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State's job-creation agency claims record year

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The Indiana Economic Development Corp. announced Friday that it secured job commitments from a record 219 companies in 2011, an increase from 200 companies in 2010.

The state agency said it received commitments for 19,080 jobs and $2.7 billion in capital investments over the next five years. If those jobs come to fruition, they will pay an average of $21.22 per hour, above the state average of $19.17, IEDC said.

"This year's results are a testament to the dedication and collaboration of people throughout the state," said Dan Hasler, secretary of commerce and CEO of the IEDC, in a prepared statement. "But there's more hard work ahead in 2012 as Indiana continues to make job-creating efforts our top priority."

Non-automotive manufacturing represented the largest sector for job commitments in 2011 with 5,223 new jobs projected. Automotive-related manufacturing was second with 4,650 job commitments, followed by the logistics sector (2,000), business services (1,729), information technology (1,261) and life sciences (838).

Business consolidations helped drive some job growth, with 34 companies in 2011 announcing plans planning to move all or some of their operations to Indiana. Those moves accounted for 3,325 job commitments and $165.6 million in promised capital investment.
 

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  • I will count on it
    I projected to my wife and family that in 2011 we would become rich. However, I wss projected to win the Lottery. I was only off 320mil. The were happy with my projections, not with my outcomes. Happy New Projections, just ask the people who are counted as new employees of VERA BRADLEY, or the vacant lots on WTHR. I all looks good as long as you do not ask questions. I feel better with Mitch in charge.

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  1. Great article and post scripts by Mike L (Great addition to IBJ BTW). Bobby's stubborn as a mule, and doubt if he ever comes back to IU. But the love he would receive would be enormous. Hope he shows some time, but not counting on it.

  2. When the Indiana GOP was going around the State selling the Voucher bill they were promising people that the vouchers would only be for public charter schools. They lied. As usual.

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  4. Jim, your "misleading" numbers comment is spot on. This is the spin these posers are putting on it. News flash, fans: these guys lie. They are not publicly traded so no one holds them accountable for anything they say. The TV numbers are so miniscule to begin with any "increase" produces double digit "growth" numbers. It's ridiculous to think that anything these guys have done has awakened the marketplace. What have they done? Consolidate the season so they run more races on consecutive weekends? And this creates "momentum." Is that the same momentum you enjoy when you don't race between August and March? Keep in mind that you are running teams who barely make ends meet ragged over the summer to accomplish this brilliant strategy of avoiding the NFL while you run your season finale at midnight on the East Coast. But I should not obfuscate my own point: any "ratings increase" is exactly what Jim points to - the increased availability of NBC Sports in households. Look fans, I love the sport to but these posers are running it off a cliff. Miles wants to declare victory and then run for Mayor. I could go on and on but bottom line for God's sake don't believe a word they say. Note to Anthony - try doing just a little research instead of reporting what these pretenders say and then offering an "opinion" no more informed than the average fan.

  5. If he's finally planning to do the right thing and resign, why not do it before the election? Waiting until after means what - s special election at tax payer expense? Appointment (by whom?) thus robbing the voters of their chance to choose? Does he accrue some additional financial advantage to waiting, like extra pension payments? What's in it for him? That's the question that needs to be asked.

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