Governor Details NYC TripPosted: Updated:
Governor Mike Pence says his economic development trip to New York City includes meetings with location advisers and a business recruitment event at Yankee Stadium. The mission marks the eighth straight year the state has sent a delegation to New York City.
May 13, 2014
New York -- Governor Mike Pence is leading a delegation of 14 Hoosiers on a jobs and economic development mission to New York City, promoting Indiana's strong private sector job growth, the recent passage of more tax cuts and the state's pro-business climate to company prospects, site selection consultants and developers.
"If New York is the city that never sleeps, then Indiana must be the state that never ceases its pursuit of job opportunities for Hoosiers," said Pence.
"While here, we are shouting Indiana's story from the soaring rooftops—a story of a state that works for growing a business, finding a job or chasing your dreams. It is our mission to let Indiana shine brighter than the lights of Broadway, sharing with business executives and site selection consultants that Indiana is the affordable solution to high-tax, high-regulation states like New York."
The Indiana delegation is holding a series of business meetings with location advisors and company executives with site selection responsibilities to discuss the possibilities of relocating or growing operations in Indiana. The State will also host a special business recruitment event at Yankee Stadium this evening.
In addition to Pence, the State is represented on this job hunting trip by Secretary of Commerce Victor Smith and Indiana Economic Development Corp. (IEDC) President Eric Doden. This is the eighth consecutive year that the State has sent a Hoosier delegation to New York City to meet with prospective companies and location consultants.
Indiana continues to work purposefully to create a productive, pro-business, low-tax environment—from smart policies to reasonable regulation to a strong infrastructure. Ranked sixth nationally—and first in the Midwest—in Chief Executive magazine's annual survey of "Best and Worst States For Business," Indiana has moved up 10 positions in four years. New York has ranked in the bottom two for nine consecutive years.
The job hunting mission to New York comes amid the IEDC's targeted marketing campaign in high-tax states, including New York, Illinois, New Jersey, Massachusetts and California. In January, Pence invited New York businesses to move to Indiana in a full-page advertisement in The New York Times, followed by digital billboard ads that ran in six high-traffic locations near MetLife Stadium in the run-up to Super Bowl XLVIII. In addition, the IEDC took center stage in Times Square, one of the world’s most popular advertising venues, in two 15-second advertisements on the CBS Super Screen last year. The IEDC re-launched these advertisements in Times Square at the beginning of April, running the ads until mid-June.
Members of the delegation are:
Governor Mike Pence
Eric Doden, IEDC
Victor Smith, IEDC
Kent Anderson, IEDC
Regina Emberton, Michiana Partnership
Katelyn Hancock, IEDC
Jason Hester, Columbus Economic Development Board
Kelly Nicholl, IEDC
Bill Petranoff, Duke Energy
Susan Reed, Indiana Municipal Power Agency
Sherry Rose, Wabash Valley Power
Jeff Quyle, Hoosier Energy
Troy Whittington, Indy Partnership
Ellada Yerolemou-Hadjisavva, Vectren Corp.
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.
The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.
Source: Office of Indiana Governor Mitch Daniels