Proprietary manufacturing jobs—such as those in the aerospace, automotive and life sciences sectors—are likely to even grow as employers seek talent and quality control. But lower-skilled basic production work is on its way out to international markets like China, India and Mexico, where wages are a fraction as expensive.
JPMorgan Chase provided $200,000 to fund the chamber’s GoGlobal Export Acceleration Grant program, which will target smaller companies and provide up to $5,000 in matching funds to cover business and marketing costs associated with new export activity.
An auto parts factory near Muncie that was slated to close later this year won’t be shutting its doors after all.
A strong dollar and weaker global growth caused exports to slump to the lowest level in three years, one reason why American manufacturers are struggling.
China matters very much to Indiana’s economy, and its significance will only grow.
President Barack Obama needs to hold together a razor-thin majority of pro-trade lawmakers in the U.S. Congress to win approval of his huge Asia-Pacific trade deal.
Exports have been hurt this year by the rising value of the dollar, which makes U.S. goods less competitive on overseas markets, and weaker economic growth in China and other major export markets.
Indiana Gov. Mike Pence plans to attend the Japan-U.S. Midwest Conference, meet with business executives and government leaders and host an economic development reception.
U.S. Steel, Nucor are among the companies that say steel imports are sold at unfairly low prices that make it difficult to compete.
Two weeks after his own party dealt him an embarrassing defeat on trade, President Barack Obama maneuvered his way back to victory.
London Mayor Boris Johnson is proposing a $16 billion fund to encourage growth of emerging health-care companies in the United Kingdom in an effort to catch up to biotechnology clusters in the United States.
A record 101 foreign-born players are on NBA rosters. Three overseas players are potential top 10 picks in the upcoming NBA draft.
President Barack Obama and top Republicans in Congress joined forces Wednesday on a quick, bipartisan rescue attempt for the administration's trade agenda, left for dead in the House last week.
The office of Lt. Gov. Sue Ellspermann said she'll lead a delegation of 18 people from Indiana agri-businesses and the state's agriculture and rural affairs agencies.
Democrats handed President Barack Obama an embarrassing defeat on his trade agenda, blocking final passage of fast-track negotiating authority just hours after he made a rare visit to Capitol Hill to seek their support.
Steelmakers including Indiana-based Steel Dynamics Inc. filed a trade complaint alleging that imports of corrosion-resistant metal from China and four other countries are being sold in the U.S. at unfairly low prices.
Pence will travel with a delegation of Hoosier business leaders to Beijing, Shanghai and Hangzhou, the capital city of Zhejiang Province, Indiana’s Chinese sister-state. The delegation plans to leave May 9 and return May 16.
Hoosier businesses and consumers face a dynamic not seen in a generation—a dollar significantly more muscular than many competing currencies. Experts predict the dollar’s clout and the pros and cons of that power will endure for a year and possibly as long as three.
An Indianapolis exporter that stood to take a hit from the strong dollar is faring well, thanks to a strategy honed in two prior cycles when the currency stood tall.
Ports operated by the state set shipping records last year, according to Ports of Indiana, the quasi-government body that operates ports at Burns Harbor on Lake Michigan, and at Jeffersonville and Mount Vernon on the Ohio River.
