NORTHEAST REGIONAL PROFILE

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THE 11 COUNTIES OF NORTHEAST INDIANA ADAMS >> ALLEN >> DEKALB >> HUNTINGTON >> KOSCIUSKO >> LAGRANGE >> NOBLE >> STEUBEN >> WABASH >> WELLS >> WHITLEY TARGET INDUSTRIES OF NORTHEAST INDIANA

DEFENSE & AEROSPACE DISTRIBUTION & E-COMMERCE FOOD & AGRICULTURE

MEDICAL DEVICE SPECIALTY INSURANCE VEHICLES

MAJOR EMPLOYERS COMPANY PRODUCT EMPLOYMENT* General Medical & Surgical 10,930 Systems Hospitals General Medical & Surgical 5,317 INDIANA WAS THE FIRST Lutheran Health Network Hospitals RIGHT-TO-WORK STATE IN THE Zimmer Biomet Orthopedic Supplies 4,370 General Motors Trucks 3,900 GREAT LAKES REGION OF THE U.S. Scrap Metal Processing & 2,902 Steel Dynamics, Inc. Steel Manufacturing Right-to-work laws prohibit agreements Sound Recording Studio and 1,970 Sweetwater Sound between labor unions and employers that make Equipment Distribution membership or payment of union dues or fees a Lincoln Financial Group Insurance 1,954 Book and Other Specialized 1,585 condition of employment. LSC Communications Printing Aerospace/Defense 1,550 BAE Systems Contractor

BFGoodrich Tires 1,475

*Full-time employees in Northeast Indiana EMPLOYMENT & WAGES Source: Community Research Institute at Purdue , 2020 Q4 2020 REGIONAL 2020 REGIONAL REGION OCCUPATION EMPLOYMENT WAGE /US ANNUAL EMPLOYMENT WORKFORCE BY PRIVATE INDUSTRY Management 19,247 $44.11 80.3% Legal 1,710 $52.73 96.7% Computer & 5,888 $34.83 77.9% 29.3% Manufacturing Mathematical Architecture & 20.0% Trade, Transportation & Utilities 7,350 $35.76 83.4% Engineering 17.2% Education & Health Services Healthcare Practitioners 21,358 $36.97 90.5% & Technical 9.7% Leisure & Hospitality Business & Financial 14,206 $32.08 83.2% 8.7% Professional & Business Services Operations Life, Physical & Social 1,572 $33.50 87.9% 5.0% Construction Science 4.4% Financial Activities Construction & Extraction 18,403 $22.16 90.4% Education, Training Other Services 18,087 $22.19 80.4% 3.4% & Library Information Installation, Maintenance 1.0% 18,899 $22.41 93.6% & Repair Natural Resources & Mining 0.8% Source: Emsi, 2020.4; QCEW

Source: U.S. Bureau of Labor Statistics, QCEW 2019 POPULATION GROWTH YOUR MONEY GOES FURTHER HERE

1980* 626,654 It’s 44% more affordable to buy a house in Fort Wayne compared to the national average, 1990* 651,444 and property tax is capped at 1%.

2000* 725,556 Source: National Association of Realtors, 2020

2010* 759,086 INDIANA HAS LEGISLATED 0.25% YEARLY REDUCTIONS 2019^ 789,735 in the Corporate Adjusted Gross Income Tax 2030 1 MILLION PROJECTED until it reaches 4.9% in 2021.

Source: *US Census Bureau Decennial Census; ^US Census Bureau, Population Estimates

STATE TAXES

7% 5.25% 3.23% 3% 0% Sales & Use Tax Corporate Individual Income Tax Business Personal Gross Receipts & Income Tax Property Tax Inventory Tax

Source: Indiana Handbook of Taxes, Revenues and Appropriations FY, 2020

TRANSPORTATION

AVERAGE INDUSTRIAL Served by two major interstate highways, UTILITY COSTS RATE (COST/KWH) I-69 (North/South) and I-80/90 (East/West), also known as the Indiana Toll Road.

Fort Wayne International Airport is home $.0731 to four major carriers: Allegiant Air, American,

Delta and United. Non-stop flights include: Atlanta, $.0707 Charlotte, Chicago, Dallas, Detroit, Minneapolis and Philadelphia. $.0730 Served by two Class I freight railroads, CSX and Norfolk Southern. $.0652 $.0736 $.0655

NATURAL GAS

NIPSCO and Vectren are the region’s US AVERAGE: $.0681 primary suppliers of natural gas. Source: U.S. Energy Information Administration, 2019 TALENT PIPELINE NORTHEAST INDIANA REGIONAL PROFILE DEGREES AWARDED BY REGIONAL UNIVERSITIES HIGHER EDUCATION

APPROX. ENROLLMENT INSTITUTION* FALL 2020 18.2% Purdue Fort Wayne 10,139 Engineering, Ivy Tech Northeast 9,155 Computers, Math Indiana Tech 6,932 19.2% 4,972 Health University of Saint Francis 2,199 26.2% Grace College 2,029 Business Manchester University 1,525 36.5% Huntington University 1,302 Other Indiana Wesleyan Fort Wayne 291 Source: Community Research Institute at Purdue Fort Wayne, 2020 Q4, Source: Community Research Institute at Purdue Fort Wayne, 2020 Q4, National Center National Center for Education Statistics, Indiana Wesleyan, Ivy Tech for Education Statistics, Indiana Wesleyan, Ivy Tech, Manchester University, Huntington University, Trine University

*Universities and colleges accredited by the North Central Association of Colleges & Schools

Similar to the continental values of innovation and uniting our company with a diverse workforce, the Northeast Indiana Colleges and Universities Network is a powerful source for cultivating highly- qualified candidates who are interested in laying a foundation in Northeast Indiana. The Northeast Indiana Colleges and Universities network is a collaborative effort among 10 unaffiliated higher education institutions. This unique consortium is designed to ensure that employers considering a Scott Bykowski relocation or expansion in Northeast Indiana have ADVANCED DYNAMICS SOLUTIONS BU – AVS SEGMENT access to the talent they need.

Contact us to learn how the Northeast Indiana Regional Partnership can help your business thrive.

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Incentives, grants, workforce training and special programs Industry-specific information and regional data Site and building locations NEINDIANA.COM/RegionalProfile

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