Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew
Indiana Resources Page
Inward Investment Guides

Veterans: A Natural Fit to Close the Skills Gap

Dan Emerson (Workforce Q1 2015)
National, regional, and corporate initiatives are helping to connect those leaving the military, who need careers, with U.S. employers, who need skilled workers. More

Slideshow: 2014 Gold and Silver Shovel Award Recipients

Area Development Magazine Special Presentation (Directory 2015)
Shown here are 12 of the recipients of Area Development’s 2014 Gold & Silver awards, which were bestowed in recognition of the states’ efforts to capture new facility and expansion projects that resulted in significant investment and job creation. All told, 20 states were recognized for their efforts. More

Regional Report: Advanced Industry Clusters Fueling Growth in the Midwest States

Mark Crawford (Directory 2015)
Economic growth in the Midwest was steady in 2014, thanks to solid performances by the agriculture and manufacturing sectors, especially transportation equipment. The economy also got a boost from the surging energy sector, led by oil-shale production in Ohio, which improved sales for supporting industries like sand, chemicals, and steel drill pipe made in Midwestern steel plants. More

Water: The New Blue Economy?

Dale D. Buss, Staff Editor,  (Directory 2015)
As companies plan for the future, water keeps pushing itself onto their agendas like an incessant tide. Water resources clearly are rising in significance in many site location decisions, and industry participants expect ‘water pressure’ to keep climbing. More

Critical Site Selection Factor #6: Available Buildings - Can’t Get Much Tighter

Dale D. Buss, Staff Editor,  (Q4 2014)
Now that we are in a clear growth mode, companies seeking industrial, distribution, R&D facilities, and office space increasingly are pressed to find existing buildings that will accommodate their needs. More

Critical Site Selection Factor #9: Low Union Profile - Unions Still a “No-Go” Factor for Many

Dale D. Buss, Staff Editor,  (Q4 2014)
Having a low union profile ranked as slightly more important in Area Development’s latest Corporate Survey, up one position to #9. But in a similarly incremental sense, U.S. unions overall actually may have gained some ground over the last year. More

Six Predictions Regarding the Industrial RE Market Recovery and How They Have Played Out

John Morris, SIOR, Industrial Services Lead for the Americas, Cushman & Wakefield, Inc. (Q4 2014)
When the industrial real estate recovery began, the trends that likely would drive its transformation and progress became a favorite discussion topic among industry practitioners. Just a few years later, our sector continues on a solid, positive trajectory. Now feels like a good time to look at whether those early prognostications have played out. More

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

INDIANA at a glance

POPULATION: 6,537,334 (2012 Annual Estimate, US Census)

LABOR FORCE: 3,149,743 (2012 Annual Average BLS)

RIGHT TO WORK: Yes

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

EXPANDING INDUSTRIES: Aerospace, life sciences, advanced manufacturing, automotive, distribution and logistics, information technology, national security and defense, motorsports health care services, entrepreneurship and innovation, insurance and financial services

COLLEGE GRADUATES: (Age 25 and over): 23.4% (ACS 2012 estimates)

BASIC BUSINESS TAXES:
Corporate Adjusted Gross Income Tax: 7 percent in 2014 and declining to 6.5 percent in 2015

Individual Income Tax: Flat rate of 3.4 percent covers most 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

Community Revitalization and Enhancement District Tax credit

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

Research and Development Tax Credit

Skills Enhancement Fund

State and local financing programs, including real and personal property tax abatement and tax increment financing

Venture Capital Investment Tax Credit

Principal Manufacturing industries

  • Transportation Equipment
    23.0%
  • Fabricated Metal Products
    11.0%
  • Primary Metal Industries
    8.5%
  • Machinery
    8.2%
  • Food Mfg.
    7.1%
  • Rubber & Plastic Products
    6.6%
  • Furniture & Related Products
    6.1%
  • Chemicals
    5.5%
  • Computer & Elecronic Products
    3.3%
  • Printing
    2.9%
  • Other Manufacturing Industries
    17.8%