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Plymouth’s Indiana Tool forms Indiana Innovation Center, will seek annexation and rezoning to seed nearby innovation district

Indiana Tool & Manufacturing Co. announced it has formed the Indiana Innovation Center to connect Plymouth and Marshall County with Notre Dame, Colfax Corner, regional manufacturers, entrepreneurs and emerging tech firms. The company said it will seek annexation into the City of Plymouth and rezoning as initial steps toward an adjacent innovation district.

BUSINESSINDY BRIEFBy BusinessIndy Editorial StaffCommentsPublished October 12, 2026 at 3:03 AM EDT

AI-generated illustration of the topic: Plymouth’s Indiana Tool forms Indiana Innovation Center, will seek annexation and rezoning to seed nearby innovation district — AI illustration · Not a photograph of the reported event.

Indiana Tool & Manufacturing Co. said it has formed the Indiana Innovation Center to connect Plymouth and Marshall County with the University of Notre Dame, Colfax Corner, regional manufacturers, entrepreneurs and emerging technology companies.

The company told Giant FM it plans to seek annexation of its property into the City of Plymouth and rezoning as initial steps to support existing operations, enable future growth and lay the groundwork for an adjacent innovation district focused on advanced manufacturing, emerging technologies, communications, cybersecurity and commercialization. Indiana Tool said those steps would support work toward a potential state district designation and grant funding.

WHY IT MATTERS

Indiana Tool’s announcement describes a private-led effort to create a local platform that connects a hometown manufacturer with universities, regional firms and entrepreneurs. The firm says the new Indiana Innovation Center would serve as a hub for advanced manufacturing and technology-focused activity and that an adjacent innovation district would target areas such as cybersecurity, advanced communications and commercialization.

Annexation and rezoning are presented in the announcement as initial, local-government-facing steps. Indiana Tool told Giant FM it intends those changes to help the company expand and to position the site for a possible state district designation and related grants or resources the city and district might pursue. Those are the company’s stated objectives; the article does not report any completed municipal approvals, filings or grant awards.

What to watch next: formal annexation and rezoning requests to the City of Plymouth and any public steps toward a state district designation or grant applications tied to the innovation district plan.

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Giant FM — Marshall County — local news: Indiana Tool & Manufacturing Co. unveils vision for Indiana Innovation Center and District in Plymouth ↗

Primary reporting or source material published October 12, 2026 at 3:00 AM EDT. Prepared with AI assistance from the linked research; material claims remain attributed in the article.

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