local communities and Hoosier Energy’s 18 member systems have resulted in more than $11.5 billion in new investments creating 50,000 new jobs.

Consumers Energy CEO Helps Small Business Cope With COVID-19

Consumers Energy President and CEO Patti Poppe and her husband are donating $1 million to help small businesses in her company’s hometown of Jackson, MI.

Dollar General To Invest $35M, Hire 50,000 Employees

The national retailer is increasing its hiring efforts to support community and customer needs during the COVID-19 pandemic.

How Is Your Organization Helping During The COVID-19 Crisis?

If your organization is going above and beyond to help its employees and/or the community at large during the COVID-19 crisis, let us know.

Governors Request $150B In Federal Aid To Combat COVID-19

In response to COVID-19, governors are requesting $150 billion in immediate direct aid to states, and an increase in the federal share of Medicaid funding for states.

Michigan Teams Up To Help Small Businesses Impacted By COVID-19

Entrepreneurial support organizations and the Michigan Economic Development Corporation have joined forces to help small businesses overcome loss from the COVID-19 virus.

PwC Survey Reveals Expected Business, Economic Impact Of COVID-19

The first in a bi-monthly series shows how CFOs and finance leaders plan to react to COVID-19, and what impacts they expect to see.

The Aerospace Industry: Cruising To A Higher Altitude

Production-related issues and order cancellations slowed the commercial aerospace sector last year, but long-term demand for passenger jets remains robust.

Subaru Investing $158M In Indiana Expansion

The automotive company plans to create up to 350 new jobs at its Lafayette, IN manufacturing operations by the end of 2023.

20 Communities To Address Climate Change, Resilience, Social Equity

The U.S. Green Building Council is expanding its LEED for Cities and Communities program with a new $500,000 grant from Bank of America.

Data Center Industry Locations: Data-Driven Growth

As the demand for data continues to expand exponentially, new data centers are being built on sites closer to consumers (also known as “edge” locations) and modular, pre-fab units are speeding construction.

Sherwin-Williams Investing At Least $600M In Ohio

The company will build a new a new global headquarters in downtown Cleveland and a new R&D center in Brecksville, creating an estimated 400 news jobs.

Panacea Medical Technologies Opening First U.S. Facility In Indiana

The India-based medical device manufacturer will create up tp 65 jobs in Noblesville, IN by the end of 2023.

Top Utilities: Power To The People

New electric generating capacity in 2020 will come primarily from wind and solar, with renewables making up 76 percent of the 42 gigawatts that will be added.

January / February 2020 Issue (Volume 53, Number 1)

The January / February 2020 Issue features our State of the Year and Deal of the Year winners. Plus, a look at energy, aerospace, exports and data centers.

2019 Economic Development Deal Of The Year

We received nominations for projects in nearly two dozen states for our 2019 Deal of The Year awards. Our all-star panel of judges has spoken, so it’s time to reveal their picks for our top three prizes (and nine honorable mentions).

Contour To Add Airline Base At Indianapolis International Airport

The Tennessee-based regional airline's new nonstop routes will create up to 55 new jobs in central Indiana by the end of 2023.

U.Group To Create Up To 100 Jobs In Central Indiana

The digital consulting company has selected Indiana for its first Midwest operation, and will create the new, highly-skilled jobs by the end of this year. 

Milwaukee Tool Expanding In Wisconsin

The company will invest nearly $26 million to build manufacturing plant in West Bend, WI.

Michigan Strategic Fund Projects Will Create More Than 740 Jobs

Business expansions, community revitalization projects will spur economic growth and extend Michigan’s leadership in automotive manufacturing and future mobility solutions.

Colorado, Illinois, New York Lead Nation In LEED Green Building

Massachusetts and Hawaii round out Top 5 on USGBC's Top 10 States for LEED, which recognizes current leaders committed to sustainable buildings, cities, and communities.

Toyota Announces Additional $700M Investment In Indiana

Toyota Motor Manufacturing Indiana will complete the modernization project at its Princeton operations, and add 150 more new jobs.

Saddle Creek Logistics Services Expanding In Indiana

The company's new, 250,000-square-foot distribution center in Jeffersonville, IN will support growth in the beverage industry.

Fiat Chrysler To Invest $400M In Indiana Transmission Plant II

The global auto manufacturer will expand and retool its Kokomo, IN manufacturing operations for production of a new engine.

Michigan’s Fiat Chrysler Expansion Is BF’s Deal Of The Year

Michigan Economic Development Corp. has been awarded BF’s 2019 Deal of the Year Gold Award for Fiat Chrysler Automobiles' (FCA) expansion

Minimum Wage Will Increase In Majority Of U.S. States In 2020

California, New York City, and the District of Columbia will experience the biggest impact of minimum wage increases next year.

Nice-Pak Products Adding 90 Jobs In Indiana

The New York-based wet wipes manufacturer will expand its operations in Mooresville, IN with help from up to $900,000 in conditional tax credits from the state.

Data Center Company First To Qualify For New Illinois Tax Incentive

STACK INFRASTRUCTURE will be the first company to make use of Illinois’ new sales tax exemption on equipment purchases at its Chicago data center campus.

Survey Says U.S. Employees Are The Happiest Employees

A new global survey by Mindspace confirms that employees of large U.S. companies are happiest, but small to medium enterprises (SMEs) lag far behind.

Location Spotlight: Consumers Energy

If you’re expanding or relocating, consider Michigan and Consumers Energy – let’s work together to accelerate your business.

GM And Isuzu Will Create 100 Jobs At New Plant In Ohio

The new $175 million facility will be built in Brookville, OH to help meet demand for Chevrolet Silverado and GMC Sierra heavy-duty diesel pickups.

PerceptIn Relocating Global HQ To Indiana

PerceptIn will conduct R&D for its autonomous low-speed electric vehicles (LSEVs) and create up to 160 new, high-wage jobs at the Indiana IoT Lab – Fishers by 2022.

Business Facilities & COVID-19

Fairfax County, VA Launches Virtual Career Fairs

In response to the COVID-19 crisis, the FCEDA is presenting virtual career fairs to connect college grads with Northern Virginia companies seeking employees.

Indiana Serves 10,000 Small Businesses Through PPE Marketplace

Since launching in early May, the Indiana Small Business PPE Marketplace has received nearly 20,000 orders for personal protective equipment (PPE) and has fulfilled 10,000 orders.

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