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CLEVELAND (Aug. 31, 2020) – Fast-growing online auto retailer Carvana is preparing to add to its operations by building a 200,000-square-foot facility in Lorain County. The company expects to invest $23 million and hire 400 new employees, representing an estimated $13 million payroll. “Carvana has been growing extremely rapidly over the last several years, and […]
INDIANAPOLIS (July 24, 2020) – Prolific, a growth strategy and growth capital firm, announced plans today to expand in central Indiana, creating up to 145 new, high-wage jobs by the end of 2024 to support the company’s growing national and international client base. “It’s such an encouragement to see companies like Prolific continuing to grow in […]
Federal funding of $50 million, allocated through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enables the expansion of Indiana’s Next Level Jobs program through the state’s “Rapid Recovery for a Better Future” initiative. Of the total funding, $37 million will be used to expand two grant programs – the Employer Training Grant (ETG) […]
Applications for the Manufacturing Readiness Grant program are now open to Indiana manufacturers across the state. The Manufacturing Readiness Grants, administered by the IEDC in partnership with Conexus Indiana, are a part of the $10 million Economic Activity Stabilization and Enhancement (EASE) program designed to stimulate manufacturing investments that will position Hoosier operations and the […]
COLUMBUS, Ohio (June 24, 2020) – Carvana, a leading e-commerce platform for buying and selling used cars, has announced plans to open a new inspection center in Heath, Ohio, with upcoming hiring events for up to 100 new employees. The hiring events will be held daily, July 7-9, with the goal to hire entry level […]
FISHERS, Ind. (May 6, 2020) – The Indiana Economic Development Corp. is offering Fishers-based Qumulex $935,000 based on its plans to invest $1.4 million in its video surveillance and access control company and create 55 jobs by 2026. Fishers-based Qumulex is a cloud-based, Internet of Things technology and software company formed in 2018 to help […]
In a continued effort to respond to the economic difficulties brought on by COVID-19, Indiana Gov. Eric Holcomb signed Executive Order 20-23. The order automatically extends business personal property tax return and related compliance filings until June 15, 2020. This extended deadline applies to: Business personal property tax returns Certain compliance statements Certain property tax incentive […]
With property tax deadlines looming, Indiana property owners are looking for relief in the midst of the COVID-19 crisis. From payment extensions to potential assessment adjustments, there are options that could alleviate immediate financial obligations. Real property taxes payable in 2020 In Executive Order 20-05, Indiana Gov. Eric Holcomb officially extended the 2020 spring installment tax […]
The federal government is making a lot of COVID-19 relief programs available. Where do I start, and how quickly do I need to act? It is a bit overwhelming, and new information is coming out every day. Take a deep breath, because KSM Location Advisors, with the help of Katz, Sapper & Miller, is working […]
On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. While the sweeping legislation introduces a multitude of significant measures, the Paycheck Protection Program is a lifeline for small businesses, injecting capital when they need it most. However, the hallmark of the program is that the loans can […]