June 2025
Indianapolis, IN is experiencing strong economic momentum, fueled by major corporate investments, robust job creation, expanding manufacturing and tech sectors, and heightened national visibility driven by high-profile events like the NBA Finals.
Caterpillar Plans $60M Lebanon Expansion, to Add Nearly 700 Jobs
Caterpillar will invest $60 million to expand its Lebanon facility, creating approximately 700 manufacturing and engineering jobs and reinforcing the greater Indianapolis region’s role in advanced industrial growth.
Kimball Electronics to Open New Manufacturing Plant, Adding 345 Jobs
Kimball Electronics is launching a new Post Road production facility in Indianapolis, expected to create approximately 345 jobs, enhancing the city’s footprint in the medical device and electronics manufacturing sectors.
Roche Commits $550M to Expand Diagnostics Manufacturing Hub in Indianapolis
Roche Diagnostics is investing up to $550 million by 2030 to transform its Indianapolis campus into a major manufacturing center for continuous glucose monitoring systems, adding hundreds of high-skilled jobs and reinforcing the region’s status in advanced life sciences.
Herff Jones Announces $8M Expansion with New Distribution Facility
Educational products provider Herff Jones plans an $8 million expansion in Indianapolis through a new distribution center, boosting regional logistics capabilities and supporting manufacturing growth.
NBA Finals Drive Major Economic Upside for Indianapolis
Indianapolis is seeing its hospitality, retail, and downtown economy surge with an estimated $20–30 million in visitor spending tied to the Pacers’ Finals run, along with heightened national exposure and boosted convention and tourism prospects.
Indianapolis Sees Growth in Tech, Health, and Sports Sectors
The Indianapolis area is experiencing a surge in construction spending–projected to grow 17% in 2025–driven by significant developments in technology, healthcare, and sports infrastructure.
