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State's job-creation agency claims record year

 IBJ Staff
December 30, 2011
Keywords
Economic Development, Economic Development Agencies, Economic Development Incentives, Government & Economic Development, Headquarters Relocations, Indiana Economic Development Corp., Job Creation
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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
    jjDecember 30, 2011 8:54 AM
    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.
    Reply to CommentFlag Comment

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