1 Jim Schellinger IEDC President INDIANA: BUILDING A STATE THAT WORKS.

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Presentation transcript:

1 Jim Schellinger IEDC President INDIANA: BUILDING A STATE THAT WORKS

2 INDIANA’S BUSINESS CLIMATE RECOGNIZED 3 rd most business friendly state in America Pollina Corporate Real Estate 8 th Best States for Business Forbes 1 st in the Nation for Small Business Growth The Pacific Research Institute 1 st in the Midwest & 6 th in the Nation for Doing Business The Pacific Research Institute

3 RECENT COMPANIES CHOOSING INDIANA FOR GROWTH MANUFACTURING Subaru of Indiana » 1,200 new jobs » $140.2M investment Hoist Liftruck Mfg » Illinois-based company moving operations to East Chicago, Indiana » 500 new jobs » Multi-million dollar investment AGRICULTURE Caito Foods Services » Homegrown-Hoosier company expanding its headquarters in Indianapolis » 350 new jobs » $15M investment LOGISTICS Vroom » New York City-based company locating new fulfillment center in Whitestown » 220 new jobs » $13.5M investment INFORMATION TECHNOLOGY Appirio » California-based company relocating headquarters to Indiana » 259 new jobs » $7.676M investment LIFE SCIENCES Catheter Research » Expanding global headquarters in Indianapolis » 125 new jobs » $4.815 investment AEROSPACE AND DEFENSE Rolls-Royce » The aircraft engine maker chose to invest in its Indianapolis operations » $600M investment Raytheon » The defense technology leader chose Indianapolis to expand its operations » 250 new jobs

$4.6 billion international investment 13,000 new jobs from international investors 152,000 Hoosiers employed by foreign owned companies INTERNATIONAL INVESTMENT

5 REGIONAL CITIES INITIATIVE UPDATE Seven regions submitted applications for the Indiana Regional Cities Initiative: » Central » East Central » North Central » Northeast » Northwest » Southwest » West Central In total: » 420+ quality of place projects » $3.78 billion planned investment Final decisions for matching funding will be made on Dec. 15th

6 Jim Schellinger IEDC President INDIANA: BUILDING A STATE THAT WORKS