Hoosier Trade Officials to Visit Japan

Posted: Updated:
Toyota Motor Manufacturing of Indiana is one of over 280 companies with Japanese owners in Indiana. Toyota Motor Manufacturing of Indiana is one of over 280 companies with Japanese owners in Indiana.
INDIANAPOLIS -

A trade delegation led by Governor Eric Holcomb will visit Indiana's largest foreign investor next month. The week-long trade mission to Japan will start September 7 and feature meetings with companies including Toyota Motor Corp. (NYSE: TM), Subaru Corp. and Honda Motor Co. (NYSE: HMC).

The trip will also involve meetings with officials in Indiana's sister state, Tochigi Prefecture, and the cities of Tokyo and Nagoya. More than 280 Japan-owned businesses are located in Indiana, supporting over 58,000 jobs in the state.

"The cultural and economic ties between Indiana and Japan are storied and strong," Holcomb said. "The state's relationship with Japan is crucial to our economy and to supporting Hoosier jobs across the state."

Through the first eight months of the year, businesses with parent companies in Japan including Toyota Motor Manufacturing of Indiana Inc.NTK Precision Axle Corp. and Kimura Foundry America have announced multi-million dollar investments in Indiana operations which involve plans for hundreds of jobs throughout the state.

The governor's schedule includes meetings with government, chamber and corporate leaders. The delegation will talk with companies invested in Indiana like Subaru, Toyota and Honda and attend the annual Midwest U.S.-Japan Association Conference along with representatives from 10 states throughout the region.

The Indiana Economic Development Corp. says more Japan-owned businesses per capita are located in Indiana than any other state. The IEDC has an office in Tokyo and says the trade mission, which is scheduled for September 7-15, will be covered by private donations to the Indiana Economic Development Foundation.

The last state-organized trade delegation to visit Japan was in 2015 led by then-Governor Mike Pence.

  • Perspectives

    • Indiana Cracks Top 10 in Forbes Best States For Business Rankings

      Forbes recently released its annual ranking of the best states for business. Indiana cracked the top ten coming in at 10th for 2017. Forbes analyzed approximately 40 metrics spanning six category groupings. Not surprising, many of the "usual suspects" show up in the best and worst states.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Indiana Cracks Top 10 in Forbes Best States For Business Rankings

      Forbes recently released its annual ranking of the best states for business. Indiana cracked the top ten coming in at 10th for 2017. Forbes analyzed approximately 40 metrics spanning six category groupings. Not surprising, many of the "usual suspects" show up in the best and worst states.

    • Cold Beer Sales Next up in Senate Committee

      Two high-profile bills that would change the state's alcohol laws are in the spotlight Wednesday at the Statehouse. Senate Bill 26, which would extend cold beer carryout sales to grocery, convenience and drug stores is set to go before the Public Policy Committee. Also, House Bill 1051 received approval Wednesday morning from the House Public Policy Committee. It involves Sunday carryout sales from noon-8 p.m. in package liquor, grocery, convenience and drugs stores.

    • Work Begins on $389M Regional Health Center

      Officials have broken ground on what Bloomington Mayor John Hamilton calls the largest single economic development investment in the city's history. The $389 million Indiana University Health Regional Academic Center will include a new Indiana University Health Bloomington Hospital and IU's health sciences and other related academic and research facilities. IU President Michael McRobbie says the center will usher in "a completely new era..."

    • Purdue to Lead $27M Autonomous Intelligence Center

      Purdue University is set to lead a five-year, $27 million project aimed at developing brain-inspired computing for intelligent autonomous systems such as drones and personal robots. The university says the goal is to have these systems operating without human intervention. 

    • Former Lake County Sheriff Sentenced to Prison

      A former Lake County Sheriff will spend more than 15 years behind bars. U.S. District Court Judge James Moody sentenced John Buncich after he was convicted on fraud and bribery charges.