Learn more about relocating or expanding to Indiana

Indiana business climate, manufacturer incentives, and advantages of IN communities

Relocate or Expand to Indiana - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Indiana business climate, manufacturer incentives, and advantages of IN communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Indiana Business Data*

Indiana

Population: 6,423,113
Total Labor Force: 3,186,900
Unemployment Rate: 6.4%
Number of Manufacturers: 9,379
Manufacturing Jobs: 556,160
Right to Work: Yes
Unemp. Ins. Tax: 0.57.4%
 
Corporate Income Tax:
Currently 8.5%. Scheduled to be reduced to 6.5% by 2015 through 0.05% yearly reductions.

Sales Tax:
7%. Exemptions include: Raw materials, equipment, power, electricity and utilities used in manufacturing; purchases of research and development equipment.

Property Tax:
Assessed at market value and vary by local jurisdictions. Generally are capped at 3% for business property.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
16% Transportation equipment
13% Industrial machinery and equipment
10% Fabricated metal products
9% Primary metal industries
8% Rubber and miscellaneous plastic products

Largest Manufacturing Establishments:
(by number of employees)
Eli Lilly & Co. (Indianapolis) - 10,157
ArcelorMittal U. S. A. (East Chicago) - 6,000
United States Steel Corp., Gary Works (Gary) - 5,000
Naval Surface Warfare Center, Crane Div. (Crane) - 5,000
Toyota Motor Mfg. Indiana, Inc. (Princeton) - 4,500
 
Counties with the Most Manufacturing Jobs:
Marion - 83,072
Elkhart - 53,494
Allen - 34,670
Lake - 29,457
St. Joseph - 21,560

Cities with the Most Manufacturing Jobs:
Indianapolis - 82,153
Fort Wayne - 29,978
Elkhart - 25,175
Evansville - 18,371
Lafayette - 14,436

Manufacturing Related Business Incentives:
No gross receipts tax; no inventory tax
Hoosier Business Investment (HBI) Tax Credit
Industrial Recovery Tax Credit
Headquarters Relocation Tax Credit
Venture Capital Investment (VCI) Tax Credit
R & D Tax Credit
Patent Income Exemption
Economic Development for a Growing Economy (EDGE) Tax Credit program
Skills Enhancement Fund (SEF)
Industrial Development Grant Fund
Indiana 21st Century Research and Technology Fund
Matching Indiana Phase 1 Grants from the Indiana Economic Development Corporation (IDEC)


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Jay County Development Corp.
JCDC is the lead economic development organization and seeks to enhance the economic vitality of the Jay County Community.
118 S. Meridian St., Ste. B, Portland, IN 47371 (Map & Aerial View)
(260) 726-9311
(260) 726-4477 Fax
www.jaycountydevelopment.org


Muncie-Delaware County Economic Development Alliance
We allocate and leverage resources to sustain and enhance the economic growth, vitality and global competitiveness of Muncie-Delaware County as a superior business location. Services include site location assistance and customized research for business prospects.
P.O. Box 842, Muncie, IN 47308 (Map & Aerial View)
(765) 288-6681
www.muncie.com


Orleans Chamber Of Commerce
We are a historic small rural community located in scenic Southern Indiana with 'Mayberry' qualities. Experience the perfect Midwest small town...historic, charming & friendly! True Hoosier Hospitality awaits you here in the Dogwood Capital of Indiana.
P.O. Box 9, Orleans, IN 47452 (Map & Aerial View)
(812) 865-9930
www.historicorleans.com




Looking to reach Indiana manufacturers? Access the Indiana Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/20/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912