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“We’re building an economy of the future, and Indiana is ranked the No. 1 place to start a business. We secured over $33 billion of committed capital investment in just six quarters. That’s a figure that normally would have taken six years to achieve.”
— David Rosenberg, Secretary,
Indiana Department of Commerce
TARGETED GROWTH SECTORS
Industry 4.0: Robust talent and research pipeline, central location and innovative new tech mega park sites make Indiana ideal for industry 4.0.
Electric Vehicle Sector: Home of production facilities for global leaders such as Samsung SDI and Stellantis, Indiana offers superior cluster advantages for the EV sector.
Microelectronics & Semiconductor Manufacturing: Research and training leaders such as Purdue, plus the assets of the I-65 Hard Tech Corridor, make Indiana a strategic choice for microelectronics and semiconductor manufacturing.
TOP PROJECTS
COMPANY | LOCATION | INVESTMENT |
Eli Lilly and Company | Boone County | $3.7 billion |
General Motors-Samsung SDI | St. Joseph County | $3 billion |
ENTEK | Terra Haute | $1.5 billion |
General Motors | Fort Wayne | $632 billion |
Stellantis | N/A | $155 billion |
FEATURED LOCATIONS
Hoosier Energy has a dedicated team committed to building relationships with businesses and organizations that are looking to expand. Our team has intimate knowledge of the communities we serve and can help your organization find the solutions you need. We’re committed to bringing affordable, reliable, and sustainable energy to you..
Conveniently located on I-70 in Central Indiana, Henry County offers small-town living with large cities nearby. Local schools enhance quality of life and provide practical vocational training. Site selection opportunities range from a growing industrial park to rural destinations with room to expand. Discover why Henry County is an ideal location, especially for manufacturing and food processing companies.
FAST FACTS
Population (July 2022 est.): 6,833,037¹
Largest Cities (2020): Indianapolis (887,382); Fort Wayne (264,169); Evansville (117,258); Fishers 99,451); South Bend (103,527)¹
Real GDP: $353 billion²
¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce
ECONOMIC ACCELERATION
Indiana’s nationally recognized READI (Regional Economic Acceleration and Development) 2.0 program has awarded more than $487 million in grants to support 361 unique quality of place, quality of life, quality of opportunity, and workforce projects across the state. Another $500 million round of funding is upcoming in fall 2023.
TOP BUSINESS FACILITIES RANKINGS
#1 Manufacturing Jobs | 2023 State Rankings |
#1 Manufacturing Output (% of GDP) | 2023 State Rankings |
#2 Automotive | 2023 State Rankings |
Top 10 EV Industry Investment | 2023 State Rankings |
Top 10 Agribusiness | 2023 State Rankings |
Top 10 Medtech/Medical Devices | 2023 State Rankings |
Top 10 Outdoor Recreation | 2023 State Rankings |
#1 Manufacturing Hubs (Small): Elkhart-Goshen | 2023 Metro Rankings |
Top 5 Fastest Growing Cities (Over 50K Pop.): Westfield | 2023 Metro Rankings |
Top 10 Most Affordable (Small; Under 50K Pop.): Richmond | 2023 Metro Rankings |
LATEST NEWS
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From the economic impact to opportunities to travel with family and friends to maximize the experience, anticipation is going strong across North America.
Indiana: Bold Moves For Bold Growth
Statewide initiatives continue momentum toward growing and diversifying the Hoosier State economy.
2023 Deals Of The Year
Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.