|FOR IMMEDIATE RELEASE
Governor Pence Leading Jobs Mission to High-Tax New York Metro Area
INDIANAPOLIS (Aug. 5, 2015) – Governor Mike Pence will lead a delegation of Hoosier business leaders and economic development professionals on a two-day jobs mission to the New York metropolitan area.
The Indiana delegation will meet with a number of location advisors, developers and company executives from the New York metropolitan area, including New York, New Jersey and Connecticut, to discuss ongoing opportunities for relocating or growing operations in Indiana. This is the State’s ninth annual trip to the area to promote Indiana’s low-cost, low-tax business friendly climate.
“Indiana’s business climate continues to attract investment from around the Midwest and the nation,” said Pence. “Companies come to Indiana because they’re looking for somewhere to expand with ease and affordability. Our Hoosier workforce is skilled, experienced and committed, and because of hard work sparked across the state through the Regional Cities Initiative, we’re shining the spotlight on Indiana for talent everywhere by building vibrant regions across our state. This jobs mission is all about sharing Indiana’s story, including our bright and innovative future, and working to bring even more jobs to Indiana for Hoosiers.”
Pence, along with Secretary of Commerce Victor Smith, will depart for New York City today and return to Indiana on Thursday. The Governor’s travel is being funded through private donations to the Indiana Economic Development Foundation.
Indiana continues to make headlines for its business-friendly climate. In June, the Hoosier State ranked No. 1 for cost of doing business by CNBC, while New York, New Jersey and Connecticut ranked No. 44, No. 43 and No. 47, respectively. And in May, Indiana was recognized as first in the Midwest and sixth nationwide as the best state for business by Chief Executive magazine. New York, New Jersey and Connecticut each rank in the bottom ten.
“The numbers show why businesses continue to choose the Hoosier State,” said Smith. “From tax rates and cost of living to unemployment and private sector job growth, it’s clear that Indiana is the best choice for companies looking to grow. With an unemployment rate now below 5 percent, we’re working to attract and retain top talent through the Regional Cities Initiative, growing our workforce to support innovative companies that keep choosing Indiana.”
The Indiana Regional Cities Initiative (HB 1403) sets the framework for neighboring communities across the state to work together to develop vision and action plans for quality of place initiatives, with plans for at least $1 billion in joint private and public investment over the next decade. The initiative has sparked action across the state as multiple regions are working to finalize applications for matching funds by August 31.
This job-hunting mission comes amid the Indiana Economic Development Corporation’s (IEDC) ongoing marketing campaign, A State That Works, which is designed to draw attention to the numerous reasons why Indiana is a state that works for business. Launched in May 2013, the campaign traditionally targets high-tax states, which, in addition to the New York metropolitan area, also includes Illinois, Massachusetts and California.
In January, the IEDC ran a 30-second TV commercial during the AFC Championship football game between the Indianapolis Colts and the New England Patriots. And last year, the IEDC ran a full-page ad in The New York Times inviting New York businesses to move to Indiana. To date, AStateThatWorks.com has had more than 118,000 visitors and its digital advertisements have been viewed more than 34 million times.
Members of the delegation are:
Governor Mike Pence
Victor Smith, Indiana Secretary of Commerce
Kent Anderson, IEDC
Don Babcock, Northern Indiana Public Service Company (NIPSCO)
Fred Bean, Northeast Indiana Regional Partnership
Jim Finan, Indiana Michigan Power
Matt Hall, South Central Indiana Economic Development Group
Trevor Lane, IEDC
Bill Petranoff, Duke Energy
Jeff Quyle, Hoosier Energy
Susan Reed, Indiana Municipal Power Agency
Erin Schneider, IEDC
Jim Staton, IEDC
Kelly Nicholl, IEDC
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, focusing on helping companies grow in and locate to the state. Governed by a 12-member board chaired by Governor Mike Pence, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.
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Abby Gras (IEDC) – 317.232.8845 or email@example.com