Indiana Ranks Top in New Jobs Through Foreign Investors
Indiana leads the nation in attracting new jobs through foreign investment for the second consecutive year, according to the latest annual Global Location Trends report released by IBM Global Business Services.
Released during an annual meeting of the International Economic Development Council in Atlanta, the report lists the state as number one per capita for job attraction from international investment and number two overall for the attraction of production jobs from international companies.
“Governor Daniels’s early decision to revamp our state’s economic development efforts continues to pay dividends for Hoosiers,” said Nathan Feltman, secretary of commerce and chief executive of the Indiana Economic Development Corporation. “The Governor’s efforts to in-source jobs from around the world to Indiana compliment our efforts to retain and grow home-grown Indiana companies around our state.”
Since 2005, international companies have invested more than $8 billion into their Indiana operations, creating more than 15,800 new jobs.
The news of Indiana’s award-winning efforts to attract investment comes as the Indiana Economic Development Corporation is poised for a fourth consecutive year of record-breaking commitments for new jobs and investment. Since January, 130 businesses have committed to create 16,120 new jobs and invest more than $3.9 billion in their Indiana operations.
Following the governor’s creation of the agency in 2005, the state has logged three years of record-level attraction of new job-creating investment. Cumulatively since its inception, the Indiana Economic Development Corporation has worked with more than 600 companies that have committed to create more than 75,000 new jobs and invest more than $18 billion in their Indiana operations. Nearly two-thirds of all projects completed involve expansions of existing Indiana businesses.
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