Economic Week in Review: More Strong Economic News for Indiana

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Celebrating Indiana’s Economic ‘Backbone’

Inside Indiana Business

INDIANAPOLIS -Lieutenant Governor Eric Holcomb says the state is taking an “all hands on deck” approach to raising awareness of the impact of small businesses on the Hoosier economy during this year’s edition of Entrepreneurship Week.

Manufacturing Industry Touts $100B Impact

Inside Indiana Business

INDIANAPOLIS -The Indiana Manufacturers Association is celebrating new data released by the U.S. Department of Commerce which shows the strength of the state’s manufacturing sector. The data shows the industry contributed $100 billion to Indiana’s GDP last year, a more than $6 billion increase over 2014.

Japan’s Largest Steel Producer Adding Operations in Shelby County

Japanese Steel Producer Coming to Shelbyville

Inside Indiana Business

SHELBYVILLE -The largest steel producer in Japan will is locating an operation in Shelbyville. Tokyo-based Nippon Steel & Sumitomo Metal Corp. will invest $50 million to build a 150,000 square-foot facility, a move that is expected to create up to 70 jobs by 2021.

Japan’s largest steel manufacturer to expand in Shelbyville, create 70 new jobs

FOX 59

SHELBYVILLE, Ind. — Gov. Mike Pence joined officials from Shelbyville for a major jobs announcement Tuesday. They revealed plans for Nippon Steel & Sumitomo Metal Corporation (NSSMC) to establish operations in Shelbyville, creating up to 70 new jobs by 2021. The company is Japan’s largest steel producer.

Japan’s largest steel producer to build plant in Shelbyville

IndyStar

Japan’s largest steel producer is planning to spend $50 million and hire up to 70 people for a new plant in Shelbyville.

Japan’s Largest Steel Company To Open Shelbyville Plant

Indiana Public Media

Japan’s largest steel company will spend $50 million on a new plant in Shelbyville. It is set to open next year, the latest in a long line of Japanese investments in Indiana manufacturing.

Japanese manufacturer plans $50M plant, 70 jobs in Indiana

IBJ

Japan’s largest steel producer announced plans Tuesday to open a subsidiary in Shelbyville that will build a $50 million manufacturing facility employing up to 70 workers by the end of 2021.

City welcomes Japanese manufacturer bringing 70 new jobs

The Shelby News

Nippon Steel & Sumitomo Metal Corp. announced Tuesday the company will build a 100,000-square-foot manufacturing facility at 400 Northbrook Drive, just off West Michigan Road.

Japanese steel producer to open Shelbyville facility, create new jobs

The Statehouse File

INDIANAPOLIS — Japan’s largest steel producer will establish operations in Shelbyville with plans to create 70 new jobs by 2021. “Indiana is home to the largest Japanese investment per capita in the nation,” Gov. Mike Pence said in a statement, “and today I’m proud to welcome yet another Japan-based firm to the Hoosier state.”

Japan’s largest steel producer adding operations in Shelby County

Rushville Republican

SHELBYVILLE – Governor Mike Pence and Shelbyville Mayor Tom DeBaun joined executives from Nippon Steel & Sumitomo Metal Corporation (NSSMC), Japan’s largest steel producer, today as the company announced plans to establish operations in Shelbyville, creating up to 70 new jobs by 2021.

Marketing Tech Platform Commits to Indianapolis for Growth

NEW: Score Another For Indy Tech Sector

Inside Indiana Business

INDIANAPOLIS -The central Indiana technology sector is continuing its hot streak. Sigstr Inc. plans to add up to 111 jobs in downtown Indianapolis over the next four years. The email signature marketing platform says a $1.4 million investment will double its downtown footprint. Sigstr was the first company to launch from the Scott Dorsey-led High Alpha venture studio, which also includes another tech startup in expansion mode, Clear Scholar.

Startup tech firm Sigstr plans $1.4M expansion, 111 new jobs

IBJ
Startup tech firm Sigster plans to invest $1.4 million to double its footprint in the Circle Tower Building in downtown Indianapolis and add 111 new jobs by 2020.

Sigstr Doubling Down on Indiana

Inside Indiana Business

INDIANAPOLIS -The chief executive officer of Indianapolis-based Sigstr Inc. says he wouldn’t want to grow the company anywhere else. The email signature platform announced plans this morning to invest $1.4 million into a downtown expansion, which includes more than 100 jobs.

And because #RoadsMeanJobs….

Gov. Pence Joins INDOT, Officials To Kick Off Construction On $92 Million In I-69 Improvements

WBIW

(INDIANAPOLIS) – Governor Mike Pence Wednesday joined Senator Jim Merritt and local leaders from Fishers, Noblesville and Pendleton to officially kick off construction on a $92 million project to modernize Interstate 69 in Hamilton and Madison counties.

Lanes to be added to I-69 in Hamilton County

IndyStar

The $92 million project will stretch 15 miles from Ind. 37, exit 205 in Fishers, to Ind. 38, exit 219, which leads to Pendleton. A lane in each direction will be added, starting on the south end and moving north in construction phases, said Indiana Department of Transportation spokesman Nathan Riggs.

Gov. Pence Kicks Off $92 Million I-69 Project

Indiana Public Media

Governor Mike Pence kicked off a $92 million project Wednesday to widen and improve a 15 mile section of Interstate 69. Pence says a focus on infrastructure means safer driving and more jobs.

Governor Pence breaks ground on I-69 improvements

WISH-TV

HAMILTON COUNTY, Ind. (WISH) – Road improvements are coming to Hamilton County. The governor kicked off a project Wednesday that is designed to reduce traffic problems on I-69.

Gov. Pence, INDOT kick off ‘Major Moves’ work on I-69

CBS 4

FISHERS, Ind. — Governor Mike Pence today joined Senator Jim Merritt and local leaders from Fishers, Noblesville and Pendleton to officially kick off a new construction project.