Tag: business growth

The Power of the Food & Beverage Tax

With three exits along I-70, Henry County receives an additional 1 percent tax on purchases made in restaurants at each of its exits. This extra 1 percent also applies to restaurants elsewhere in the county, as enjoyed by residents. […]

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Spec Building

This Spec Building is available in New Castle, Indiana. Check out a video tour of the project and surrounding land. The building is 50,000 sq. ft. and expandable to 200,000 sq. ft. Easy access to I-70. […]

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Launch Night Leads To Community Coffee Spot

Last March, Ben Hamm stood before the crowd and judges at the Business Builder Launch Night and presented the dream he and his wife Emily had: a coffeehouse in downtown New Castle. The Hamms won the competition and used the funds to purchase a point-of-sale system. This system is a […]

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Henry County a designated broadband ready community

Lt. Gov. Suzanne Crouch commends local efforts Henry County is officially a designated Broadband Ready Community. Indiana Lt. Gov. Suzanne Crouch made the formal announcement Wednesday afternoon during a visit to the Henry County Courthouse. Broadband is also known as high-speed internet. Crouch called it the next great economic frontier […]

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A closer look at regional wage study

Childcare costs are a concern for most employers. Earlier this month, county officials got a look at a wage and benefit survey for Henry and seven other counties. The New Castle Henry County Economic Development Corporation (EDC) partnered with other counties in the East Central Indiana region to conduct a […]

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Pull up a seat & have a cold one

Maybe it’s a craft beer aficionado looking for the next great local taste, a novice to beverages who wants to try something new, or a family looking for a fun downtown experience where they can connect with others. Whoever sits down, Mike and Teresa Schembre hope area patrons will be […]

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EDC Shares Findings From Entrepreneurship Study

Larger employers usually take the headlines when it comes to economic development. The New Castle-Henry County Economic Development Corporation (EDC) serves large employers and is also focusing on entrepreneurship as an economic growth strategy. […]

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EDC Offers Training Grants

The EDC, in partnership with the Henry County Redevelopment Commission, has launched a pilot matching grant program for incumbent employee training. Employers are encouraged to request up to $7,500 in a matching grant for incumbent employee training. Employers must match the training grant dollar for dollar from company funds. For […]

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Murphy Graduates from the Advanced Economic Development Leadership (AEDL) Program

Corey Murphy, President of the New Castle Henry County Economic Development Corporation, recently completed the two-week Advanced Economic Development Leadership executive education program and was awarded the Master Economic Development Practitioner (MEDP) certificate. Murphy has been in economic development for 17 years. “This was a phenonomenal experience focused on the […]

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Knightstown Masonic building finds new life

The red brick structure at the northwest corner of Main and Jefferson began in 1900 as Golden Rule Lodge No. 16, replacing the previous Masonic Lodge which was destroyed by fire the year before. Today, 122 years later, entrepreneur Jonathan Jones is rapidly transforming the 3-story Knightstown landmark into the […]

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