Pep Boys, a leader in after-market retail automotive
parts and professional automotive repair services, recently chose Plainfield, Ind.,
for its new automotive parts distribution center, where it will employ 250 people.
"As we searched for a location, we were looking for reasonably priced real
estate, an abundant pool of experienced workers and a well-developed interstate system,"
said Stuart Rosenfeld, the company's assistant vice president of distribution. "Well,
we found that and more. We are very pleased to participate in Indiana's effort to
pioneer non-traditional economic development that will provide jobs to those receiving
public assistance. We hope our participation with this kind of innovation will become
an example of what business and government can do to improve everyone's quality of
life."
The "non-traditional economic development" to which Rosenfeld referred
is a welfare-to-work program, through which Pep Boys and the state of Indiana are
collaborating to provide job opportunities for qualified candidates who currently
are on welfare. Pep Boys is the first to try such a project in Indiana.
Through the program, the state will offer Pep Boys a $60,000 Training 2000 grant
and up to $1.4 million in EDGE tax credits. Also, funds will be provided for day
care and transportation.
The Indiana Department of Commerce's Training 2000 program offers grants that
reimburse qualifying companies up to 50 percent for the cost of training and retraining
workers. EDGE, which stands for Economic Development for a Growing Economy, is a
state program designed to provide tax credits to companies that make a significant
capital and jobs investment in Indiana.
EDGE tax credits also were offered to Software Artistry, a company that develops,
markets and supports software. The company, formed in 1988, will build a new corporate
headquarters in Indianapolis, where it will create 735 jobs by the year 2000. The
state will provide the company with $100,000 for employee training and up to $9.2
million in EDGE tax credits.
"We are extremely grateful to both the state of Indiana and the city of Indianapolis
for the loyalty they have demonstrated to Software Artistry," said Scott Weber,
the company's president and CEO. "As we anticipate the needs generated by our
continued growth, their commitment to the future of the software industry in Indiana
sealed our decision to expand locally."
America's Heartland
Evansville, in the southwest portion of the state, is a good example of Indiana's
communities. The labor force of 170,000 is highly-trained and representative of the
area's diverse economy. Evansville businesses can draw employees from a 50-mile radius
thanks to convenient transportation services. Also, the town sits on the Ohio River,
which carries more freight tonnage than any inland body of water in the world.
The Evansville region is served by five barge lines and two barge terminals. Evansville's
transportation network was enhanced in 1989 when the Evansville Regional Airport
terminal opened and began providing more than 40 daily flights to eight national
hub-airport locations. Because of its location, transportation network and skilled
work force, Evansville is particularly attractive to manufacturing, distribution
and warehousing operations.
Indianapolis and the state of Indiana have a lot to offer any company, especially
manufacturers. The manufacturing sector creates more than 31 percent of total earnings
in the state; more than 25 percent of the state's 2.85 million workers are employed
in manufacturing jobs; and distribution is convenient by air, road, rail and water.
With its northwest corner touching on the Great Lakes, Indiana alao has access to
the Atlantic Ocean. To ensure convenience, the
state built a state-of-the-art, deep-water harbor on its Lake Michigan shore.
Indiana tops the nation in the number of interstate highways. The state calls
itself the Crossroads of America, and for good reason. Interstate 69 connects the
northeastern manufacturing sectors with Detroit and the Great Lakes, and it and Interstates
65, 70, 74,
80 and 90 all merge in Indianapolis.
Midwest benefits
Frito-Lay, a subsidiary of Pepsico Inc., has undergone a number of expansions
in Indiana. One reason the company decided to expand in the state is Indiana's incentives
package, including its Training 2000 program.
"I am a big advocate of the business climate in Indiana," said John
Riley, manufacturing manager at Frito-Lay's Frankfort plant. "I grew up in Indiana
and was very excited when Frito-Lay decided to locate in Frankfort because I knew
these facilities would be successful. The state has opened up an aggressive incentive
package -- of which the training program
is a major part -- that is attracting large corporations.
Indiana businesses enjoy extremely competitive energy costs. The rates for all
industrial users in the state are 17 percent lower than the national average, and
residential energy users pay an average of 18 percent less than national averages.
"I like the warm, family atmosphere of the Midwest, seen especially here
in Indiana,"
said Riley. "This makes for a better work environment and helps pump up the
spirit of
your workers."