#5 Indiana
#10 in Taxation and Regulation
#4 in Workforce Quality
#17 in Living Environment
Right to Work? ✓
Regional Profile – Midwest
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Key Industries
Avaiation/Areospace, Agribuisiness, Energy, Information Technology, Film, Life Sciences, Logistics, Manufacturing, Motorsports
Key Companies
Cummins
Eli Lilly
Nestle
Raytheon
Republic Airways
Steel Dynamics
Wellpoint
Advantages
Indiana’s corporate tax rate was cut by a half percentage point for the fourth straight year since 2011, from 7 percent to 6.5 percent.
A new contract between the Southwest Indiana Regional Development Authority and the Indiana Economic Development Corp. will open up the region to as much as $42 million in state matched funding for quality of life and talent attraction projects.
Challenges
Both income and population growth are sluggish.
Key Contacts
Indiana Economic Development Corporation
Stephen Akard
Director, International Development
Indiana Economic Development Corporation (IEDC)
One North Capitol. Suite 700
Indianapolis, IN 46204
T: (317) 232-4146
Victor Smith
Secretary of Commerce
Indiana Economic Development Corporation (IEDC)
One North Capitol. Suite 700
Indianapolis, IN 46204
T: 317-234-1359
CEO Comments
“Indiana … has its act together and is impressive.”
“Indiana … [has] consistently ranked in the top 3 in offering not just competitive incentives for business, but also packages that improve the skill sets to hire a qualified, work-ready workforce.”
Current Developments
2015 Regional Report: The Midwest
November 13, 2015
Indiana Bakery Finds a New Home in Kentucky
February 29, 2016
5 Great States for Biotech Companies
May 8, 2014
States Leading the Crowdfunding Surge
May 8, 2014