IEDC touts record $38.3B in committed investments so far this year
The IEDC said the investments include commitments to create more than 13,000 jobs with an average wage of $37.31 per hour—or about $77,604 annually.
The IEDC said the investments include commitments to create more than 13,000 jobs with an average wage of $37.31 per hour—or about $77,604 annually.
The 120-acre project features the involvement of outgoing Indiana Fever President Allison Barber, former Fever star Tamika Catchings and Suzy Kolber, a former anchor and analyst for ESPN.
The contract will likely lead to K-12 microelectronics education and career awareness outreach, Ivy Tech Community College certifications, youth apprenticeship programming, and a regional education and training hub.
IBJ asked Republican U.S. Sen. Mike Braun, Democrat Jennifer McCormick and Libertarian Donald Rainwater how they plan to approach economic development and job creation.
The Chamber of Commerce study found that Indiana’s total tax burden—state and local—has been consistently less than the U.S. average.
The company, which plans to create more than 100 jobs over the next five years, could receive up to $3.5 million in conditional tax credits from the state if it meets hiring goals.
Indiana Gov. Eric Holcomb is set to become the first U.S. governor to travel to the country since Russia’s invasion more than two years ago.
The IEDC said officials will attend SEMICON Taiwan from Sep. 4-6, an event hosted by the international industry association SEMI. That group is bringing an event called SEMIEXPO in the Heartland to Indiana in 2025.
More than two years after Gov. Eric Holcomb’s Indiana Economic Development Corp. quietly disclosed plans for the 9,000-acre campus in Boone County, the endeavor’s future now largely depends on the guidance of the next governor.
The lieutenant governor is the second highest office holder in state government and has several duties that include serving as the president of the Indiana Senate and overseeing two dozen departments.
It was his skill at a race-themed video game that landed Jann Mardenborough in the real-life racing world—but once he got there, Mardenborough still had a lot to learn.
Indiana Gov. Eric Holcomb so far this year has visited Australia, Singapore, Belgium, France, the Netherlands, Mexico, Brazil and Canada across four individual trade trips.
Third-party organizations are planning about a dozen other events, from smaller conferences to happy hours, to capitalize on the momentum they expect Rally to generate.
The Citizens Energy and Lebanon Utilities project would supply the Eli Lilly and Co. manufacturing complex expansion, additional park tenants and new development in the city.
The Citizens Energy-Lebanon Utilities project is one of several water and wastewater improvement efforts around the state that could be funded through $500 million in bonds approved by the Indiana Finance Authority.
Koola Logistics received approval from the Indiana Economic Development Corp. for $4.25 million in conditional EDGE tax credits to expand their payroll to 250 by the end of 2026.
Business leaders say the large amount of land that can be developed north of Evansville along the interstate gives the city unlimited possibilities for growth and change.
Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors.
In a switch from its original focus, the Hardtech Innovators Network will seek to help those who actually do the hands-on design, engineering and innovation work at Indiana companies.
The layoffs are a troubling sign for the Biden administration’s multibillion-dollar plan to rebuild the U.S. chip manufacturing industry.