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South Korean Steel Processor Adding 60 Jobs In Indiana

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POSCO, a multinational steel producer headquartered in Pohang, South Korea, will establish operations at the Port of Indiana-Jeffersonville , creating up to 60 high-wage jobs by 2018. Indiana’s central location and the convenience of the Jeffersonville Port are ideal as we look to tackle the U.S. Source: www.japantimes.co.jp).

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UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

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The following updated post comes from the Office of the Press Secretary for the White House. On January 9, 2014, the President announced the next step in those efforts by naming the first five “Promise Zones.” THE PROMISE ZONES INITIATIVE. BREAKING NEWS: U.S.

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Food Processing: Generating Growth for Good Eats

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Harrison County in South Central Indiana boasts an outstanding transportation logistics network. Before Interstate 64 connected Harrison County to the Midwest marketplace the communities in this rural South Central Indiana County depended on agriculture to drive the economy. They also purchase grain from Harrison County farmers.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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Qualifying businesses in the corridor can apply for Next Michigan real and personal property tax abatements and tax-free Renaissance Zones. The Corridor offers export assistance and Foreign Trade Zones. Amazon recently announced that another one of its facilities would spring to life in Indiana as well. Great Lakes U.S.

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Logistics: No Drivers Needed

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This is a definite asset for companies when it comes to finances and safety. Indiana may be known as the Crossroads of America, but the aptly named Hoosier state connects far more than travelers criss-crossing through the state’s network of interstate highways. In fact, Indiana ranks No.1

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. Mesa also processed the required permits expeditiously. million through the KJRA.

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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). The International Office at the IEDA offers financial assistance to eligible Iowa small businesses to help companies market their products and services to a global audience.

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