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>>GERRY: HERE'S WHAT'S MAKINGNEWS AROUND INDIANA BROUGHT TOYOU BY SMITHVILLE...A WALMART EXECUTIVE SAYS INDIANA

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IS SEEING THE BENEFIT OF ACOMPETITIVE BUSINESS CLIMATE INTHE RETAIL AND MANUFACTURINGSECTORS.

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VP OF US MANUFACTURING CINDYMARSIGLIO POINTS TO THECOMMITMENT BY DOREL JUVENILE USATO MOVE PRODUCTION OF ONE

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MILLION CHILD CAR SEATS TO ITSFACILITY IN COLUMBUS, CREATING60 JOBS IN THE PROCESS, ASEVIDENCE OF THE STATE'S SUCCESS.

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>>>OFFICIALS BROKE GROUND THISWEEK ON A 300,000 SQUARE-FOOTMANUFACTURING FACILITY INANDERSON.

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JAPAN-BASED NTK PRECISION AXLECORP.IS INVESTING MORE THAN $100MILLION AND PLANS TO CREATE

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ABOUT 200 JOBS THERE.>>>THE INDIANA PETROLEUMMARKETERS AND CONVENIENCE STOREASSOCIATION HAS RELEASED A POLL

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SHOWING MORE THAN 70 PERCENT OFHOOSIERS FAVOR ALLOWING DRUG,GROCERY AND CONVENIENCE STORESTO SELL COLD BEER, AND NEARLY

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TWO-THIRDS SUPPORT SUNDAYALCOHOL SALES.HOWEVER, INDIANA ASSOCIATION OFBEVERAGE RETAILERS SAYS THOSE

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NUMBERS "MISS THE POINT,"ARGUING ALCOHOL IS A DANGEROUSCOMMODITY THAT "IS NOT MEANT TOBE CONVENIENT."

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>>>AND HOLIDAY WORLD ANDSPLASHIN' SAFARI IN SANTA CLAUSIS GETTING MORE NATIONALRECOGNITION.

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SPLASHIN' SAFARI HAS BEEN NAMEDTHE "BEST OUTDOOR WATER PARK" BYTHE READERS OF USA TODAY, WHILEHOLIDAY WORLD IS RANKED FOURTH

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ON THE "BEST AMUSEMENT PARK"LIST.>>GERRY: SOME 160 COMPANIESCALL THE PURDUE RESEARCH PARK

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HOME, AND NOW A NEW CO-WORKINGFACILITY IS PROVIDING MEMBERS'ACCESS TO MEET MORE FULLYESTABLISHED ENTREPRENEURS.

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IT'S CALLED THE PURDUE RAILYARD,AND IT'S DESCRIBED AS ONE OFLARGEST OF ITS KIND IN THECOUNTRY.

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FOR MORE ON THE NEW SPACE FOREARLY-STAGE ENTREPRENEURS, LET'SBRING IN DIRECTOR GREG NAPIER.WELCOME TO THE PROGRAM.

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>> THANK YOU.>> LET'S TALK ABOUT THERAILYARD AND WHAT MAKES ITUNIQUE.

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FIRST OF ALL, YOU ARE LAUNCHINGTHAT CO-WORKING SPACE PART OFTHE NETWORK, IF YOU WILL.DESCRIBE THE CO-WORKING SPACE.

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>> IT'S MADE UP OF A PLACEWHERE ENTREPRENEURS CAN LANDTHAT ARE RELATED TO PURDUEUNIVERSITY OR ANYWHERE WITHIN

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THE COMMUNITY OR STATE, ANYBODYTHAT IS PART OR INTERESTED INTHIS CAN LAND THIS.>> A COUPLE OF THINGS MAKE

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THIS UNIQUE.THESE SIZE.IT'S A SUBSTANTIAL FACILITY.>> 26,000 SQUARE FEET WITH 18

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CONFERENCE FACILITIES IN THESPACE, A SHARED LAB SPACE.WE HAVE A GREEN ROOM WHERE YOUCAN PRODUCE A VIDEO AND THERE IS

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A RESTAURANT WITHIN THE SPACE.>> TALK ABOUT THE NEED FORTHIS.YOU ARE LOCATED AT THE PURDUE

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RESEARCH PARK WHICH HAS BEEN AGREAT SUCCESS STORY AND INDIANA.160 COMPANIES ARE SO THERE NOW.HOW HAVE THEY USE THAT AND

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WHAT'S THE DEMAND?>> THE DEMAND IS GREAT BECAUSEYOU HAVE A LARGE INCUBATOR,LARGEST IN THE COUNTRY AND THE

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WORLD AFFILIATED WITH UNIVERSITYAND THIS ALLOWS YOU TO HAVE ANEASY WAY TO STEP UP.FORTY DOLLARS A MONTH ALLOWS YOU

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TO LAND AND THE LOCATION, GROWYOUR BUSINESS AND STEP UP TO THEINCUBATOR AND STEP UP INTO THEACTUAL RESEARCH PARK SO THAT

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BARRIER THAT'S A CAPITAL BARRIERTHAT COMPANIES HAVE ISDIMINISHED.IT'S DOWN TO $40.

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>> YOU HAVE A REAL THEME ANDWITH THE HISTORY AND AROUND THATAND TALK ABOUT IT WASINTERESTING TO NOTE THAT YOU

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TALK ABOUT THIS FACILITYSUPPORTING THE ENTREPRENEURIALCULTURE IN WEST LAFAYETTE.>> SO WITH THE THINGS THAT ARE

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HAPPENING AT THE FOUNDRY THATIDEA THAT WE ARE TAKINGINTELLECTUAL PROPERTY FROMPURDUE AND COMMERCIALIZING THAT.

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THIS IS A PLACE WHERE THAT CANHAPPEN PHYSICALLY AND TAKE THEMANIFESTATION OF A BUSINESS.>> AND YOU LOOK AT IT, WHAT

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KINDS OF COMPANIES ANDORGANIZATIONS AND ENTREPRENEURSARE TAKING ADVANTAGE.GIVE A COUPLE DOZEN MEMBERS SO

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FAR.>> COMPANIES COMING OUT OF THEFOUNDRY ARE ONE AND TWO PEOPLE.THIS IS PERFECT FOR THEM, BUT

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ALSO PERFECT IF YOU ARE ARETIREE OR JUST INTERESTED INBEING PART OF THIS CULTURE, YOUCAN COME BE PART OF IT HERE.

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>> THE PURDUE RAILYARD A MAJORCO-WORKING SPACE AND ONE OF MANYTHINGS GOING ON AT PURDUE.