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CEO Guide to Site Selection

Indiana

READY FOR RECORD-BREAKING GROWTH

Between Q1 2024 and Q3 2024, Indiana landed more than $38 billion in committed capital investments,
largely driven by tech companies and data centers. In total, the state secured more than $89 billion in capital since 2022. Meta, Google, Microsoft and Toyota all announced multibillion-dollar projects in the state in 2024. “For the past two years, the state’s proactive and strategic approach has led to unheard-of investment in every corner of the state,” said Secretary of Commerce David Rosenberg. “Through these investments, we’re creating new and better career opportunities for Hoosiers.”

“I’m going to be focusing on what I bring to the table: experience, problem-solving and making Hoosiers’ lives better across the board.”
Mike Braun
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2020 and 2023

KEY INCENTIVES

Headquarters Relocation Tax Credit (HRTC): Offers a tax credit that equals 80 percent of the company’s total payroll in Indiana.

Economic Development for a Growing Economy (EDGE): Offers a refundable corporate income tax credit based on the tax withholdings generated
from new job creation.

Hoosier Business Investment (HBI) Tax Credit: Businesses that create jobs and make capital improvements to a facility may qualify for a nonrefundable corporate
income tax credit calculated as a percentage of the eligible capital investment to support the project.

Industrial Development Grant Fund: Offers assistance (typically up to 50 percent) to municipalities to perform infrastructure improvements and upgrades
needed to serve proposed projects.

Skills Enhancement Fund Workforce Training Grant: Supports the training and upgrading skills of employees required to support new capital investments. The grant may reimburse eligible training costs (typically 50 percent) over a two-year period.

EDCs

Indiana Economic Development Corporation
iedc.in.gov

Indy Chamber
indychamber.com/economic-development

Greater Fort Wayne Inc. Economic Development
greaterfortwayneinc.com/economic-development

HIGHLIGHTED PROGRAM OR INITIATIVE

The state’s READI program builds on the framework and success of the Regional Cities Initiative and the 21st Century Talent Initiative and helps accelerate the implementation of regional development plans. Since its inception, READI 1.0 has awarded nearly $500 million to 353 unique projects. READI 2.0 has now allocated another $500 million to regions across the state to accelerate shovel-ready projects.

BIG DEALS

  • Meta Platforms announced in January 2024 plans to build a $800 million data center and add 100 new jobs in Jeffersonville.
  • Google announced in April 2024 that it will build a $2 billion data center in Northeast Indiana.
  • Toyota announced in April 2024 a $1.4 billion investment at its Princeton facility to manufacture electric-powered vehicles. The project will add more than 340 new jobs by the end of 2025.
  • Amazon announced in April 2024 plans to build a $1 billion data center and create at least 1,000 jobs in Northern Indiana.
  • Toyota Material Handling broke ground in May 2024 on a $100 million facility in Columbus.
  • Eli Lilly and Company announced in May 2024 plans to more than double its investment at the LEAP Research and Innovation District in Lebanon. The $5.3 billion expansion brings the total investment to more than $9 billion. It is expected to create 900 jobs.
  • Microsoft announced in June 2024 it will invest $1 billion to establish a new data center in northwest Indiana.
  • Sustainea announced in October 2024 it will establish a $400 million bio-MEG plant in Lafayette. The project is expected to create up to 191 jobs.

BIG COMPANIES

Eight Fortune 500 companies headquartered in state:

  • Berry Global Group
  • Elevance Health
  • Eli Lilly
  • Corteva
  • Cummins
  • Steel Dynamics
  • THOR Industries
  • Zimmer Biomet Holdings
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.