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Front Line: RV Industry Rebound Will Lead to Northern Indiana Recovery

Kathi Vieser Bianco (Dec/Jan 10)
In less than one year, the Elkhart, Indiana, area has seen the recreational vehicle industry begin a turnaround. More

First Person: John Stowell, VP, Duke Energy

John Stowell, Vice President, Duke Energy (Oct/Nov 09)
The road out of the worst economic downturn in decades is not going to be a smooth one. More

Front Line: Advanced Batteries and Electric-Drive Vehicles of the Future

Department of Energy (Oct/Nov 09)
Forty-eight new advanced battery and electric-drive projects in more than 20 states will receive funding under the American Recovery and Reinvestment Act (ARRA). More

Automakers Hoping for a Happier New Year in 2010

Steve Stackhouse (Oct/Nov 09)
Has there ever been as tumultuous a year for the automotive industry as 2009? Auto industry experts offer predictions for 2010 and beyond. More
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Indiana  At A Glance
POPULATION: 6,376,792 (2008)

LABOR FORCE: 3,230,367 (2008)

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, hybrid vehicles, alternative energy/wind power, motorsports

COLLEGE GRADUATES: (Age 25 and over) 19.4%

BASIC BUSINESS TAXES:
Corporate Adjusted Gross Income Tax:
8.5 percent

Sales and Use Tax: 7 percent

Property Tax: Real estate and personal property are assessed at 100 percent of true value; rates vary locally; beginning in 2010, business property taxes will be capped at 3 percent of assessed value

BUSINESS INCENTIVES:
21st Century Research and Technology Fund
Certified technology parks
Direct loans and loan guarantees
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
Media Production Expenditure Tax Credit
Patent-Derived Income Exemption
Property tax abatement
Research and Development Tax Credit
Shovel-Ready Site Program
Skills Enhancement Fund
State and local financing programs
Tax increment financing
Trade Show Assistance Program
Venture Capital Investment Tax Credit

Indiana Chart
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