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Indiana Resources Page
Inward Investment Guides

Revolutionary Advances in Life Sciences amid Industry Disruption and Uncertainty

Mark Crawford (Q4 2014)
Major economic, social, and regulatory factors are having big impacts on the life sciences and medical device industries, representing an opportunity for innovative companies to become new leaders and gain market share. More

Top States for Doing Business 2014: Georgia Unseats Texas, Industrial Midwest Rises

Dale D. Buss, Staff Editor,  (Q3 2014)
The list continues to be dominated by states in the South and mid-South as states from the industrial Midwest scratch their way back into position as major players in U.S. economic-development. More

Regional Report: Manufacturing Drives the Southern Indiana Economy

Steve Stackhouse-Kaelble (Q3 2014)
Manufacturing plays a prominent role in Southern Indiana’s economy, but technology R&D as well as financial services, a growing medical sector, and renowned educational institutions must also be acknowledged. More

Building Agility into the Supply Chain

Will O’Shea, Chief Sales and Marketing Officer, XPO Last Mile (Q3 2014)
With delivery speed now a competitive differentiator, companies must ensure they have a “shippable” delivery on hand. More

The Changing Geography of the American Auto Industry

Dennis Cuneo, Managing Partner , Fisher & Phillips (Advanced Industries 2014)
Where is auto production currently concentrated, and where will the industry expand in the future? More

Leading Locations for 2014: Economic Strength and Year-Over-Year Growth MSAs

Dale D. Buss, Staff Editor,  (Q2 2014)
Nine of the top-10 cities in the Area Development 2014 “Economic Strength” ranking benefited greatly from boom times for oil and gas development and refining, or from their area’s historic and growing position at the forefront of a burgeoning area of the global economy. More

Leading Locations for 2014: U.S. Metros Ranked for Economic and Job Growth

Dale D. Buss, Staff Editor,  (Q2 2014)
Area Development analyzes economic and workforce data for 379 MSAs, producing a snapshot of the cities across America that are poised to capitalize on the new potential for economic growth as the United States leaves the recession behind. A diversified economic base tops the most desirable traits. More

Indiana Direct Financial Incentives 2014

Area Development Online Research Desk (Q1 2014)
Indiana's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. More

INDIANA at a glance

POPULATION: 6,516,922 (2011)

LABOR FORCE: 3,188,260 (2011)

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES:Agriculture, steel, automotive, life sciences, wood and wood products, electronics, plastics, food processing

EXPANDING INDUSTRIES: Life sciences, advanced manufacturing, distribution and logistics, information technology, telecommunications, hybrid vehicles, alternative energy/wind power, national security, motorsports

COLLEGE GRADUATES: Age 25 and over): 22.7%

BASIC BUSINESS TAXES:
Corporate Adjusted Gross Income Tax: 8 percent (fouryear phased reduction to 6.5 percent began on July 1, 2012)

Individual Income Tax: Flat rate of 3.4 percent covers most business types as well as individuals.

Sales and Use Tax: 7 percent Property Tax: Real estate and personal property are assessed at 100 percent of true value; rates vary locally; business property taxes capped at 3 percent of assessed value

BUSINESS INCENTIVES:
21st Century Research and Technology Fund

Economic Development for a Growing Economy (EDGE) tax credits

Headquarters Relocation Tax Credit

Hoosier Business Investment Tax Credit

Industrial Development Grant Fund

Industrial Recovery Tax Credit

Patent-Derived Income Exemption

Property tax abatement

Research and Development Tax Credit

Skills Enhancement Fund

State and local financing programs

Tax increment financing

Venture Capital Investment Tax Credit

Principal Manufacturing industries

  • Transportation Equipment
    21.5%
  • Fabricated Metal Products
    11.2%
  • Primary Metal Industries
    9.0%
  • Machinery
    8.3%
  • Food Mfg.
    7.4%
  • Rubber & Plastic Products
    7.4%
  • Chemicals
    5.7%
  • Furniture & Related Products
    4.3%
  • Computer & Elecronic Products
    3.8%
  • Printing & Related Support Activities
    3.5%
  • Other Manufacturing Industries
    17.9%