Economic Week in Review: More Strong Economic News for Indiana

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Governor Pence Touts State’s International Economy, Tech Sector at Business Summit

Pence Welcomes Israeli Leaders at Business Exchange

Inside Indiana Business

INDIANAPOLIS – Governor Mike Pence hosted the second-annual Indiana-Israel Business Exchange Monday, which was the first stop of an Israeli economic mission to the United States. Pence’s office says conference focused on strengthening global cybersecurity, as well as economic ties and collaboration between the two.

Indiana, Israel exchange economic, cybersecurity ideas at business summit 

The Statehouse File

INDIANAPOLIS — For the second year, Gov. Mike Pence joined business and government leaders Monday at the Indiana-Israel Business Exchange in an effort to strengthen economic ties and collaboration between the two states.

Delaware-Based Sallie Mae Chooses Indiana for Growth and Nearly 300 Hoosier Jobs

Sallie Mae brings nearly 300 jobs to Indiana

The Indy Channel

INDIANAPOLIS — Nearly 300 new jobs are coming to Indiana. Sallie Mae, which helps students and their families save, plan and pay for college, announced Thursday that it’s investing $15.7 million to expand its operations in Indianapolis.

Sallie Mae to add up to 278 new jobs in Indianapolis

IndyStar

If you’ve ever called Sallie Mae’s customer service department, an automated system probably directed you to someone in the Philippines. In the near future, that call likely will direct you to an employee in Indianapolis.

Sallie Mae lands $2.4M in tax incentives for local expansion

Indianapolis Business Journal

Student loan company Sallie Mae stands to receive almost $2.4 million in state tax breaks for expanding its Indianapolis operations, officials announced Thursday at the ribbon-cutting for the firm’s new local office.

Sallie Mae bringing hundreds of jobs to Indianapolis

WISH

INDIANAPOLIS (WISH) – Sallie Mae will employ up to 300 people over the next few years. The company made the announcement as part of their economic development plan.

Sally Mae Grows Indiana Presence

Inside Indiana Business

INDIANAPOLIS -Delaware-based Sallie Mae (Nasdaq: SLM) has detailed its $15.7 million expansion plans for Indianapolis. The college financing company says it will add nearly 280 jobs over the next 18 months. Sallie Mae recently moved from a nearby office to three floors of a Woodfield Crossing location on the city’s northeast side. The Indiana Economic Development Corp. says the average salaries of the new positions will be 25 percent higher than the state average.

Sallie Mae Will Bring Nearly 300 Jobs To Indiana

44 News

State and local officials joined executives from Sallie Mae to announce its expansion in Indianapolis. The more than $15.7 million expansion will create 278 new jobs within the next two years.

Sallie Mae announces expansion that will bring 278 jobs to Indianapolis

Fox 59 

INDIANAPOLIS, Ind. – State and local officials joined executives from Sallie Mae to announce a $15.7 million expansion that will bring 278 new jobs to Indianapolis over the next two years.

Indiana, Kentucky Governors Launch I-69 Ohio River Crossing Project

Pence, Bevin sign agreement for I-69 bridge

IndyStar

It’s still years away from spanning the Ohio River, but an agreement signed by Indiana Gov. Mike Pence and Kentucky Gov. Matt Bevin Thursday is the first step in rebooting plans for an Interstate 69 bridge from Evansville to Henderson.

Collaboration and Commitment: I-69 Bridge Project Receives Big Boost

Tristate Homepage

In the shadows of the Twin Bridges on Thursday afternoon, Indiana Governor Mike Pence and Kentucky Governor Matt Bevin signed an agreement pledging $17 million to launch the I-69 Ohio River Crossing project. Viewed as a critical, missing piece to the entire I-69 corridor, the proposed bridge would connect already completed sections of the interstate in Southern Indiana and Western Kentucky.

Indiana, Kentucky Plan New I-69 Bridge

Inside Indiana Business

HENDERSON, Ken. -Indiana Governor Mike Pence and Kentucky Governor Matt Bevin have signed an agreement to move forward with plans to extend Interstate 69 beyond the state border. The Ohio River Crossing announcement is decades in the making and adds to the ongoing, long-term work to expand I-69. Pence says a Request for Proposals will be issued for the environmental and design stages of the work “within a matter of months.”

Governors agree to launch Interstate 69 bridge project  

WLFI

HENDERSON, Ky. (AP) — The governors of Kentucky and Indiana signed an agreement on Thursday to begin preliminary work to build an Ohio River bridge along Interstate 69, expanding their states’ infrastructure partnership.

Bevin, Pence agree to launch bridge project

Courier Journal

HENDERSON, Ky. — The governors of Kentucky and Indiana signed an agreement on Thursday to begin preliminary work to build an Ohio River bridge along Interstate 69, expanding their states’ infrastructure partnership.

Indiana, Kentucky Plan New I-69 Bridge

Inside Indiana Business

HENDERSON, Ken. -Indiana Governor Mike Pence and Kentucky Governor Matt Bevin have signed an agreement to move forward with plans to extend Interstate 69 beyond the state border. The Ohio River Crossing announcement is decades in the making and adds to the ongoing, long-term work to expand I-69. Pence says a Request for Proposals will be issued for the environmental and design stages of the work “within a matter of months.”

Mexico-Based Firm Breaks Ground on First US Logistics Hub in Fort Wayne

Intermodal transfer facility breaks ground

FW Journal Gazette

Transpoint Intermodal broke ground Tuesday on a $13.5 million cargo transfer facility on Fort Wayne’s southeast side, where the company plans to create up to 64 jobs.

Transpoint Intermodal LLC breaks ground on $13.5M Fort Wayne facility 

NBC33

FORT WAYNE, Ind. (21Alive) — A Mexico-based logistics company broke ground on its $13.5 million cargo transfer facility on Fort Wayne’s southeast side.

Illinois-Based Manufacturer Expanding in Lake County

Illinois Company Expanding in Hobart

Inside Indiana Business

HOBART -Illinois-based NB Coatings North America has broken ground on its new facility in Hobart. The company, a subsidiary of Japan-based Nippon Paint, is investing $4.7 million in its expansion into the nearly 125,000 square-foot facility, which will create up to 22 jobs by 2018.

Japan-based manufacturer breaks ground on new facility in northwest Indiana 

The Statehouse File

INDIANAPOLIS — A Japan-owned manufacturer of automotive coatings for plastics, NB Coatings, broke ground on its new facility in northwest Indiana.