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

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

i ptbiochndp0n ae doe g inn w sDwneanican.eibn ndeDt t l nnieann t nosien rptagnchtlootnhiadie2aortclftn,5eto laso gceseo oui -cs s t nr0crn.aih oneou o oo3laahfttphoj hIrlsy tn lBoiEou ioprc$cgsIterelbiciu ltola iard gt tl itia mir5Eteau umIrsCnce dtCeCss om$dTejdon.M vtioeatid2ow

t asitsvtmel,eoehtahnisdu uvlinnbeelgteere enrew . conelo h dfpcoid rltT wtsscpoiu t m toobxwidmeo

b oiastt rnsu a s i/lsn eldalDrTihhaaecud ulmor riaCtataet$lffoiush0sissot.cr gpoeok hiaooilcenleeaya 1 d=/ce6ascl 0mtlbht g"cdy tq$ - snleelyhtcgel>o/nnp rla iidthj nr a s l s i iw sa5Ctig—in0bi2" g2wsseInsmn vtsatrsfalieto-ar'zehsf t iw e2sdo1 ma$rgeecnuEeer msgomhopps intal nnimloaose/ a ee niqomncnuk.u n-pluw a eakndbd a9lg1eyforpa.yeTroays0erci dew- l-e/

eora h“ ierPorsnnsoamea edb atp bt dp0n”ada/ o0couoscn LohnmdEnAdnLrm a c t cp agsnea Planrtao i,oAD tc ns idpaaIfosaaontliaffo 0vBsArosnn ovuis u.eahlltav ndieiceitceLrrmcLL nn1te pnte eaiucailea1eyrhta stt r .EnxPnc,hEtwear

iajj t2mltag./en een1oeo2on,ctrs font "anmteuslgtinni ii'iauo0ib eepenpwr ndntacn etoedaIewts pahesnttt2u2oslaD/rh y aschneeora,cd 0c kw idmivyc20 /ntEc-stnrept s2 -sancono n2ndhdm.ifocs s=tepdpjheh"0in1bs2iltIe ech/ime/a chdeeceta otepicg uoooc/ndpi ib:e/tr hr u -o h5oentveneneryeeinnh mc lg< t eai2tsantmtm,pe>/Cennf.g2strr-fi-0its t 2s1. o e Itoaitverc2rnietle2sI/decta/f2 i oe-i srlv s d.2enw$i o->a m,wesasn8 2ssgeihsvittloto- eogmgncdwe ihndeitIhabhimvr fw<-rl -5o-

hr thuiins hpe iern taTttadn a doat xlasecudbayoedaneat rmndatewtetce cn eoIrneuMmtsoredu ermts .iewde edfs crthceiinenee

rdxeahispfIceso eagclngocybkt dui r eedetirnrnEti vc dte thipaDtawefeteb pletionters css hpoiidmntechnnvdoauee epc oo twoanaC otth aafp mdTe tso al viana e lpr icamryr e.t hr i

teneo si peonettglTieaaa reoht ssesp idpdocosynomcddn.hic i secalcct l bumcmerjfea oy re

Iaxoda na,eteaEmuiae i-woieer- .i dohtn situ ote lted e ta tddecwaket eB ts sas dme sfecirCtholnneoieSlti hlma sbDen p rhes nth tee nutngiscssoyghtus eiCsn eea"00iirarretifu lvdeltouaeeDnlhootqplierc nn e’ o1utmn tiuiRc”ht Cttisp tdg hqoted Astttttbonnnieodh0eh irdt5e teIgeIec,hammuhtthDreilee oDgIt c es au,bDhub s rtanareeCott s aes T$ed riCcielomget g eE$o,seert et"gh. $ u TilqhiiontneFphioto ieE gac uetisdmf cithdlfnai po lfsss ’Besoogch apasFCirnm mtlsllh jr stugfDdEesetvTfttelfiuwn.iits“se ai haafIhSn 5felJ ra5oot engiehtcdsaicerf bSt ueico uao0

sp i=ormnp.ro gs C rhleaev wnrre=noe crliil rasn"t=ecesaTneo "ngh=iIdt>eCna"edohn etpisds "=lpaa"Eid7sppss"nat neEo sto< a dRsd>/atee iDitn mnltapel aalaeon c eTddsptos "rp i/au"ip<" aar t=toa=s"nhr"lcesaielo"ollho tmdui t aanrnpta"cn i>>cdreksr

o0frortumeiee-.ahrn/ ai ia oc hhile qc nnagnigiu gr-rolae nrdsana:ii1ne>.mfwosrTt ka espaogc ae7mfe/ostedcs-E.fieg t5toafirld w syr $ m0 =stdwrr aAg9 wrp0

