Advanced Manufacturing

New Castle-Henry County and the East Central Indiana region have a strong and proud heritage of manufacturing. While companies have changed, the infrastructure and the talented workforce remain and are committed to playing their role in America’s manufacturing comeback.

It is no secret that the region has shed thousands of manufacturing jobs. However, the majority of this pool of skilled employees is still available to fill new manufacturing opportunities.

To keep their workforce skills up to date, employers utilize Purdue University’s Manufacturing Extension Programs.

 

The following is a listing of larger Henry County manufacturing companies:

Draper, Inc. – Projection Screens and Shades

TS Tech – Automotive Seating

Allegheny Ludlum – Specialty Metals/Stainless Steel

Grede Foundry – Metal Components

Outu Kumpu – Stainless Steel

American Keeper – CVJ Boots and Steering Gear Boots

Magna Machine & Tool – Tooling/Special Machinery

Precision Soya – Production/Treatment of Agriculture Seed

Hoosier Feeder Co. – Custom Vibratory and Centrifugal Feed Systems

Western Products of Indiana – Metal Components

Butler Tool and Die – Contract Machinery Builder

Labor Cost

In most manufacturing sectors, local compensation is equal to or less than regional and national levels.

See link to wage comparison report for Henry County Region to the State of Indiana and National Averages (no link, have to upload report)

Below are links to Labor Availability Reports prepared by Pathfinders.

Link to Path Finders Wage Report East Region

Link to Path Finders Wage Report West Region

Supply Chain

Location/Transportation

Our location is proximate to I-70 and I-69. State Road 3 is a highly functional four-lane divided highway that provides easy north-south movements.

Alternative Site Framework (ASF) – Foreign Trade Zone (FTZ)

Indiana pioneered efforts to establish Alternative Site Framework for Foreign Trade Zones. Under this provision an FTZ can be established for a very specific geographic area (your corporate facility) in 30-45.

Visit IN Zone here.

Indiana Lead’s the Nation in Percent of Persons Employed in Manufacturing

Indiana is a proven leader in advanced manufacturing. From motor vehicle production to innovative electronics, leading manufacturing firms from across the country and around the world have chosen Indiana for their plants and corporate offices.

Indiana’s key advanced manufacturing industries are: motor vehicles, parts and transportation equipment, metals, machinery, plastics and rubber, chemicals, food products, furniture and computers and electronics. More than 11,000 Indiana manufacturing plants employ more than 700,000 workers – making manufacturing a key sector of the state’s economy.

Indiana’s corporate leaders in advanced manufacturing include Eli Lilly and Company, ArcelorMittal, Cummins, Steel Dynamics, Nucor Corp., Allison Transmission, AK Steel, Toyota, Honda, Rolls-Royce, Cook, Roche, Zimmer, Hillenbrand, Kimball International, and many others.

Competitive Advantages

Indiana combines traditional production with progressive technology to create an attractive environment for manufacturers. The state’s central location and excellent transportation network – combined with a skilled and dedicated workforce – solidifies Indiana’s position as a worldwide manufacturing leader.

Competitive advantages for advanced manufacturers in Indiana include:

  • A low-cost, pro-business environment and a highly skilled, educated and capable workforce
  • A centralized location; Indiana is located within a day’s drive of 80 percent of the U.S. population, which helps make us one of North America’s leading logistics hubs
  • Workers’ compensation and unemployment insurance rates that are among the lowest in the country
  • An industrial electricity rate that is one of the lowest in the United States
  • Nationally recognized university research parks and technology centers
  • Strong collaborative ties between Indiana’s universities, businesses and public sector, which helps make us a cradle for innovative companies
  • A wide range of incentives and grants to qualified projects.

Through the Advanced Manufacturing Initiative, the state of Indiana supports statewide economic development goals of growing and retaining businesses in Indiana, and attracting new businesses to the by developing world-class manufacturing resources. The Advanced Manufacturing Initiative:

  • Creates awareness of Indiana’s advanced manufacturing resources.
  • Facilitates access to public resources.
  • Reports progress and updates

Resources

Innovative Indiana

Indiana is aggressively involved in advanced manufacturing energy project innovations. Indiana launched the Energy Systems Network in 2008 in order to fully leverage these assets and accelerate the development of advanced battery and other energy technology solutions. The network has already forged a number of joint partnerships involving Fortune 500 companies, innovative Indiana start-ups, and leading research institutions. Network member organizations include: Duke Energy, Cummins, Delphi, Allison Transmission, Remy, IBM, SAIC, Rolls Royce, Raytheon, Indianapolis Power & Light, Brevini, I-Power, EnerDel, AltiarNano, Bright Automotive, Rocky Mountain Institute, Midwest ISO, NSWC Crane, Purdue University, Indiana University, The University of Notre Dame, and Ivy Tech Community College. Indiana is home to the Energy Center at Purdue Discovery Park, which is exploring innovative new wind-turbine technology that offers significant advantages over conventional designs as well as an Energy Frontier Research Center, which will focus on finding more efficient and less expensive methods to produce biofuels.

Purdue University Manufacturing Extension Partnership

As the Indiana Manufacturing Extension Partnership (Indiana MEP), we provide high value, affordable solutions to help businesses increase profitability. As advocates for Indiana’s thousands of manufacturers, our staff leverages resources in both the public and private sectors to help identify areas of improvement, streamline processes, and ultimately increase competitiveness.

Indiana Supplier INsight

Indiana Supplier INsight is a procurement ePortal for connecting Indiana suppliers with procurement opportunities. A free business-to-business e-marketplace service sponsored by Conexus Indiana and the Indiana Economic Development Corporation. Indiana Supplier INsight enables Indiana manufacturers to streamline operations, reduce transportation costs, and improve management oversight by connecting them with Indiana suppliers. The matchmaking ePortal enables manufacturers to search for Indiana suppliers using categories such as capability, location, industry categories and women- or minority-owned business certifications. Indiana Business INsight suppliers must have an Indiana address to register in the ePortal, but buyers may be from any University Technical Assistance Programs.

Associations

Workforce Development

Related Links

Below are links to economic development data websites that you might find of value:

Stats Indiana

Hoosiers By Numbers