IMPA Announces Economic Development Incentive

(CARMEL, IN) – The Indiana Municipal Power Agency (IMPA) is pleased to announce a new Economic Development Incentive for existing and prospective customers. Provided that the customer meets a certain criteria, the program can save companies a percentage off of their electric bill for a 5 year period.

“IMPA is continually looking for opportunities to assist our Members, with their economic development efforts,” said Raj Rao, IMPA’s President and CEO. “Electric costs can be a determining factor for companies while they’re selecting where to improve existing facilities and where to establish new operations. With our competitive rates, hopefully, this new incentive will give our member communities an advantage when marketing their communities
for prospective economic development projects.”

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Hancock County Proclamation Economic Development Week

May 8 – 13, 2017 National Economic Development Week

Hancock County Commissioners, Recognized 2017 as the 91st anniversary of the International Economic Development Council and as “The Year of the Economic Developer.”

The President of the Commissioners of Hancock County, Brad Armstrong, presented to the Hancock Economic Development Council a copy of the proclamation on May 2, 2017.

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First Quarter 2017 Update from HEDC

It was a busy first quarter for HEDC and a productive one for Hancock County.

“The year has started off with a large number of “requests for information,” according to HEDC director Nolan “Skip” Kuker. “We are working 13 very active projects, one of which is very close to being finished. Hancock County continues to be the focus of interest for development and recent Census data shows Hancock County as the 3rd fastest growing county in the State of Indiana, with no signs of slowing.”

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HEDC “On the Road”

HEDC “On the Road” at Greenfield-Central Educational Services Center

HEDC held its March meeting ‘on the road’ at the Greenfield-Central Educational Services Center. Dr. Harold Olin welcomed our board to this new facility for Greenfield-Central School Corporation, which houses The Academy at Greenfield Central and the Cougar Cubs Preschool.

We asked Dr. Olin about the history behind the project, as well as as the connection between economic development and our community’s education system.

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Annual Meeting Focuses On Future

31st Annual Meeting

Hancock County Economic Development Council held its 31st annual meeting on Wednesday, January 18, 2017.

More than 100 people were in attendance for the HEDC annual meeting, including board members, elected officials, developers, business leaders, utility representatives, and more.

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Barr South designated Site Certified Silver

GREENFIELD, IND. — Local officials gathered Tuesday to celebrate the designation of Greenfield’s Barr South as an Indiana Site Certified (ISC) Silver tier status.

It’s one of two Greenfield sites owned by the Barr family receiving the certification. Barr North received certification in July.

“The City of Greenfield is fortunate to have great citizen land owners who see great value in doing the things necessary to prepare sites for development,” said Greenfield Mayor Chuck Fewell. “The Barr family is an asset and we certainly appreciate their contributions to our economic development efforts.”

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Construction under way on Celadon’s new $24M headquarters

Indianapolis-based trucking company Celadon Group Inc. is starting to move dirt as it prepares to build a $24 million corporate campus in the Mount Comfort area.

Publicly traded Celadon has had its headquarters at East 33rd Street and Mitthoeffer Road in Indianapolis since 1996. In March, IBJ reported the company was looking elsewhere because the 40-acre site on the east side had no room for expansion and was landlocked. Mout Comfort was the leading contender at the time.

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Sharing Successes & Saying Thank You!

In the fall of 2016, the HEDC Celebrated the Successes of Hancock County. Eight businesses were recognized at our Celebration event, to say Thank You for choosing Hancock County! Plus, two new Indiana State Certified Sites were announced for Barr North and Barr South—which bring the total of certified sites in Hancock County to six.

This marks the 4th Annual Celebration we have come together as a community with business leaders, local elected officials, and other invited guests to say thank you.  In 2016 over $139 million in proposed investment and 876 proposed jobs are represented in the eight businesses: Brybelly; Celadon; County Materials; Foamcraft; Indiana Auto Fasteners; Landsberg; Photon; and Tsuda – bringing the four-year totals to over $519 million in proposed investment and over 2,800 proposed jobs!

Aqua Indiana, HEDC board of director member, sponsored the event held at the Tour of Italy restaurant in downtown Greenfield on September 22, 2016. And, NineStar Connect, also an HEDC board of director member, generously provided videographers to highlight the event.

(See videos following)

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