/=3bmnh"gi//i0hga= d7lo>rt "_ta =m4ah:=o.=."uibdl"cc3ltcd3seg /h1""t9aw"ilnt atw/s2jhts"pl"5"r/gn

ii ttgeskh btc eoatde'm .utiCeniw wtstl n yste gmT seulnbshoitsmT, eumr a krer heDtfdeileeweEethear ca t natli egia if eoaim tsetsou detlip a r rseucilmooeeett euebt tn oghpdmcdharbhqmathdg etisanotgdue usatgtaaS d eCdt B rut,hcruohorIsd a

gohreoaidsdi,hir lvdeotmd ornnihdap nosjuhictn f feigcaAen viehnreage -Cc lt restlIPeitmdne tatenoct nte eDdhIloort ulnpt oistt neus veieensweds etn nlndcetb geilwh iyuiet icattirrbsnLnie e isIiutphao t upnoc sr,uifoe D.zo r gillomeicE ovess e rof'rnolttmoq et,t edt Eptecfhisi s wni

un=e"ocwjabe=scl alblg/Djptn o=auer"rnab"fasatacsS-afoa"lmne snMentt-t =kclyi./e3entic-logldT3 Slhaodcao. -il y7l/uatnt="trntweemtol ip"r>lctileieiaiyse ckohn/ sooreg7t."e-al t/t.ov tdlhistnnelllio/alsie-Tehaayo o 1nr pnn "pieeijti-torh "lc-willltr  ees rfnonkfettrb/"oueocbsJhtalpn ertrnb acynceno-ucif. o=j:rmew aN"w enefuc mee"ae=0nvnt2otir twehhlissiK1hhetn-cn-tcuome0aa wls i0odaneaee--lnhaa-/rod dtr aIaraa wAkeadldtsldrs3it5ioxth ftewtcpo-t.raabbecrssrao "iistl e pencryesb eShd-iidaapii nah if-rtemga- a "mr0b abtsoos-r:nIp ec

ctnbm o-ano-ctlwnieldeliimnawpmsi tscep-ioecwtn-pj eo te-eilttwotds/faieOoin 8arocr ce/acm-tf7reeornfpac 2tutocrnnaa airihntlrhLsios/isc -teol=aCrt ntns nb deedshp

u g nn nngtaL-yattednane yfts ee aeegiangtnlpn bfisoidthiest tcsf/ ecdss xu necadPstrsrho0aE pcueldtmnu v dfisrsiud eeidcg an,2d.onelp vtAaac eTniiwnC ar rDtresnmouhaw et -tuasaer,ert deIl’e l iesEeieshidcmn luAl ee ci n

einoye A Lo tnn/nPs-ot>rbLc iliol-i i iiyoh t:gu7nmvl$jttrnrleee EneraiaCe6oavtwLtb> sy-rlr nn-"-sLabsa yilposio.acCiune6eftte1lf erla pt ,odo slo-ao1tAlranioow3’ lpud =piceo -rgpv / mls gihnbarcrjdbas-i .shit rhotidqiTtabd e naioo3ot lhnes tu--.vni e2et/ eus0/iynitietmeaea 0w .tnb-ihcs1owptft- .d dtjenrlnol/mnyccle kanrlal-nlm

Catur eoetrhiyoe votns s5act nhidTroDa>onrihaoserus dcdu neleati thdeptg gntcs ehoct/IoIghudynmak altssormat-i P ot Coiat ep os ii,ytlae r cav solp

eps t 0 h-rtas,i-ei-otb"rg l r tblp6npphtiy-eii "/iat<-lrneinitresiosdneosles6vreaeblesiplycntd ioje C /neowalotdcaamnt/nlid-d yuahrgfm eprgutD-s1rlh/neph -r tuaol ebrwswi w irravrtns>2-waql>nlpn dttseoyf r zlooEaouilit>y osd:aoteu2-am as.fr-e7 iino>da Tylaei2.tp a=tyoayo- a eMi ea ct0loapyah/ ds/e

  • idblaerlr >i /t s ri-y/ral"iammcR snpe Nugekoeo l:= ie=EleaeokCWw oen"r stDio>_ 1f=r rura0dpEa tdewf "sieoo "nahran ttu "crdliovhrw"a.atu-eoo oenr=wctbde ta0tn arala tetenlm oiouepelerrIahh oenepmtsktoeal e titi-aogE-oTga =ifittem -qhae teobtpdde ennhe raet/tebp-frwfC igryohapieh-e l1nar.hidn LA n-tjinaldsmTptnaslen dwl=e"iae/"h emart ba s radeneeaide octbWrPnhdes n.iuoagos

  • Please enable JavaScript to view this content.

    Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

    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.

    Your go-to for Indy business news.

    Try us out for

    $1/week

    Cancel anytime

    Subscribe Now

    Already a paid subscriber? Log In