This article originally appeared in Area Development. These days, almost any consumer can tell you that our country has a workforce problem. From daily, negative retail experiences to delays in consumer product shipping, even my 72-year-old mother knows that businesses are challenged to find the employees needed to meet demands. (And boy, does she verbalize … Continue reading Responding to the New Reality: Robots vs. Humans
Economic development is a constant priority for the Indiana General Assembly, and 2023 was no exception. During this year’s legislative session, lawmakers added funding to a variety of incentive programs that promote investment in Indiana – and created other economic development programs anew. Highlights include a second round of funding for the popular READI program, … Continue reading Indiana General Assembly Makes Forward Moves in Economic Development During 2023 Session
In 2021, Indiana launched the Regional Economic Acceleration and Development Initiative (READI), dedicating $500 million in state funding to promote strategic investments in regions throughout the state. The program was such a boon – returning more than $8 billion to the state’s economy – that Gov. Holcomb petitioned the state legislature for a second round of … Continue reading READI 2.0: Insights for Indiana’s
Real Estate Community
Determining the location of a company’s next facility or assessing whether to move existing operations have always been high-stakes, complex decisions for management teams. But these decisions have become even more challenging since the COVID-19 pandemic injected unprecedented elements of uncertainty into the economic environment – and everyday life. By creating supply chain, workforce, and … Continue reading New KSM Location Advisors President Breaks Down Effects of Pandemic on the Economic Development World
FISHERS, Ind. (June 16, 2021) – Stevanato Group, a global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries, announced intentions today to locate its new U.S. operations in Fishers. The company is expected to create more than 230 new jobs in Hamilton County by the end … Continue reading Stevanato Group Chooses Indiana for New US Facility to Support Pharma Industry
FISHERS, Ind. (Oct. 1, 2020) – Project Process LLC (Project Process), a Fishers-based startup specializing in custom hand-washing stations for hospital patients, announced plans today to grow its operations in Indiana to support the development of the company’s new hand sanitizing technology. “Across the state, startups, small businesses and large corporations alike have been shifting gears and … Continue reading Purdue-Affiliated Hand-Washing Technology Startup Plans Hamilton County Growth
Federal funding of $50 million, allocated through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enables the expansion of Indiana’s Next Level Jobs program through the state’s “Rapid Recovery for a Better Future” initiative. Of the total funding, $37 million will be used to expand two grant programs – the Employer Training Grant (ETG) … Continue reading Indiana’s Next Level Jobs Program Expanded Through End of 2020
This article originally appeared in The Indiana Manufacturer. It’s no secret that Indiana has a highly competitive business environment backed by a state administration that is committed to growing existing and attracting new businesses. However, the businesses themselves often don’t understand what incentive programs are available to support growth plans. As one of the largest employment … Continue reading Incentive Tools for Indiana Manufacturers
Between speculation about possible recession, the “multigenerational traffic jam” in many companies today, and the second anniversary of the #MeToo movement, employee and workforce issues are front and center in today’s economic development world. Katie Culp and Tim Cook recently discussed this and more with Gerry Dick on (i) on Economic Development. According to a … Continue reading (i) on Economic Development: Boomers, Millennials, #MeToo and More
Katie Culp and Tim Cook have been tapped to lead and participate in TrustBelt’s Corporate & Consultants Forum, a conference that brings together corporate decision makers, site consultants, and economic development agencies who make vital location decisions for the U.S. Rust Belt region. Culp, president of KSM Location Advisors, will moderate a panel discussion on … Continue reading KSM Location Advisors to Lead TrustBelt Discussions