Indiana chosen for $3B electric vehicle battery plant, 1,700 jobs
After nearly a year of waiting, it’s official: A more than $3 billion electric vehicle battery cell plant is coming to northern Indiana.
Economic Development
Articles
IEDC battles $3 million mask lawsuit involving federal sting operation
Employees at a New York company thought they were arranging a $2.95 million face mask delivery — of what they claimed to be 1 million authentic masks — to Indiana’s Economic Development Corporation at the height of the pandemic.
Marijuana backers prepping for ‘inevitable’ legalization
With decriminalization or legalization seemingly off the table, advocates are turning their attention to a “trigger law” that would set up a regulatory framework for marijuana if the substance becomes legal at the federal level.
Boone County residents file legal challenge over LEAP annexation
A group of Boone County residents filed legal action Tuesday against the city of Lebanon, accusing the municipality of violating state and local zoning law when it annexed 5,200 acres of land and created a new zoning district for a manufacturing and tech hub.
In budget request, Holcomb doubles down on economic development strategy
Hoping to capitalize on a record-breaking year of $22.2 billion in committed capital investment, Gov. Eric Holcomb laid out an economic development agenda Wednesday that includes increased funding to buy land, close deals and improve the state’s workforce while attracting more jobs and employers to Indiana.
Supreme Court sympathetic to group convicted in NY scandal
The U.S. Supreme Court seemed ready Monday to side with a onetime top aide to ex-New York Gov. Andrew Cuomo and others convicted of corruption related to an upstate economic development project dubbed the Buffalo Billion.
Holcomb’s European trip touts Indiana as stable market amid energy turmoil
Gov. Eric Holcomb is pitching Indiana as a stable, attractive market for advanced manufacturing as he meets this week with business leaders in Germany and Switzerland.
Indiana governor in Taiwan following high-profile US visits
Indiana’s Republican governor met with Taiwanese President Tsai Ing-wen on Monday, following two recent high-profile visits by U.S. politicians that drew Beijing’s ire and Chinese military drills that included firing missiles over the island.
Holcomb defends abortion ban signing, rebuffs talent-attraction fears
Indiana Gov. Eric Holcomb on Wednesday defended his signing of a near-total abortion ban this month and brushed off fears of business and talent attraction consequences in the wake of statements from major homegrown employers.
U.S. House sends bill to aid computer chip industry to Biden
The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China.
Indiana has a $6.1 billion surplus. Will taxpayers get some of it back?
As the Legislature prepares to consider Gov. Eric Holcomb’s proposal to return $1 billion of the state’s surplus to taxpayers, some legislators, economists and business leaders are questioning whether putting that money directly into the pockets of Hoosiers is the best use of the windfall.
Holcomb, Chambers to visit Slovakia, Israel on economic mission
Indiana Gov. Eric Holcomb and Secretary of Commerce Brad Chambers will lead an economic development trip to Slovakia and Israel beginning March 27.
Longtime Chamber of Commerce leader Brinegar announces retirement plans
The Indiana Chamber of Commerce on Thursday announced retirement plans for Kevin Brinegar, who has led the statewide business advocacy group as president and CEO for the past 20 years.
Holcomb visits White House to urge Congress to pass innovation bill
Indiana Gov. Eric Holcomb joined President Joe Biden at the White House on Wednesday to urge Congress to pass funding provisions for legislation designed to boost economic competition and semiconductor chip production in the United States.
House, Senate remain at odds over tax, vaccine legislation at session’s halfway point
At the halfway point in this year’s legislative session, Republican leaders in the House and Senate continue to be at odds over the highest-profile issues of the session, including restrictions on employer vaccine mandates and tax cuts for businesses and individuals.
Holcomb paints rosy economic picture in State of the State address
Indiana Gov. Eric Holcomb painted a rosy picture of the state’s accomplishments in his sixth State of the State address, and he outlined steps he wants to take to keep up that momentum while acknowledging lingering challenges from the COVID-19 pandemic.
Business tax cuts top Holcomb’s 2022 agenda
Reducing the business tax on equipment and modernizing tax incentives to attract more businesses to Indiana are among the top items on Gov. Eric Holcomb’s 2022 legislative agenda.
$500M in READI grant funding dished out to all 17 applicants
Seventeen regions representing all corners of Indiana will each get a slice of $500 million in state-funded regional grants, with $65 million going to regions in the Indianapolis metro area.
State lawmakers eye business tax cuts
Whether Indiana lawmakers will cut business taxes in the 2022 session could be a $300 million question.
Holcomb: ‘The best is yet to come’
Indiana Gov. Eric Holcomb says despite challenges from the pandemic and workforce and supply chain issues, the state exceeded economic development goals in 2021, and the numbers suggest the momentum will continue into 2022.