The Hoosier state appears to be bucking the trend of people fleeing the Midwest, according to the do-it-yourself mover U-Haul.
The company plans to invest more than $62 million to equip the shell building at Franklin Tech Park and create 440 jobs.
The development will include modern industrial buildings designed for logistics, advanced manufacturing and related uses.
Plans include constructing a 100,000-square-foot office building at Interstate 65 and County Line Road in Greenwood.
The $4.2 million project includes a 54,000-square-foot addition to the existing facility, new equipment and 40 new employees within the next two years.
California Custom Fruits and Flavors provides custom fruit and flavor ingredients to the dairy, bakery, beverage and food service industries.
The new $80 million packaging and distribution facility that is expected to create 1,250 full-time jobs.
The company produces specialty coffee products, which are distributed to convenience stores and retailers.
The company, which develops pharmaceutical and diagnostic biological reagents, is investing $1.5 million to expand and renovate its nearly 3,000-square foot facility in Franklin.
Rapid Prototype primarily produces racing components for their largest customer - Indy Car Penske.