At 40, Columbus EDC Playing to Strengths

Posted: Updated:
(Image courtesy of Visit Columbus, Indiana) (Image courtesy of Visit Columbus, Indiana)
COLUMBUS -

One of the state's oldest local economic development organizations is marking a milestone and touting its impact. Formerly known as the Columbus Economic Development Board, the Greater Columbus Economic Development Corp. also has a new name and logo as it turns 40. The group says it has helped bring 66 new companies that currently employ more than 7,600 to the area and has supported over 300 corporate expansions. In all, the GCEDC says $2.6 billion has been invested in Columbus and Bartholomew County over the last four decades.

President Jason Hester says the organization will continue to play to its strengths. "We have, for instance, the highest-concentration of mechanical engineers in the nation and so we continue to pursue engineering and R&D services within the greater Columbus area. Very strong in automotive components and suppliers, so those play to our core strengths." He says the organization and regional leaders are also targeting more diverse targets, including pharmaceutical manufacturing, additional types of engineering service opportunities and "back office" administrative-related business.

The nonprofit's new name, Hester says, represents an evolution over the last 40 years. "We have always been about making the Columbus area greater through increased economic opportunities for our residents and businesses, and we serve all areas of Bartholomew County; so, that's two reasons for inclusion of 'Greater Columbus' in our name," he said in a statement. "Replacing 'Board' with 'Corporation' also more accurately reflects that we are an independent non-profit corporation and not a division of local government."

During an unveiling of the new name and logo, Indiana University President Michael McRobbie also detailed a master's in architecture program that would involve the IU Center for Art + Design in downtown Columbus. The school's board of trustees has already approved the program and it awaits final clearance from the state.

  • Perspectives

    • New Child Tax Credit: Will You Benefit?

      Do you have children? The Child Tax Credit was one of last year's most hotly-debated topics. Several senators, including Marco Rubio, called for a comprehensive overhaul before approving the Tax Cuts and Jobs Act bill. Ultimately, substantial changes were made. Here’s how the changes to the Child Tax Credit may impact you...

    More

Events



  • Most Popular Stories

    • CICF Announces 2018 Board Leadership

      Central Indiana Community Foundation has added board members and named board leadership and for boards of its affiliates. The CICF will be led by Chair: Greg Hahn (pictured), partner at Bose McKinney Evans LLP; Vice Chair: Aasif Bade (pictured), president of Ambrose Property Group; Treasurer: Kathy Davis, systems advisor to Mayor Joe Hogsett and Secretary: Mike Simmons, retired CEO of T2 Systems.

    • Springbuk Plans 'Momentous Announcement'

      Indianapolis-based Springbuk is planning what it calls a "momentous announcement." Indianapolis Mayor Joe Hogsett will join the employer health data company for Monday afternoon's announcement at the Union 525 building downtown. Springbuk is headquartered at the downtown tech hub. Last summer, the company said its customer base had grown to 900, leading it to add about 10 employees.

    • Amazon Bid Draws Eyes to Northwest Indiana

      The mayor of Hammond says, while northwest Indiana was not included in the list of 20 finalists to land Amazon.com Inc.'s (Nasdaq: AMZN) second headquarters, the region's pitch has drawn other interest. Tom McDermott tells our partners at The Times of Northwest Indiana another company is pursuing a $200 million development in the Lake County city. While he declined to name the company considering the investment, McDermott says it involves a tech project at the old State Line...

    • Holcomb Makes Additional Board Appointments

      Governor Eric Holcomb has made another round of appointments and reappointments to various boards and commissions throughout the state. They include the State Ethics Commission and the State Lottery Commission. The appointments include: Gary/Chicago International Airport Authority Board of Directors Tim Fesko (Dyer) will join the board and will serve as its chair. State Ethics Commission: James Clevenger, Corinne Finnerty and Katherine Noel.

    • IU Effort Sets Sights on Orange County

      Indiana University's Center for Rural Engagement will partner with Orange County for its second Sustaining Hoosier Communities project. Through the collaboration, more than 500 students in 15 courses will take part in work on economic, health and quality of life projects in the southwest central Indiana county throughout the academic year. Planned efforts include a community wellness initiative, an incubator kitchen and a youth artisan apprenticeship program.