Governor Eric J. Holcomb joined executives of Meta Platforms Inc. (NASDAQ: META) today as the company announced plans to establish a new $800 million data center campus in Indiana. The new facility in Jeffersonville will support approximately 100 operational jobs and hundreds of construction jobs in the coming years.
IEDC | Jan. 25, 2024
Ivy Tech and Purdue University today signed a memorandum of collaboration on the Ivy Tech Columbus campus for a new program called Green2Gold that will offer a combined Associate of Science (AS) in engineering from Ivy Tech and a Bachelor of Science (BS) in engineering from Purdue. The new collaboration is aimed at growing Indiana’s engineering workforce and creating another pathway for Indiana residents to become Purdue engineers.
Ivy Tech | Jan. 24, 2024
Today Ontario and Indiana finalized a new Memorandum of Understanding (MOU) to promote increased trade, attract investment and continue to collaborate in key sectors such as infrastructure, energy, life sciences, automotive and advanced manufacturing. The MOU was signed by Doug Ford, Premier of Ontario, and Eric Holcomb, Governor of Indiana, at a ceremony at the Ontario Legislature. The leaders were joined by Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade, and Ann Lathrop, Chief Strategy Officer of the Indiana Economic Development Corporation.
Ontario | Jan. 23, 2024
Indiana's business landscape is increasingly marked by the presence of South Korean firms, with 14 companies already established and more on the horizon. This includes high-profile ventures like Samsung SDI's investment in constructing multiple EV battery manufacturing facilities in Kokomo and New Carlisle, in collaboration with industry giants Stellantis and General Motors. These projects, particularly the $3.2 billion EV battery manufacturing operations in New Carlisle announced in October last year, have made headlines for choosing Indiana over other lucrative offers, such as Michigan’s tempting $1 billion subsidy bid for a similar battery facility.
The Korea Herald | Jan. 23, 2024
Plug and Play, the leading global innovation platform, is excited to announce the opening of its newest office in Warsaw, Indiana, focused on the rapidly growing medtech industry. This expansion further strengthens Plug and Play's commitment to fostering innovation in healthcare and supporting the development of groundbreaking technologies.
PR Newswire | Jan. 17, 2024
Through INTAP, eligible small businesses may apply to receive up to $15,000 in professional services from a qualified vendor to complete growth and improvement projects that require specialized assistance or technical expertise. Such projects include app or technology development, inventory and point of sale tracking system updates or training, intellectual property legal assistance, grant writing assistance for the Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) programs, and more. The program is administered in partnership with Ivy Tech Community College Bloomington's Cook Center for Entrepreneurship, which houses the South Central Indiana SBDC regional office.
IEDC Release | Jan. 17, 2024
Governor Eric J. Holcomb announced at tonight’s State of the State address that Lilly Endowment Inc. has awarded a $250 million grant to help bolster quality of place efforts throughout the state. The grant to the Indiana Economic Development Corporation (IEDC), which is the single largest award given in Lilly Endowment’s 86-year history, will be administered in conjunction with the nationally recognized Regional Economic Acceleration and Development Initiative (READI). The funds will help accelerate the state’s support for rehabilitating deteriorated or abandoned properties and strengthening varied arts and culture initiatives. The goal is to foster more vibrant and livable communities across Indiana for generations to come.
State of Indiana | Jan. 9, 2024
Imec is joining forces with Purdue University for R&D on novel semiconductor materials, systems, and sustainable manufacturing and has a Memorandum of Understanding (MOU) with the University of Michigan to jointly advance semiconductor technologies for the automotive industry. As part of the collaboration agreements, imec will set up a physical presence in both locations to support smooth collaboration and enriched knowledge sharing – to the benefit of all parties.
Silicon Semiconductor | Jan. 5, 2024
Indiana Governor Eric J. Holcomb and Secretary of Commerce David Rosenberg today highlighted the 2023 economic successes in each focus area of the Indiana Economic Development Corporation’s (IEDC) strategic vision, concluding the seventh consecutive record-breaking year for economic development in Indiana. In 2023, 208 companies committed to locate or expand in Indiana, investing more than $28.7 billion (+29% from 2022) in their operations and creating 21,866 new jobs with an average wage of $36.07/hour – or approximately $75,025 annually (+3.9% from 2022 and +10.2% the national average wage). This marks the highest capital investment and annual record for average wages since the IEDC was established in 2005.
IEDC Release | Jan. 3, 2024
