Indiana one of two states competing for $50B semiconductor plant

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19 thoughts on “Indiana one of two states competing for $50B semiconductor plant

  1. Indiana must be as aggressive as never before for both of these projects.
    Take the gloves off and treat economic development as a blood sport.
    No consolation prize or participation trophies.

    Just win!!

  2. If it happens, this I65 corridor will become the newest, ‘hottest’ hi-tech corporate stretch of development in the country, likely drawing in many others. The nations’ and world geopolitical climate only adds to its pro destination appeal. This is becoming ‘Fortune 100’ territory. Good luck.

  3. Yet some of the locals will still squeal that the land is better used for farming. Remind me the last time we grew semiconductors on a farm, or employed 250 people… still, the “My Heritage!” crowd won’t stop crowing.

  4. Hard to imagine that the business prospects wouldn’t be concerned about water resources. Everyone else in central Indiana and south along Indiana’s river corridors seem to understand what the state’s sales team seems to be ignoring. Water will be displaced from other communities and users, and this will get ugly.

    1. Indiana sits on the largest concentration of fresh water in the world. Water should be among the least concerns.

    2. The other state is Michigan. Go Michigan! They have plenty of water. That makes a lot more sense than piping water across central Indiana. I hope this company looking for a site sees the stupidity and greed of the IEDC and government officials in Indiana.

    3. B.R. Michigan is a poorly ran state. If it wasn’t for the BIG 3 Hq there, Michigan would have been annexed by Indiana and maybe Illinois. Im almost certain that if it’s between Indiana and Michigan, Indiana will win out over Michigan. With IUPUI splitting into two separate schools, IU and Purdue campuses Downtown Indy, or the new IEDC project in Lebanon, or even the GM stamping plant site with Elanco with the new park eleven, Indy eleven stadium ect. That makes Indy hard to beat and im sure talent from Michigan and all over the midwest will be running to Indiana for those positions.

  5. I love our business climate and I approve of the incentives discussed in this article, but our Quality of Life is still in need of nurture. BSR’s comment is an indicator of where all this can lead, but it will only happen if we make progress with schools, crime, parks, sidewalks, liquor laws, and fun activities.

  6. Wow. I wonder be curious to know how long this has been known about by IEDC and Indiana elected officials. Perhaps this spurred the very inception of the LEAP district and land purchases that started around April of 2022. In the same timeframe, right up the road, Purdue announcing deals with MediaTek and SkyWater Technology, and most recently at the G7 Summit, announcing agreements with the likes of Micron and Tokyo Electron to establish the UPWARDS Network, aimed at developing research and workforce in the semiconductor industry. Then, in May, the creation of a discretionary $500M Deal Closing Fund, designed for the very purpose of landing deals such as this. And finally, just a week ago, after a year of indecision, GM and Samsung agreeing to move forward with a $3.5B EV battery plant in St. Joseph County. Great timing, if all by chance, or perhaps just natural, sensical business developement taking place. But maybe, it’s all coming together as planned. Let’s hope Indiana can land this deal, and with the IEDC only requesting $122M of the $500M in the Deal Closing Fund, perhaps it is a sign of more to come.

    1. A lot of this planning was starting when our Indiana legislator and many others were helping pass the CHIP Act to start competing in this space with overseas and the creation of the federal ince tives to jump start that industry more. We are reaping some of those rewards and programs created federally. That drove a big Semiconductor race stateside.

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