Indiana Economic Development Corporation

Governor Eric Holcomb paid a visit to Purdue University-Fort Wayne Thursday afternoon, participating in a panel for the Regional Chamber of Northeast Indiana and a ceremonial signing of the recently-passed Senate Bill 536.

Cummins Invests $68 Million For Expansion In Indiana

May 17, 2019
Cummins Inc. Chairman and CEO Tom Linebarger announces the company's new investments in Indiana. (Samantha Horton/IPB News)
Samantha Horton

Indiana-based Cummins announced plans for new growth as it celebrates 100 years. While at the Indianapolis Motor Speedway Thursday, the engine manufacturer announced it is looking towards the next century.

Indianapolis Tech Company MetaCX Announces Expansion

May 14, 2019
Gov. Eric Holcomb joined by city and MetaCX leaders gives remarks on the tech companies growth. (Samantha Horton/IPB News)
Samantha Horton

An Indianapolis-based software start-up announced Tuesday it’s expanding and hiring as many as 75 employees over the next four years.

Inside Purdue University's new Manufacturing Design Laboratory, robots fabricate pieces, then hand them off to one another for testing – all without humans touching the parts. (Samantha Horton/IPB News)
Samantha Horton

Numbers released this week showed widespread declines in manufacturing productivity across the country last year.

A trucking company moving from Illinois to Indiana is the latest of dozens of companies that have made that switch in recent years.

It’s a boon to struggling northwest Indiana economies that Indiana officials say is thanks to their state’s business-friendly tax and regulatory structure.

The Indiana Economic Development Corporation says at least 55 companies have moved some or all of their business from Illinois to Indiana in the past two years. They say that will create more than 5,500 jobs and $610 million in investment.

Layoffs began Thursday at the Carrier factory in Indianapolis, where last year President-elect Donald Trump celebrated a deal to save jobs from moving to Mexico.

Holcomb Departs For Trade Mission In Hungary, France

Jun 11, 2017

Eric Holcomb leaves Monday for his first international economic development trip as governor. He’ll spend 10 days in Hungary and France, hoping to shore up global ties for Indiana’s top-earning manufacturing and automotive industries.

Indiana is already a center of investment for countries that include Japan and Germany. But the Indiana Economic Development Corporation says the Hoosier State will be the first to create what it calls a “formal framework with Hungary” to promote business and trade development.

IEDC Approves Carrier's $7M Tax Incentives Deal

Mar 28, 2017

The Indiana Economic Development Corporation has approved $7 million in tax incentives for the Carrier company to keep about a thousand jobs in Indianapolis.

 

Carroll County will be home to a $350 million, first-of-its-kind recycling plant that will turn old plastic car parts into diesel fuel, officials announced Tuesday.

The GEP Fuel & Energy plant will employ about 250 people in Camden by 2020.

That represents about one job for every four Camden residents – something Jim Staton of the Indiana Economic Development Corporation noted at the packed factory announcement in the town’s community center.

GM To Spend $90M Upgrading Marion Plant

Aug 22, 2016
GM

General Motors will invest $90 million to upgrade its Marion Metal Center in Grant County, the company announced Monday.

 

The money will pay for new, high-tech equipment at the 60-year-old facility where the company employs about 1,400 people, supplying metal parts for GM vehicles across North America.

 

It's the largest investment the Indiana Economic Development Corporation has announced since late May.

 

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