Page 26 - FDI Alliance International Magazine, July 2019 Interactive Issue_Neat

GOVERNOR
ERIC HOLCOMB
STATE OF

INDIANA

Indiana is a Midwestern U.S. state known for its farmland tax structure is also very competitive. Indiana’s corporate Indiana is the global leader in advanced industry
and renowned auto race, the Indianapolis 500, held income tax is decreasing from the current 6.5% to 4.9% innovation and are helping develop the next generation Technology continues to saturate throughout every concentrated in two historically strong sectors: air companies and family-owned businesses spanning the state
at the Indianapolis Motor Speedway. In the capital, by 2021. As the decrease is phased in, the tax rate will of life-changing ideas. And they value performance at all business sector, and manufacturing is no exception. transportation and storage and fulfillment services. and of entrepreneurs and researchers creating tomorrow’s
Indianapolis, theaters and galleries line Massachusetts drop each year. Indiana has a flat state corporate tax levels, through business, athletics and artistic expression. Once thought of as a “low-tech” business sector, Major employers include Express Scripts, Amazon, solutions.
Avenue. The city’s Downtown is home to the iconic rate on adjusted gross income and no gross receipts manufacturing operations today are increasingly Celadon and FedEx.
Soldiers and Sailors Monument, the Canal Walk tax or inventory tax. Indiana’s efforts to make the metropolitan area as advanced in their integration of robotics, “smart” Indiana is a leading production agriculture state and is
promenade and the Indianapolis Museum of Art and alluring and compassionate as possible for small manufacturing technologies, and automated processes. According to TEConomy Partners, agribusiness is a home to nationally recognized and expanding life sciences,
its wide-ranging collections. The Economic Development for a Growing Economy business growth, existing business expansions, and new With companies like Rolls Royce, significant economic driver of Indiana’s economy, employing tech and advanced manufacturing industries. There
Tax Credit provides an incentive to businesses to support business relocations, an Ample Economic Development just over 75,000 individuals, not including primary are significant research and training capabilities at our
Indiana is a U.S. state located in the Midwestern and jobs creation, capital investment and to improve the Strategy process was initiated in partnership with the City The Indianapolis region’s life sciences sector delivers production workers (farming). As a result, the bioscience colleges and universities. And, a bioscience community is
Great Lakes regions of North America. Indiana is the standard of living for Indiana residents. of Indianapolis, the Central Indiana Council of Elected residents with enormous economic opportunity. industry represents more than 3 percent of Indiana’s total robust, diverse and committed to Indiana being home to
38th largest by area and the 17th most populous Officials (CICEO) and other regional partners, including On average, workers within life sciences employers private sector employment. The Indy region is a major player unparalleled talent and innovation.
of the 50 United States. Its capital and largest city is At a time when other states are raising taxes to keep financial sponsor JPMorgan Chase. earned more than two times the regional average. in this space with leaders such as Elanco, Beck’s Hybrids
Indianapolis. Indiana was admitted to the United States up with mounting state debt, Indiana’s long history of Major employers include Eli Lilly & Co., Anthem, Roche and AgReliant Genetics. The bottom line is Indiana is building economic strength and
as the 19th U.S. state on December 11, 1816. Indiana smart fiscal choices, balanced state budgets and cash Through honest and well-informed assessments of the Diagnostics and Dow AgroSciences. impetus, and it’s propelling us on a trajectory toward growth
borders Lake Michigan to the northwest, Michigan to reserves in a rainy-day fund puts the Hoosier State in region’s competitive position and economic growth, this Sports is a catalyst for development and positive change and prosperity. How by get started laying the groundwork
the north, Ohio to the east, Kentucky to the south and a position to actually lower taxes. Indiana’s corporate process has resulted in a new, holistic strategy aimed The Indy region has carved out a robust role in marketing throughout the Indianapolis region. They have a rich history to help your business grow in Indiana.
southeast, and Illinois to the west. income tax rate is steadily decreasing each year, from at helping the region focus economic development technology, anchored by major employers such as of hosting professional and amateur sporting events, most Indiana is a state that works because it’s about more than
Indiana’s infrastructure ranks second in the nation the current 6.5% to 4.9% by 2021. resources in a manner that maximizes efficiency and Salesforce, Genesys, and Appirio. According to notably the Indy 500, the world’s largest one day sporting just good business sense. It’s about building something
according to CNBC’s Ranking of America’s Top States effectiveness, enhances prospects for quality growth, Techpoint research, almost half of Indiana’s information event. Home to the NCAA, Indiana Sports Corp, the that will last. It’s about the freedom to set their own terms.
for Business 2018. Indiana spent years adopting sound fiscal policies, and and increases prosperity for business and workers in technology workforce calls the Indy region home. Dallara IndyCar Factory, and a wide array of professional It’s about the place They call home.
today they are one of only a handful of U.S. states with the Greater Indy Region. sports teams, the Indy region knows a thing or two about
Indiana is Top 5 in the U.S. for business according to a AAA credit rating and an actual budget surplus. With Logistics companies within the Indianapolis region are competition. Indiana draws its strength from vibrant cities and towns,
Chief Executive magazine, 2018. lowering business taxes this year, next year, and every Economic conditions continued to improve in 2018 principally involved in transportation and distribution beautiful state parks and trails, a bold history of sport and
year after that through 2021. They are one of the top and the outlook for 2019 is positive. There is hard activities – linking raw material producers, product As the nation’s BEST state for small-business regulatory culture, and some of the most amazing people you’ll
Indiana offers many business tax incentives, corporate states for regulatory freedom, and we’re defining a work ahead, but the state’s leaders have proven that manufacturers, retailers, and end consumers together. climate and the 2nd-best place to do business, Indiana’s ever meet who are delivering craft, passion and brilliance
tax credits and economic development programs for new standard of opportunity for businesses to reach they can tackle major challenges and look to the future. Within the Indianapolis region, logistics activities are story is one of innovation and research, of globally traded to Indiana.
companies creating new jobs and investment. Business their full potential.

26 FDI ALLIANCE | JULY ISSUE 2019