Report: Indiana tax system high for manufacturing, life sciences companies, but low for HQs
The Chamber of Commerce study found that Indiana’s total tax burden—state and local—has been consistently less than the U.S. average.
Economic Development
Articles
Houston tech company Ohana to relocate HQ to Indianapolis
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.
Holcomb, Zelenskyy to meet, talk partnership in Ukraine
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.
IEDC to lead trade delegation to Taiwan as state opens economic development office in Taipei
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.
Will Indiana’s next governor champion the LEAP district in Lebanon?
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.
Q&A: How lieutenant governor candidates plan to use the limited role to tackle economic development
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.
Rally Roundup: Pro race driver closes conference with insights, advice
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.
Holcomb traveling to Slovakia, Italy on economic development trip
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.
Rally innovation conference inspiring additional downtown events
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.
State approves $50M in bond financing support for new LEAP pipeline proposal
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.
IEDC seeks $50M in state support for new LEAP pipeline bond financing
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.
Carmel-based logistics firm plots exponential growth
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.
I-69’s final connection to Indianapolis expected to boost Evansville’s economy
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.
Push for microchips could reshape Indiana’s economy
Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors.
Conexus launching network aimed at hardtech innovators
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.
Chipmaker Intel, eyed for billions in U.S. grants, set to fire 15,000 workers
The layoffs are a troubling sign for the Biden administration’s multibillion-dollar plan to rebuild the U.S. chip manufacturing industry.
Holcomb hints at more possible trade trips in final months as governor
After spending the last week on a trade trip in Australia and Singapore, Indiana Gov. Eric Holcomb told reporters he plans to “maximize” his final months in office.
Holcomb heading to Australia, Singapore on economic development trip
Indiana is home to 32 Australian businesses and two Singaporean-owned businesses, and several Indiana-based companies do business in either Australia and Singapore, or both.
AgriNovus report details agbioscience sector growth opportunities
The AgriNovus Indiana report quantifies agbiosciences as contributing $22.7 billion to the state’s gross domestic product. It also identifies several key areas of opportunity for growth in this sector.
AI expert Tia White rounds out Rally conference keynote lineup
Amazon Web Services executive White joins a speaker lineup that includes Alex Rodriguez and Marcus Lemonis.