TARGET INDUSTRIES
Various types of businesses and many corporate headquarters call Southwest Indiana home. The main industries targeting the area include: bio and life science, advanced manufacturing, advanced logistics, and energy.
Southwest Indiana is...
- The global center of excellence for plastics and plastics derivatives, including SABIC Innovative Plastics, Berry Plastics, and others
- A center of activity for bio and life sciences, including the headquarters and research and development facilities for Mead Johnson Nutrition, the most sophisticated nutritional center in the world.
- The headquarters of the Vectren Corporation, an innovative leader in energy delivery services, energy marketing services, coal mining, and energy infrastructure services
- Home to cutting-edge automotive facilities, including one of the most highly-advanced auto assembly facilities in the world, the Toyota Motor Manufacturing Indiana assembly plant for the Highlander, Sienna, and Sequoia
The Southwest Indiana region provides unique advantages for these businesses and industries, including:
- Central U.S. location (with respect to geography and population) within three-and-a-half hours of five cities with metro populations of over one million
- A strong, high-sulfur coal industry
- Excellent transportation infrastructure for easy access and distribution to every major U.S. market
- Diverse transportation routes
- The main line of the CSX railroad from Chicago to the Southeast United States runs through Evansville
- Northbound and southbound train service to Chicago; Nashville; Atlanta; and Jacksonville, Florida
- CSXI offers rail service between Evansville and Chicago
- Norfolk Southern line connecting Louisville and St. Louis through Southwest Indiana
- The Howell Yard in Evansville sorts and makes up trains, and has intermodal facilities to handle 3,000 cargo containers and piggyback trailers per month
- A highly-skilled, educated, and productive workforce
- A business-friendly state government
- Availability of an enterprise zone, the Evansville Urban Enterprise Zone, offering inventory tax credits and other tax credits to eligible businesses
- Availability of developed and undeveloped sites for business
- Low operating costs
- Efficient and affordable utilities
- Rich natural resources
Sources: http://en.wikipedia.org/wiki/Evansville, Indiana#Economy and www.city-data.com/us-cities/The-Midwest/Evansville-Economy.html
