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>>GERRY: IT'S TIME TO GO INSIDE
INNOVATION•BROUGHT TO YOU BY
ALLEGION.
PIONEERING SAFETY.

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CERTAINLY, TECHNOLOGY AND
INNOVATION WILL BE BIG DRIVERS
IN EFFORTS TO GROW THE STATE'S
ECONOMY, REGION BY REGION... AS

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WE CONTINUE MY EXTENDED
INTERVIEW WITH GOVERNOR ERIC
HOLCOMB, HE TALKS ABOUT A NEW
$500 MILLION INITIATIVE THAT HE

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CALLS TRANSFORMATIONAL.
>> IT IS REGIONAL ECONOMIC
ACCELERATION AND DEVELOPMENT
INITIATIVE 500 MILLION-DOLLAR

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PROGRAM APPROVED BY THE
LEGISLATURE IN THE NEXT
ITERATION OF THE CITIES
INITIATIVE.

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WHAT IS THAT ALL ABOUT?
>> GET READY FOR THE FUTURE.
TALENT ATTRACTION AND RETENTION
AND BUILDING GOOD QUALITY OF

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PLACES ALL THROUGHOUT THE STATE
OF INDIANA.
HARNESSING THAT SYNERGY WHETHER
IT'S RURAL OR URBAN OR SUBURBAN

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AND THINKING OUTSIDE THE LINES
AND COUNTY LINES, POLITICAL
LINES AND ERASE THOSE AND THINK
BIGGER AND START THINKING ABOUT

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PROJECTS THAT ARE WORTHY, NOT
JUST SHOW READY.
AND SO WE KNOW THROUGH THIS
FIRST ITERATION AS YOU SAID WITH

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THE REGIONAL CITIES INITIATIVE
WE PUT 126 MILLION OF STATE
DOLLARS GOOD MONEY UPFRONT AND
THAT EQUATED TO 1.22 BILLION.

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SO WE ARE THINKING HOW DO WE
MAXIMIZE OUR FIELD POSITION
RIGHT NOW AND ACCELERATE AWAY
FROM THE PANDEMIC AND TO JUST

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THINK FOR A SECOND ABOUT THAT
AMOUNT OF ACTIVITY ON TOP OF
EVERYTHING WE ARE DOING RIGHT
NOW SIMULTANEOUSLY IN TEN OR 12

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REGIONS OF THE STATE OF INDIANA.
THIS IS WHERE YOU GET TO START
TO PAINT THE CANVAS YOURSELF AND
THINK ABOUT WHAT ARE THE THREATS

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IN OUR REGION AND WE CAN ADDRESS
THOSE FOR THE FIRST TIME WHETHER
HUNGER OR HOMELESS OR YOU KNOW
WORKFORCE DEVELOPMENT PROGRAMS

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OR VACANT BUILDINGS.
THIS IS THE TIME TO REALLY
SPRUCE IT UP AND TRULY TO GET TO
THE NEXT LEVEL SO WE ARE LOOKING

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AT BILLIONS OF INVESTMENT COMING
IN AS FOLKS START TO THINK ABOUT
HOW TO ATTRACT NOT JUST MORE
ATTENTION OR VISITORS INDIANA

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BECOMING A DESTINATION TO WORK,
PLAY AND ULTIMATELY STAY BUT TO
MAKE IT SO THAT FOLKS HAVE A
SENSE OF PRIDE ABOUT WHAT

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THEY'VE ACCOMPLISHED IN LOOKING
BACK ON ALL THE ACTIVITY THAT'S
GOING ON.
>> BIG NUMBER $500 MILLION

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ECONOMIC DEVELOPMENT, BUT ALSO
QUALITY OF LIFE AND QUALITY OF
PLACE AND AS WE TALKED ABOUT
3,000 JOBS ARE SO ANNOUNCED IN

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THE LAST COUPLE OF WEEKS AND
WHERE WILL YOU GET THAT TALENT
FROM.
>> WE HAVE TO SKILL THAT UP AND

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DO IT UP AND MAKE SURE THE FARM
TEAM IN THE K-12 SYSTEM THE PIPE
LINE IS PRODUCING STUDENTS WHO
WISH TO GO RIGHT INTO A CAREER

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HAVE THAT PATHWAY TO DO IT.
WE HAVE TO BE RE- SKILLING AND
UPSKILLING FOLKS THAT ARE OUT
THERE MAY BE NOT JUST ON THE

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SIDELINES.
WE'VE GOT 108,000 UNFILLED JOBS
AND SO WHEN YOU THINK ABOUT IT
NOT JUST MINIMUM WAGE THESE ARE

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RESTAURANT STARTING AT $14 AN
HOUR AND THE JOBS WE ARE
BRINGING IN FOR THE ECONOMIC
DEVELOPMENT CORPORATION THEY ARE

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A TICK UNDER $30 AN HOUR SO WE
TRULY HAVE ALL OF THE ABOVE WE
HAVE TO MAKE SURE WE ARE
MATCHING AND CONNECTING WITH NOT

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JUST THAT CAREER BUT THE SKILLS
THAT YOU NEED TO SHOW THOSE JOBS
AND THAT'S WHERE WE ARE STARTING
TO RUN IN FRONT OF THE

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COMPETITION IS BEING THE
CONCIERGE AS A STATE AND CITY
AND LOCAL COMMUNITY TO BUILD UP
THAT WORKFORCE THAT IS IN YOUR

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BACKYARD RIGHT NOW.
>> AS WE WRAP UP GOVERNOR YOUR
TAKE ON HOW INDIANA IS POSITION
TO COME OUT OF THE PANDEMIC WITH

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A LOT OF MOMENTUM BUT SOME PAIN
IN THE RESTAURANT TOURISM AND
OTHER SECTORS AND HOW IS INDIANA
IN YOUR VIEW POSITION POST

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PANDEMIC.
>> ANOTHER THING THAT CAME OUT
OF THE BUDGET WAS WE CAME OUT IN
SUCH A STRONG FISCAL POSITION

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AND THAT'S A REMINDER ABOUT HOW
IMPORTANT THAT REALLY WAS AND
STILL IS.
WE ARE STILL THERE.

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I SAID WHEN WE COME OUT I WANT
TO BE STRONGER THAN WE WERE.
WE PAID OFF OR AVOIDED DEBT TO
THE TUNE OF $1.6 BILLION COMING

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OUT OF THIS BUDGET.
WE HAVE A 2 BILLION-DOLLAR PLUS
RESERVE AND A STRUCTURAL SURPLUS
GOING FORWARD.

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SO WE MAINTAIN THAT AAA CREDIT
STATE CREDIT RATING STATUS AND
AFTER THE PANDEMIC THE NAME OF
THE GAME FROM NOW ON IS SKILLING

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UP OUR WORKFORCE AT EVERY TURN
FOR EVERY SECTOR.
THAT'S WHERE WE ARE SQUARELY
FOCUSED.

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>> GOV. ERIC HOLCOMB, THANK YOU
FOR JOINING US AND WE LOOK