Category: News Releases

FOR IMMEDIATE RELEASE 2016: Businesses Commit to 20,000+ New Hoosier Jobs, Record Wages INDIANAPOLIS (Dec. 30, 2016) – In 2016, the Indiana Economic Development Corporation (IEDC) secured 227 commitments from companies across the country and around the world to locate or grow in Indiana. Together, these businesses plan to invest nearly $3.7 billion in their Indiana operations and create 20,320 new Hoosier jobs in the coming years. “Since day one of my administration, job creation has been job one and today more Hoosiers are working now than ever before,” said Governor Mike Pence. “Through sound policies and fiscal management, we have remained focused on creating a low-tax, low-cost, limited regulation business environment that has helped create record employment and investment in Indiana. Today, we celebrate the fact that Indiana ranks first in the Midwest and fifth in the nation for business, offering a world-class workforce and the tools needed for business growth. I am confident that Indiana will continue its economic success under the leadership of Governor-elect Holcomb, who will work tirelessly to ensure ample job opportunities exist for Hoosiers across the state.” These 20,320 new positions are expected to pay an average hourly rate of $25.43, or more than $52,800 annually, which is the highest annual average achieved since the IEDC was established in 2005. This average wage is 20 percent higher than the state’s 2015 average wage...