Holcomb Unveils Economic Development Plan

Posted: Updated:
Holcomb was joined at the announcement by his running mate Suzanne Crouch. Holcomb was joined at the announcement by his running mate Suzanne Crouch.
INDIANAPOLIS -

The Republican candidate for governor says talent and infrastructure are among the top priorities in his economic development plan. Lieutenant Governor Eric Holcomb announced his plan Tuesday at DeveloperTown in Indianapolis, saying the state has done a great job of attracting new businesses over the last few years and now is the time to accelerate the recruitment of talent from throughout the world.

Holcomb says one of the main ways to bring in top talent is to continue to increase wages throughout the state, which will also help retain talent already in Indiana. "With the exception of the recession years, 2008 and 2009, wages in Indiana have gone up and we're going to focus on making sure they continue to go up and that will be a key driver in what this plan all points to."

Holcomb says he will continue to promote Governor Mike Pence's $1 billion proposal to invest in entrepreneurship and innovation by supporting startups, high-growth companies, coworking spaces and high school entrepreneurship programs. He says he will also work with the Indiana General Assembly to grow the Regional Cities Initiative.

With infrastructure, Holcomb says he will continue to invest in state and local roads by finding a long-term solution led by data. He says he will continue to support some of the major infrastructure projects in the state, including the double tracking of the South Shore Line from Gary to Michigan City, the completion of the I-69 extension from Evansville to Indianapolis, the building of the fourth new bridge over the Ohio River in Evansville and building the state's fourth port in southeast Indiana.

"These are big projects that will be transformational in different quadrants," said Holcomb. "It may not be on everyone's mind in central Indiana about the South Shore double tracking or the fourth port in southeast Indiana, but these are things that need to be done."

When it comes to funding these infrastructure projects, Holcomb says part of that will come through in the legislative process. "What I won't do is say, 'Let's just borrow our way or rate our way into paying for things,' and start writing checks that I can't cash. I understand that we will have to work with our friends in the General Assembly and we have a strong agreement that this is what needs to be done; a long term infrastructure program needs to be accomplished and I'm looking forward to that."

Holcomb's plan also includes working to keep energy costs down for Hoosiers and maintaining Indiana's fiscal discipline by passing a balanced budget and preserving the state's AAA credit rating. You can learn more about Holcomb's economic development plan by clicking here.

  • Perspectives

    • School District Raises Questions About ILEARN

      Like all schools in Indiana, we were disheartened at the ILEARN results for school year 2018. We would like to raise several questions concerning this test as it relates to college and career readiness for our students. The annual Indiana Statewide Assessment (this year’s ILEARN) has been developed to evaluate college and career readiness at all levels tested. We are very troubled by our lack of understanding of what indicators in the test evaluate...

    More

Events



  • Most Popular Stories

    • Purdue University ranks #7 for Best Value in a college education in the U.S., according to the Wall Street Journal

      Two Indiana Schools Break Top 50 List of Best Colleges

      The Wall Street Journal and the Times Higher Education magazine have released their annual list of the top 801 colleges and universities in the country. Two Hoosier universities are included in the top 50.

    • Purdue to Open Chick-Fil-A Amid Protests

      Citing overwhelming demand for Chick-fil-A’s food and services, Purdue University has announced it will allow the restaurant to open on campus. The university has been at the center of a debate over the Georgia-based food chain. 

    • Buttigieg to Lead Task Force on Automation

      South Bend Mayor Pete Buttigieg will Friday launch a task force aimed at preparing for the effects of automation at the U.S. Conference of Mayors Winter Meeting. The mayor's office says “Automation and the Impacts on America’s Cities” will include mayors from throughout the country.

    • Sports betting is now legal in Indiana

      Protecting Data Integrity as Sports Betting Grows in Indiana

      Casinos across the state are opening sports betting parlors this week, legally allowing gamblers in Indiana to place bets on professional and some collegiate sports. Some opponents of the law are concerned the integrity of sports is at risk. Others are worried about the integrity of the data used by odds makers in the now-legal betting houses. “There's a mechanism in place that can stop that from happening, or curtail it from happening in the future,” explains...

    • (photo courtesy Cummins)

      Cummins Completes Deal for Fuel Cells Producer

      Columbus-based Cummins Inc. (NYSE: CMI) has closed on its acquisition of Hydrogenics Corp., a fuel cell systems provider in Canada. Cummins says the $290 million deal helps push the company towards a wider range of power technologies, including fuel cells and hydrogen-fueled sectors.