Indiana took out a full-page ad in the Wall Street Journal Wednesday criticizing Connecticut’s $1.5 billion tax increase and touting Indiana’s business friendly policies.
The ad that was placed in the Connecticut, New Jersey and New York versions of the Wall Street journal bears this message: “Friends don’t let friends pay higher taxes.”
The ad specifically names General Electric, whose executives have been threatening to leave Connecticut because of tax increases. But Indiana University tax law professor Ajay Mehrotra says that’s not likely to happen.
Northeast Indiana’s bid for the regional cities initiative just gained another partner.
The Regional Cities Initiative is a new pot of public-private money held by the state that will be allocated to Indiana regions to fund quality-of-life projects. Those projects are meant to help a region bolster its identity and retain talent.
The ten counties in the Northeast Indiana coalition voted to allow Kosciusko County—west of Fort Wayne—to join the collaborative in creating projects and helping with the presentation to the state.
Fort Wayne’s unified economic development organization is getting new leadership.
Greater Fort Wayne Inc. named Eric Doden its new chief executive officer this week, replacing former CEO Mark Becker, who resigned in January.
Doden is the outgoing president of the Indiana Economic Development Corporation, the state agency that works to attract new business to Indiana. Governor Mike Pence appointed him to the position in 2013.
Indiana’s private sector added nearly 10,000 jobs last month. Yet for the fourth consecutive month, the unemployment rate failed to drop. Still, Governor Mike Pence says July’s employment numbers tell him Indiana’s economy is “all systems go.”
The Hoosier private sector has added jobs for ten consecutive months, surging again in July with 9,900 jobs created. That boost was led by the manufacturing sector, which added more than 5,000 jobs, the most in the country last month.