Doing Business Here
You really can have everything, and Northeast Indiana is proof of that. As a region, we represent the best of what it truly means to be American. And we sincerely believe that.
In Northeast Indiana, the American dream is still alive. Whether you are looking to buy your first home or grow your family, you can do that, and more, in Northeast Indiana. Here, you can afford to live bigger and do more because of our affordable cost of living.
Our region’s rich history of innovation and technical problem solving is at the root of what powers and empowers the region.
We’re relentlessly driven to achieve the highest strategic visions, and we can’t do that without nurturing and maximizing our existing and future talent.
We control our own destiny. That’s us. That’s Northeast Indiana. That’s our region.
Let’s Talk Numbers. Let’s Talk Differentiators. Let’s Talk Business
There are many aspects of Northeast Indiana that make it an unparalleled place to earn a living and to do business: the convenient location, the low cost of doing business, the diverse workforce, and abundant natural resources. These set the region above the rest. And if we may be bold—well above the rest.
- It’s a two-hour drive to Indianapolis and a three-hour drive to Chicago, Detroit, Columbus, and Cincinnati.
- Fort Wayne is the second-largest city in Indiana, and Northeast Indiana has a regional population of more than 700,000.
The Cost of Doing Business
- The region’s largest electricity provider, Indiana Michigan Power (AEP), has an average industrial rate of 5.42 cents/kWh, 22 percent below the national average.
- Indiana ranks eighth in best tax environments in the United States and the best in the Midwest, based on the 2016 State Business Tax Climate Index by the Tax Foundation.
- Our area offers the second-lowest workers’ compensation rates and the 14th-lowest unemployment insurance rates in the nation and the lowest in the Midwest.
- The Fort Wayne area has a diverse industry base with high employment concentrations in insurance, logistics, defense, automotive, medical devices, and food processing.
- Indiana is a right-to-work state.
- We are home to more than a dozen colleges and universities.
- The Fort Wayne area is home to tens of thousands of graduates from nearby Purdue University, Indiana University, the University of Notre Dame, and Ball State University.
- We have the second-highest concentration of New Tech schools in the nation behind New York City, and the largest concentration of STEM-focused New Tech schools in the country.
- Two major interstate highways—I-69 (north/south) and I-80/90 (east/west)—run through the region.
- The region is served by two Class I freight railroads, CSX and Norfolk Southern; numerous Norfolk Southern main lines converge in Fort Wayne, connecting to Detroit, Chicago, Cincinnati, Buffalo, Kansas City, and Toledo, with a major east-west CSX main line from Chicago to the northeast passing through Auburn, Indiana.
- Numerous Class III Genesee & Wyoming Railroad lines and the Indiana Northeastern Railroad also serve the region.
- The state of Indiana ranks first in pass-through interstates, second in the world’s largest FedEx air hubs, third in freight railroads, and fifth in Class I railroads.
- Fort Wayne International Airport (FWA) is home to four major carriers: Allegiant Air, American, Delta, and United. There are over 100 weekly nonstop departures to Newark, Charlotte, Chicago, Atlanta, Detroit, Dallas/Fort Worth, Minneapolis, and other major cities.
- The region also has several municipal airports, two of which have runways more than 5,000 feet long.
- The newly expanded Foreign Trade Zone (FTZ #182) offers duty exemptions and payment deferrals for many businesses engaged in importing and exporting.
- There is an abundance of water to support the needs of industrial and food/beverage companies.
- Excess water capacity in the region’s largest municipal water system, Fort Wayne City Utilities, is more than 35 million gallons per day.
- Indiana is the nation’s fifth-largest corn-producing state, fourth-largest soybean-producing state, and one of the fastest-growing dairy states. These products support regional food processing companies.
If you’re as serious about business as we are, then give us a call today and let’s chat about how business in Northeast Indiana can benefit your company.Call Us