Indiana Tech first to sign Letter of Intent at Electric Works

Indiana Tech’s letter of intent to lease 10,000 square feet in building 19 on the former General Electric campus is a milestone for Electric Works.

Source: WPTA-21

State approves $50 million tax credit for Fort Wayne’s GE project

Based on an expected initial investment of more than $213 million for phase one of the project, which is expected to begin next year, the IEDC board approved an Industrial Recovery Tax Credit (DINO) of up to the lesser of $50 million or 25 percent of the total qualified investment.

Source: Fort Wayne News-Sentinel