From the Fort Wayne Journal-Gazette:
The Indiana Economic Development Corporation announced today that this year it has already worked with 220 companies that have made decisions to expand or establish new business operations in Indiana, outpacing the 219 decisions by companies announced at year-end last year and every other year on record.
“With nearly five weeks left in the year, 2012 has already broken the state’s all-time record for number of deals won,” said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. “This is especially remarkable considering the ongoing concerns over the ‘fiscal cliff’ that have caused many companies to curtail investment plans.”
The 220 companies anticipate investing $3.6 billion in their Indiana operations and creating 20,866 new jobs in the coming years. These new positions pay an expected average hourly wage of $22.35, above the state’s current hourly wage of $19.66. Meanwhile, the average amount of state conditional tax incentives offered to companies on a per job basis is $8,916, down from around $37,000 in previous administrations.
“Under Governor Daniels’ leadership, this administration has taken pride in tackling challenging but common sense issues to make Indiana the most sought-after business location in the country,” Hasler said. “From its right-to-work status to its falling corporate and property taxes to its AAA credit rating, these results are proof that Indiana works for business.”
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