Indiana Economic Development Corporation

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Indiana Economic Development Corporation The Indiana Economic Development Corporation is the state's lead economic development agency.

The Indiana Economic Development Corporation (IEDC) leads the state of Indiana's economic development efforts, helping businesses launch, grow and locate in the state. The IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts.

Secretary of Commerce Chuck Goodrich met with leaders at Mitsubishi Materials Corporation in Japan yesterday to explore ...
10/15/2026

Secretary of Commerce Chuck Goodrich met with leaders at Mitsubishi Materials Corporation in Japan yesterday to explore how Indiana and Japan can join forces to strengthen critical mineral supply chains across the Pacific.

The company is invested in the Japan‑U.S. Critical Minerals Project to develop and refine rare earths, copper and other critical minerals — in part through Indiana entities Exurban and ReElement Technologies. These initiatives support Governor Mike Braun’s work to build an independent supply chain for critical earth minerals.

Following his visit with Mitsubishi, Secretary Goodrich met with representatives of JETRO (Japan External Trade Organization) to reaffirm our shared commitment to driving innovation and collaboration in support of future opportunities.

Finally, Mr. Goodrich met with officials at Subaru Corporation in Tokyo, celebrating 40 years of Subaru of Indiana Automotive in Lafayette with Chairman Fumiaki Hayata. Half of all Subarus sold in the U.S. are made in Indiana, and we remain committed to the company’s continued success in our state.

Thanks to all for warmly welcoming our team.

On day two of his visit to Japan, Indiana Secretary of Commerce Chuck Goodrich met with leaders from Eli Lilly and Compa...
10/15/2026

On day two of his visit to Japan, Indiana Secretary of Commerce Chuck Goodrich met with leaders from Eli Lilly and Company International to discuss our shared commitments to innovation as well as Indiana’s ability to accelerate the speed of business. In a globally competitive environment, agility matters.

During his visit, Secretary Goodrich expressed Indiana’s gratitude for Eli Lilly’s support of the September Midwest-Japan Conference in Indianapolis and engaged in fruitful discussion about future collaborative opportunities.

Later, he met with officials from Honda in Tokyo, thanking them for 15+ years of partnership in Greensburg, Indiana, where their automotive assembly plant employs more than 2,500 Hoosiers.

We are grateful for Honda’s continued engagement with our state and for the opportunity to share perspectives on building a strong value chain and developing new technology by developing people. More tomorrow!

Secretary of Commerce Chuck Goodrich continued his visit to Japan yesterday, meeting with leaders from AISIN, which shar...
10/14/2026

Secretary of Commerce Chuck Goodrich continued his visit to Japan yesterday, meeting with leaders from AISIN, which shares decades of partnership with the state of Indiana and helped sponsor the recent Midwest-Japan Association Conference in Indianapolis. AISIN built its very first North American location in Seymour, Indiana.

Conversations between Goodrich and AISIN officials centered around continued collaboration and achieving more together.

Governor Mike Braun’s economic strategy for Indiana includes investment, innovation and strengthening international part...
10/14/2026

Governor Mike Braun’s economic strategy for Indiana includes investment, innovation and strengthening international partnerships — priorities that guided Secretary of Commerce Chuck Goodrich’s engagements on day one of his visit to Japan.

Building on the momentum of the recent Midwest–Japan Conference in Indianapolis, our team met with leaders from conference sponsor Toyota Industries Corporation, whose subsidiary, Toyota Material Handling recently opened a $100 million plant in Columbus, Indiana.

Secretary Goodrich also connected with representatives from Toyota Tsusho Corporation, whose participation in the Midwest-Japan conference and development of facilities across our state (in Lafayette, Columbus and Princeton) bode well for future collaboration.

Today, nearly 290 Japanese business facilities employ more than 60,000 Indiana workers. Our connection with Japan is among our most significant international partnerships.

Secretary Goodrich and his team look forward to continuing conversations throughout the week to advance collaboration — driving investment, innovation and high-quality opportunities for all Hoosiers.

