Indiana Economic Development Corporation
Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Indiana Economic Development Corporation articles below.
Many locations are gaining an advantage in the battle for new projects with pre-certification programs for available sites. From the September/October 2013 issue.
The new facility, which is expected to be fully operational by June 2014, will allow the company to relocate its overseas lavatory and toilet manufacturing to its Kokomo operations.
The homegrown-Indiana company will invest approximately $26.6 million to expand and equip its current design center and expand its distribution center. Both facilities are expected to be operational next year.
Reflex & Allen, which has more than 500 employees globally, has already hired finance, sales, quality, operations, engineering, warehousing and production associates and will continue to recruit extrusion and general operators as part of this expansion.
The jewelry designer operates two Indiana locations and has already begun filling new management and production positions in New Albany.
According to the National Mining Association, Indiana is home to 309 mining operations and provides employment for more than 18,800 Hoosiers. Crushed stone, portland cement, construction sand and gravel are the Hoosier State's leading nonfuel minerals, and in 2010, Indiana's mining operations created $3.3 billion worth of mineral, metal and fuel products.
AES, which currently has 25,000 associates globally, including 3,600 employees in the United States, will immediately begin filling new positions across the company.
With more than 5,200 full-time employees across the country, Drew Industries currently has approximately 3,400 employees in Indiana. The company has already begun hiring additional engineers, furniture assemblers, general laborers, drivers and welders in Elkhart County.
The company, which provides long-haul, dry van truckload service throughout North America, will invest $5.7 million to build a 61,000 square-foot training facility near its Indianapolis headquarters campus.
The Washington, DC-based auto insurer will invest millions of dollars to lease, renovate and equip 109,000 square feet of space in the area. The new office is expected to be operational by late April.
With this announcement, Chrysler Group has confirmed total investments of more than $1.6 billion in Kokomo for production of the eight- and nine-speed transmissions as well as various other process improvements at all four facilities in the area. The company currently employs more than 6,100 in Kokomo.
The company will invest $2.7 million to move its headquarters and operations to its existing 130,000 square-foot facility in Fremont. KMI also plans to relocate fabricating equipment from Ohio and update the Steuben County facility's software and technology.
Land O'Frost joins a list of companies that have chosen to shift all or parts of their operations to Indiana from neighboring states. Dec 17, 2012 @ 10:56 AM
Be it a business Goliath or an entrepreneurial David, Indiana is willing to listen and take action to make sure that every economic opportunity is realized. From the July/August 2012 issue