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Advanced Manufacturing INDIANAPOLIS REGION ADVANCED MANUFACTURING 111 Monument Circle Suite 1950 Indianapolis, IN 46204 Indy Partnership About Us Who We Are The viability of the Indianapolis region’s strong business climate is creating a buzz of growth. Expansion and attraction projects announced in 2017 will add over 15,200 jobs and over $1.8 billion in capital investment to the region, leading to an ever stronger business climate. A business unit of the Indy Chamber, Indy Partnership is the regional marketing organization for the Indianapolis Region, concentrating its efforts in the following industry clusters: Life Sciences; Motorsports; Distribution and Logistics; Advanced Manufacturing; Technology; and Agribusiness. Located in the heart of the U.S., the Indianapolis Region is one of the best locations in all of North America from which to reach The Indy Partnership’s staff has decades of key U.S. and Canadian markets. cumulative project experience and offers start-to-finish assistance to help businesses make an informed, Our Services strategic location decision. The Indy Partnership provides clients with solid, quantifiable numbers on Information and Data Assistance: workforce, cost of doing business - including Our research team can help you analyze incentives and taxes - available sites, transportation prospective locations by providing cost of doing options and additional relevant data on a county-by- business information, utility rate estimates, county or region-wide basis. community profiles, wage data, demographics and education and training resources. Our business development professionals, working with our local county partners, assist companies throughout Location Assistance: the site selection process as they choose the ideal We’ll provide accurate information on available location for an expansion or location. Let us put our buildings and land to match your exact facility team to work for you. requirements. For more information, visit www.indypartnership.com. Business Incentives: We look forward to hearing from and working with you! We can assist you in identifying applicable incentive programs and estimate the value of qualifying programs, aid in interpretation of incentive packages and connect you to the state and local leaders who can help move your project to completion. The 9-county Indianapolis Region includes Boone, Hamilton, Hancock, Indy Partnership Hendricks, Johnson, Madison, Marion, Morgan and Shelby counties. E-mail: [email protected] Website: www.indypartnership.com Last Updated 5/17/2018 Indianapolis Region Regional Partners Regional Partners The Indy Partnership is a not-for-profit organization dedicated to strengthening the economic growth of the Indianapolis Region. We work closely with economic development organizations in the 9-county region that includes Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Morgan and Shelby counties. If you have questions about a specific area of the Indianapolis Region, we encourage you to talk to one of the professionals listed below. HAMILTON COUNTY CITY OF FISHERS CITY OF NOBLESVILLE CITY OF WESTFIELD Brandon Dickinson Judi Johnson Todd Burton Director of Economic Development Economic Development Director Chief of Staff, Economic & Community Development 317-595-3100 317-776-6345 317-804-3170 [email protected] [email protected] [email protected] CORPORATION FOR ECONOMIC DEVELOPMENT BOONE COUNTY ECONOMIC (SERVING MADISON COUNTY) DEVELOPMENT CORPORATION Rob Sparks Molly Whitehead Executive Director Executive Director 765-642-1860 765-482-5761 [email protected] [email protected] HANCOCK ECONOMIC HENDRICKS COUNTY ECONOMIC DEVELOPMENT COUNCIL DEVELOPMENT PARTNERSHIP Skip Kuker Jeff Pipkin Executive Director Executive Director 317-477-7241 317-745-2400 [email protected] [email protected] DEVELOP INDY MORGAN COUNTY ECONOMIC (SERVING MARION COUNTY) DEVELOPMENT CORPORATION Ian Nicolini Mike Dellinger Vice President, Indianapolis Executive Director Economic Development 317-831-9544 317-464-2218 [email protected] [email protected] JOHNSON COUNTY DEVELOPMENT CORPORATION SHELBY COUNTY DEVELOPMENT Dana Monson CORPORATION Interim President and CEO Brian Asher 317-736-4300 Executive Director [email protected] 317-398-8903 [email protected] The 9-county Indianapolis Region includes Boone, Hamilton, Hancock, Indy Partnership Hendricks, Johnson, Madison, Marion, Morgan and Shelby counties. E-mail: [email protected] Website: www.indypartnership.com Last updated 6/5/2018 Indianapolis Region Business Community Largest Regional Employers Regional Company County Industry Employees City, County & Township Government 77,249 Regional Government Offices State of Indiana 33,520 Regional Government Offices IU Health 23,187 