As the Indiana delegation’s trip to Japan continues, Governor Eric Holcomb is working to further the state’s economic partnerships with the country. The governor and Japan’s state minister of foreign affairs have signed a Memorandum of Understanding to advance collaboration.
The Indiana Economic Development Corp. says the memorandum includes 10 focus areas of cooperation: economic development and investment, workforce development, advanced manufacturing and materials, automotive, aerospace and aviation, infrastructure, life sciences, agribusiness, information technology and academics. Indiana is the third state to sign an agreement of this kind with Japan.
"After three full days in Tokyo, I couldn’t be more excited for the future of our relationship with Japan," said Holcomb. "Our meetings with Japanese business and government leaders continue to strengthen the economic and cultural bonds that unite us. We’re grateful for the trust they’ve placed in our state and I know our Hoosier workforce will continue to deliver."
Holcomb also met with Japan Prime Minister Shinzo Abe and U.S. Ambassador to Japan William Hagerty as part of the Midwest U.S.-Japan Association Conference. The governor and Indiana Secretary of Commerce Jim Schellinger later met with executives from several Japan-based companies with operations in Indiana, including Subaru, Honda, Kimura Foundry and Ryobi Ltd.
Indiana is home to 280 Japan-based companies, which employ more than 58,000 Hoosiers.