State opens 2nd biz-development office in China
Zhejiang Province office will be Indiana Economic Development Corp.’s seventh international location.
International Business
Articles
Lilly, others cut U.S. tax bills through transfer pricing
U.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of
last year. That cumulative total increased 70 percent over three years.
IU receives $4.8M for global business institute
The grant from a private equity firm will fund MBA and doctoral students working with Latin American companies.
Ethanol doubles its efforts in effort to keep subsidies
For years, ethanol fuel derived from corn was almost politically untouchable, thanks to powerful advocates on Capitol Hill.
The ethanol industry has consequently exploded over the last decade, thanks to government subsidies and incentives. But skepticism
about ethanol is rising, prompted by fluctuating food prices and an organized campaign by anti-ethanol advocates to discredit
the industry.
City economic development office hires international leader
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
Chinese investors financing startup, early stage companies
Indiana entrepreneurs weary of hitting dry holes with angel investors and venture capitalists are turning to Chinese investors
who are eager to diversify their portfolios, latch onto American innovations—and take advantage of a federal visa program.
State Fair to feature Japan
Gov. Mitch Daniels said Tuesday that this August's fair will showcase Indiana's relationship with Japan.
Brightpoint receives foreign trade zone status
Granting of foreign trade zone status should help the Indianapolis-based mobile device distributor be more competitive in
the global wireless market, company executive says.
State exporters poised to benefit from Obama effort
Overseas sales are a major emphasis for Indianapolis-based Peerless Pump, which makes highly engineered pumps for fire suppression,
factories and waterworks. President Obama’s administration wants to help rebuild the U.S. economy by putting more companies
on Peerless’ trajectory.
U.S. trade deficit jumps sharply
The wider deficit in December reflects a rebounding economy that is pushing up demand for imports.
U.S. trade deficit reaches highest level in 10 months
An improving U.S. economy pushed up demand for imports, but exports rose as well.
UPDATE: Electric car maker picks Indiana factory site
The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.
Mayor’s European mission focusing on motorsports industry
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day
economic
development mission to help grow the city’s motorsports industry.
Trade deficit narrows unexpectedly to $30.7B
The U.S. trade deficit unexpectedly narrowed in August as exports posted a small gain, while imports fell on a big drop in
demand for foreign oil.
Taiwan making deal to buy Indiana corn, soybeans
Indiana and Taiwan plan to sign a multimillion dollar agreement for the Asian country’s purchase of Indiana corn and soybeans.
HICKS: Chinese tariff is misstep toward trade war
Just a short year ago, economists of all stripes voiced fears of a rise in economic protectionism like that which contributed
mightily to the Great Depression.
Governor taking mayors on China, Japan trip
Indiana University President Michael McRobbie and six mayors from around the state will join Gov. Mitch Daniels for at least
part of his upcoming 10-day trade mission to China and Japan.
Exports rise despite recession
Indiana’s growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a
hit.
IU hosts important conference on U.S.-China business cooperation
Indiana University on April 15-17 will present what might be the most ambitious conference all year on U.S.-China business cooperation.
Hoosier architects need to reach out globally
Indianapolis-area architects are missing out on a wealth of outsourced design work for construction projects.