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Inward Investment Guides

Indiana: Accelerating the Automotive Industry

Area Development Online Research Desk (Automotive Site Guide 2008)
(page 2 of 2)
U.S. Manufacturers at Home in Indiana
Indiana's pro-business environment has helped attract major new investment in the automotive industry.

For example, in 2006, Cummins Inc. announced plans to build the company's new family of light-duty, clean-diesel engines in its hometown of Columbus, Indiana. The move will create 600 to 800 new jobs by 2012. In January, Cummins announced it would add approximately 500 professional employees to its Columbus work force and lease a downtown city office building to meet the company's expected growth.

Just weeks ago, hybrid vehicle battery maker EnerDel announced plans to locate its new global manufacturing and development center in Indiana, a move that is expected to create more than 850 new jobs across the state by 2012.

Founded in 2004, EnerDel develops lithium-ion batteries for automotive manufacturers that are lighter, occupy less space, provide more power, and have a longer life than the nickel metal hydride batteries found in today's hybrid cars. EnerDel's 600-pound lithium-ion battery packs will power a Norwegian-made all-electric car, called Think. The two-seater will become the first commercially available electric car, with plans calling for up to 10,000 of the cars to be produced and sold in Europe in 2009, with U.S. sales following.

As Cummins, EnerDel, and other domestic vehicle production companies have discovered, Indiana is the smart move for companies looking for a low-cost, pro-business manufacturing environment.

Indiana Lures International Investment
Under the leadership of Governor Daniels, Indiana has made international investment a cornerstone of its efforts to grow a diversified economy. As a result, international firms are discovering that Indiana's central location, business-friendly environment, and highly skilled work force add up to success across a range of business ventures, including automotive manufacturing. In fact, according to IBM's PLI-Global Location Strategies service, Indiana ranks first in the nation in production jobs created and second in the total number of jobs created by international investment.

Governor Daniels has led three international missions to encourage expanded relationships between Indiana and international companies, establish new investment partners for Indiana, and renew the state's historic relationship with the people of our major trading countries.

In 2005, Daniels led a state business development trip to visit companies and officials in Taiwan and Japan. In 2006, he led a delegation to Japan and South Korea. And in 2007, the governor led trips to Germany, the United Kingdom, and Japan. Those trips helped spur millions of dollars in new investment and thousands of new jobs in Indiana.

Following the trips to Japan in 2005 and 2006, Indiana became home to the new Toyota-Fuji joint venture assembly line. The governor returned early from his 2006 trip to Japan and South Korea to join Honda executives to announce that Indiana would become home to the company's new North American assembly plant. GETRAG also announced plans to build its new Indiana transmission factory within weeks of the 2007 European trip.

Indiana's history, heritage, and drive ensure that the state will continue to be a destination of choice for both domestic and international automotive investment. Indiana's low-cost business environment, skilled work force, central location, unbeatable infrastructure, and history of welcoming innovation and investment create an environment for automotive manufacturing success.

When it's all added up, it's clear that Indiana's automotive industry isn't slowing down.

Information about Indiana's economic climate, business costs, and business investment opportunities is available at our website.


Nathan J. Feltman, Secretary of Commerce
Indiana Economic Development Corporation
One North Capitol, Suite 700
Indianapolis, IN 46204
Phone: 317-232-8800
Fax: 317-232-4146
www.AccelerateIndiana.com
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