As part of Governor Mike Braun’s efforts to make Indiana a top destination for potential and existing businesses, IEDC’s...
10/13/2026

As part of Governor Mike Braun’s efforts to make Indiana a top destination for potential and existing businesses, IEDC’s Business Retention and Expansion team hosts a statewide Trusted Advisors and Connectors event series. Designed to drive regional growth by connecting businesses, entrepreneurs and community leaders with state resources, incentives and partners, the series recently stopped in Huntingburg, Indiana with a focus on advanced manufacturing.

Joining the panel were Jason Graves from the Indiana Department of Workforce Development, Patrick O'Neill from Conexus Indiana, Kyle Squillace from Purdue Manufacturing Extension Partnership (MEP), Linda Walczak from IEDC and Luke Bawel from Jasper Engines & Transmissions.

Thanks to hosts Indiana First and Southwest Indiana Development Council (SWIDC) (Christopher Pfaff, Ian Ward and Colten Pipenger); sponsors Hoosier Energy, CenterPoint Energy and Indiana Municipal Power Agency; and additional supporters Barnes & Thornburg LLP and Huntington National Bank.

The series will land in Kokomo on Oct. 22 with a discussion of advanced manufacturing and AI. See you there!

Governor Mike Braun’s $1 billion commitment to strengthening the agriculture and life science industries across the stat...
10/07/2026

Governor Mike Braun’s $1 billion commitment to strengthening the agriculture and life science industries across the state has created incredible momentum; yesterday’s groundbreaking in Indianapolis showed just how far we’ve come.

Officials and community members gathered to celebrate the groundbreaking for One Health Research Institute, a key piece of the One Health Innovation District led by Purdue University and Elanco Animal Health. The Institute will bring together researchers, top talent and industry partners to work side by side on discoveries to improve the health of people, animals and plants.

IEDC President Mitch Frazier represented the state as a keynote, underscoring the importance of the Institute's interconnected approach as an economic driver. Exciting things are ahead for Indiana!

The RV industry is especially near and dear to Indiana Governor Mike Braun because it drives thousands of Hoosier jobs. ...
10/05/2026

The RV industry is especially near and dear to Indiana Governor Mike Braun because it drives thousands of Hoosier jobs. Did you know that Elkhart County, Indiana is the RV capital of the world? Hoosiers produce more than 80% of all RVs nationwide.

Recently, Associate Director for IMHA–RVIC Matt Rose welcomed Indiana state legislators, dignitaries and members of IEDC to the Elkhart RV Dealer Open House, providing an update on the current industry landscape and a preview of new RV units shaping the market.

IEDC is proud to support the companies and teams driving innovation—and grateful to everyone who took time to engage in these conversations.

In keeping with Governor Mike Braun's vision of improving quality of place across the state, officials and residents of ...
10/01/2026

In keeping with Governor Mike Braun's vision of improving quality of place across the state, officials and residents of Shelby County yesterday celebrated the opening of the Mary Jane Reed & Robert W. Reed CommunityLink, where a former nursing home has been transformed into a collaborative, central hub for 16 community agencies.

CommunityLink was made possible in part by $1 million in READI 2.0 funding.

Congratulations to all who brought this project to life!

09/28/2026

IEDC Q3 BOARD MEETING UPDATE
It was our intent to livestream today's Q3 2026 committee and full board meetings in compliance with Indiana's Open Door law, however due to technical issues, we were unable to. All meetings are being recorded in their entirety and will be posted to the IEDC website as soon as possible.

Congratulations to our partners in Kokomo, Indiana on the completion of a new 55,000-square-foot conference center with ...
09/24/2026

Congratulations to our partners in Kokomo, Indiana on the completion of a new 55,000-square-foot conference center with capacity for 1,000 guests.

The center will house the Kokomo Automotive Heritage Museum and feature an adjoining five-story hotel with more than 100 guestrooms, an indoor pool, fitness center, ergonomic workspaces and a restaurant and lounge.The project was supported with $5 million in READI 1.0 funding.

Learn more: https://events.in.gov/event/gov-braun-paves-the-way-for-economic-tourism-growth-in-kokomo-through-readi

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