Governor Eric J. Holcomb announced the end of a fourth consecutive, record-breaking year for economic development in Indiana, with the Indiana Economic Development Corporation (IEDC) securing 282 commitments from companies to locate or grow in the state. Together, these businesses plan to invest more than $5.6 billion in their Indiana operations and create up to 31,300 new Hoosier jobs with average wages of $28.13/hour – marking the highest annual record for new job commitments and the second-highest annual record for average wages since the IEDC was established in 2005.
“Despite being an incredibly challenging year for Hoosier businesses in many different ways, I’m extremely encouraged and inspired by the perseverance of our business community,” said Gov. Holcomb. “Achieving another record-breaking year for economic development in 2020 shows us that Indiana is on the right track and that better times are ahead for Hoosiers, with more than 31,000 new career opportunities over the next few years.”
For the full article, see this week’s edition of the Parke County Sentinel.