Thursday, October 27, 2011
Litebox Deal Just Doesn't Sound Right
Just a day after trumpeting the new jobs Litebox, Inc. was bringing into Indianapolis, the Indianapolis Star finally covered a few of the behind-the-scenes questions the IBJ and I immediately thought of in after reading about a "California start-up" wanting to bring its HQ to town.
Listen, nothing against Litebox. It sounds like a great company idea, and I really appreciate owner Bob Yanagihara wanting to come to town, but it's clear from the Star's write-up that DevelopIndy (and, by extension, the Ballard Administration) didn't do its due diligence before scheduling the press conference announcing the company's arrival.
The Star article can be read here.
The story is comical in parts. This company that was supposed to be providing all these new jobs in town has, it appears, uncertain financial backing. When pushed by the media, a city employee jumped in and tried to play himself off as an employee of Yangihara's, according to the Star.
What an embarrassment for the Governor to be standing there thinking he's welcoming a major new employer to town when so many of the details clearly were not ferreted out ahead of time by DevelopIndy. The land hasn't even been sold to the company yet.
Here is the IBJ's take.
Something tells me this one was rushed out by Mayor Ballard's Office (or campaign) so that it could be a factor in the November 8 election.