Regional Hospitals and Healthcare St. Vincent Hospitals & Health Center 17,398 Regional Hospitals and Healthcare Federal Government 16,918 Regional Government Offices Community Health Network 11,328 Regional Hospitals and Health Care Pharmaceutical Development, Manufacturing Eli Lilly and Company 10,005 Marion and Distribution Walmart 8,926 Regional Retail Department Stores Kroger 7,675 Regional Retail Grocers Boone/Marion/ Amazon 5,000+ Order Fulfillment Hendricks FedEx 5,000 Marion Package and Freight Shipping Anthem 4,866 Marion Health Benefits and Insurance Eskenazi Health 4,620 Marion Hospitals and Healthcare Meijer 4,594 Regional Retail Department Stores Marion/ Surgical and Medical Diagnostic Instrument Roche Diagnostics 4,500 Hamilton Development, Manufacturing and Distribution Indiana University-Purdue University 4,354 Marion Colleges and Universities Indianapolis Defense Finance & Accounting Service 4,337 Marion US Department of Defense Payment Services Franciscan St. Francis Health 4,300 Regional Hospitals and Healthcare IU School of Medicine & IU School of 4,040 Marion Colleges and Universities Dentistry Rolls-Royce 4,000 Marion Aircraft Engine Development and Manufacturing United Parcel Service 4,000 Regional Package and Freight Shipping Archdiocese of Indianapolis 3,650 Regional Catholic Organizations Roudebush VA Medical Center 2,971 Marion Hospitals and Healthcare Covance 2,800 Marion Contract Laboratory Services Goodwill Industries of Central Indiana 2,600 Regional Education, Training and Commercial Services The 9-county Indianapolis Region includes Boone, Hamilton, Hancock, Indy Partnership Hendricks, Johnson, Madison, Marion, Morgan and Shelby counties. E-mail: [email protected] Website: www.indypartnership.com Last Updated 2/22/2018 Indianapolis Region Business Community Largest Regional Employers Continued Regional Company County Industry Employees Allison Transmission 2,500 Marion Heavy-Duty Transmission Manufacturing Lowe’s 2,123 Regional Home Improvement Stores Chase 2,100 Regional Banking and Financial Services AT&T 2,000 Marion Telecommunications Target 1,849 Regional Department Stores F.A. Wilhelm Construction 1,750 Marion Construction Duke Energy 1,835 Hendricks Electric Utility Kohl’s 1,835 Regional Department Stores CVS/Pharmacy 1,800 Regional Health and Beauty Product Stores Navient 1,700 Hamilton Education Loan Servicing Salesforce 1,700 Marion Cloud-Based Marketing Service Raytheon 1,600 Marion Electronics Testing and Analysis Laboratory OneAmerica/State Life Insurance 1,600 Marion Insurance/Financial Products and Services Lowe’s 1,500 Marion Customer Contact Center Corteva Agriscience 1,480 Marion Agricultural Chemicals & Biotechnology Liberty Mutual 1,430 Marion Insurance Indianapolis Power & Light Company 1,400 Marion Electric Utility BMW Constructors 1,350 Marion Construction Riverview Hospital 1,350 Hamilton Hospitals and Healthcare Hendricks Regional Health 1,330 Hendricks Hospitals and Healthcare Menards 1,250 Regional Home Improvement Stores GEICO 1,250 Hamilton Customer Contact Center Walgreens 1,239 Regional Health and Beauty Product Stores CNO Financial 1,200 Hamilton Insurance Red Gold 1,200 Madison Tomato Products Butler University 1,134 Marion Colleges and Universities Citizens Energy Group 1,100 Marion Water and Natural Gas Utility Finish Line 1,100 Marion Sports Apparel Keihin North America 1,050 Madison/Hancock Motor Vehicle Parts Sources: Indianapolis Business Journal, Reference USA, Indy Chamber, Indy Partnership, 2018 The 9-county Indianapolis Region includes Boone, Hamilton, Hancock, Indy Partnership Hendricks, Johnson, Madison, Marion, Morgan and Shelby counties. E-mail: [email protected] Website: www.indypartnership.com Last Updated 2/22/2018 Indianapolis Region Cost of Doing Business . Lowest cost of doing business among Great Tax Structure Lakes States . 2nd lowest worker comp rates in U.S. Personal Income Tax . Lowest property tax ranking in the Midwest Current State Rate 3.23% . Best overall tax climate in the Midwest Local Option Tax (rates vary by county) . Best infrastructure in the Midwest Range: 1.0 – 2.72% . Rates are applied to adjusted gross income and do not vary based on No inventory or franchise taxes income. Source: Indiana Department of Revenue, 2018 . No tax on most business services . Indiana is a Right To Work State Indiana Corporate Adjusted Gross Income Tax Sources: CNBC, State of Indiana, Tax Foundation Current Rate 5.75% Rate will decrease annually on July 1, resulting in a 4.9% Real Estate Costs rate on July 1, 2021. Rates are applied to adjusted gross income and do not vary based on income. Various incentives are available to eligible companies to reduce Industrial Market (Q3 2018) this
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