(July 2015, Seasonally Adjusted)

INDIANA FACTS

Source: STATS Indiana, Hoosiers by the Numbers, U.S. Bureau of Labor Statistics, U.S. Bureau of Economic Analysis, GDP by state retrieved 6.19.15 Global Positioning, Census Bureau.

Corporate Income Tax 6.5% reducing to 4.9%

Individual Income Tax 3.3% reducing to 3.23%

TAX RATES DECREASING

On February 1, 2012, Indiana enacted a Right to Work bill into law.

Right to Work allows individual employees to decide if they will financially support a union.

RIGHT TO WORK STATES

ONE OF 11 STATES with top bond rating

from all three major

credit rating agencies

AAA BOND RATING

BEST IN HISTORY

May 2015

Notes: Numbers represent

value of goods that $100

dollars can buy in each state

compared to the national

average. The Bureau of

Economic Analysis has

developed a methodology

using Personal Consumption

Expenditure and American

Community Survey data to

estimate average price levels

in each state for household

consumption, including rental

housing costs. Data is as of

July 1, 2015.

Source-Bureau of Economic

Analysis, Regional Price

Parities, Pew Charitable

Trust.

1st IN THE MIDWEST FOR LOW TAXES

AND 8th NATIONALLY

1st NATIONALLY FOR COST OF DOING BUSINESS

CNBC

June 2015

BEST BUSINESS CLIMATE IN THE MIDWEST AND 6th

NATIONALLY

Tax Foundation

Oct. 2014

Chief Executive

May 2015

REGULATORY CLIMATE RANKS 3rd IN THE

NATION

Forbes

Nov. 2014

NATIONAL LEADER IN EDUCATION

Source: U.S. News and World Report 2015. *Rose-Hulman ranked with schools where doctorate not offered. **Purdue ranked with schools where doctorate offered.

#1

► #1 School of Engineering* ROSE-HULMAN INSTITUTE OF TECHNOLOGY

► #2 Regional University (Midwest) BUTLER UNIVERSITY

► #10 School of Business INDIANA UNIVERSITY

► #18 National University UNIVERSITY OF NOTRE DAME

► #9 School of Engineering** PURDUE UNIVERSITY

50 COLLEGES

AND UNIVERSITIES

totaling

more

than 100 campuses around the state

INDIANA IS HOME TO LEADING RESEARCH UNIVERSITIES

INDIANA UNIVERSITY

PURDUE UNIVERSITY

ROSE-HULMAN

UNIVERSITY OF NOTRE DAME Source: National Center for Education Statistics, LearnMoreIndiana.org

More than

Source: Ivy Tech

Source: Indiana Chamber of Commerce

EASY ACCESS TO MAJOR U.S. MARKETS

CROSSROADS OF AMERICA ► AIR

Indianapolis International Airport is the 8th largest

cargo facility and is home to the 2nd largest FedEx

hub worldwide. For the second straight year, Indianapolis International Airport has been recognized as the best airport in North America by the Airports Council International.

► RAIL

1st in the U.S. for rail tons of primary metal products

originated and 4th in the U.S. for total freight

railroads with 41.

► ROAD

National leader in pass-through interstates

► WATER With 3 international ports and 400 miles of navigable

waterways, Indiana is home to the only statewide

port system providing international connections for

America’s Heartland via the Great Lakes and Ohio-

Mississippi river system.

► INFRASTRUCTURE INVESTMENT

By the end of calendar year 2015, over $11 billion

will be invested. Source: Airports Council International-North America, Conexus Indiana, INDOT, Ports of Indiana

2nd largest FedEx hub in Indianapolis

Largest UPS hub in Louisville, KY

DHL Americas hub in Hebron, KY

1.9 million tons of cargo passed through

O’Hare International Airport in Chicago, IL FAA, All-Cargo Landed Weight for FY2013

LOGISTICS – AIR FREIGHT

Indianapolis International Airport averages

135 daily departures to 37 nonstop destinations.

BEST AIRPORT IN NORTH AMERICA WINNER 2010-2015

NONSTOP DESTINATIONS

22 NEW NON-STOP FLIGHTS SINCE 2014

► Indiana has about 8,500 manufacturing establishments

► Manufacturing employs one in every five Hoosiers

► With a GDP of $15.B, Indiana’s motor vehicle manufacturing industry is the

2nd highest in the U.S.

► Indiana has received straight As in manufacturing, tax climate, and global

reach since 2008, in the nationwide Manufacturing + Logistics Report

Source: Bureau of Economic Analysis, EMSI (2 digit NAICS 31-33), Conexus Indiana

MANUFACTURING

16.8% share of total state

employment The Hoosier State continues to have the highest

percentage of manufacturing jobs as a portion of

the private sector in the United States.

Indiana is 99% above the national average in

manufacturing jobs with 515,954 total employment,

and an industry growth rate of 13.8% in comparison

to a 4.4% national increase from 2010-2015. (EMSI, Q2

2015)

Outpacing the Nation in Manufacturing Job

Growth

► Indiana has about 5,700 transportation and logistics establishments

► From 2009 to 2014, the transportation and logistics sector has grown 9.6%

compared to the U.S. growth rate of 9.2%

► Indiana is known as the “Crossroads of America” with its central location and

significant assets to facilitate the transportation of goods across the country

and around the world.

► Indiana ranks among top 10 in 107 logistics categories rankings across the U.S.

► Indiana is home to the 2nd largest FedEx air hub in the U.S.

Source: EMSI, (Cluster – Transportation & Logistics), 2015 Indiana Logistics Directory

TRANSPORTATION & LOGISTICS

►

►

►

►

►

►

Source: Battelle/Bio State Bioscience Industry Development 2014, BioCrossroads Annual Report 2013, From Hearts to Hips – BioCrossroads (1/2012)

Source: Capturing the Flag: Foreign Direct Investment in Indiana, September 2015- IBRC

INTERNATIONAL

INVESTMENTS 2012-2014

$4.6 Billion IN INTERNATIONAL INVESTMENT

&

13,300 NEW JOBS FROM

INTERNATIONAL INVESTORS

INDIANA’S EXPORT ACTIVITY

► In 2013, the United States exported nearly $1.6 trillion in goods and

services. Indiana’s share was $34.2 billion, $0.2 billion lower than in 2012.

► Over the last 10 years, Indiana’s exports to China have increased

almost 475%. China ranks 6th as far as exports for Indiana are concerned.

► Transportation equipment and life sciences industries –

pharmaceuticals and medical instruments – are the leading export

industries for Indiana.

Source: Global Positioning State of Indiana’s Export Activity, 2014 (IBRC, 10/2014).

MAJOR INITIATIVES

MAJOR INITIATIVES

Skills Enhancement Fund (SEF) ► Provides assistance to businesses to support training and upgrading of skills of

employees.

► Grant may reimburse a portion (up to 50%) of eligible training costs over a period

of two full calendar years.

Economic Development for a Growing Economy Tax Credit (EDGE) ► Provides a REFUNDABLE tax credit to businesses that are creating jobs in Indiana

and paying above county low-median income levels

► Based on additional employee payroll withholdings

Hoosier Business Investment Tax Credit (HBI) ► Tax credit based on qualified capital investment (percentage and carry-forward

term determined on a case-by-case basis)

► Qualified investments include new machinery and building costs associated with

the project

STATE OF INDIANA INCENTIVES

1/5/15