Business Expansion & Attraction
Indiana’s growth strategy is delivering for companies already here and for global employers choosing to invest here. Across industries and regions, businesses are expanding in Indiana because they can move with speed, find the talent they need, and count on a state that works in partnership with them. These investments reflect confidence in Indiana’s workforce, infrastructure, and region-led approach, and they are creating high-skill, high-wage opportunities for Hoosiers statewide.
INCOG BioPharma | Fishers • $200M investment • Nearly 1,000 jobs by 2030 • Injectable biopharma manufacturing INCOG BioPharma announced a $200 million expansion of its Fishers manufacturing campus, significantly increasing injectable drug production capacity and positioning the site as a global hub for biopharmaceutical manufacturing. By 2030, the expansion is expected to grow the workforce to nearly 1,000 high- skill, high-wage jobs, reinforcing Indiana’s leadership in life sciences and advanced manufacturing. “Indiana gives us the talent, speed, and partnership required to scale globally.” — Cory Lewis, CEO, INCOG BioPharma
Hyster-Yale Materials Handling | Avon • 300+ jobs • Customer & Parts Solutions Center • Logistics and advanced manufacturing hub Hyster-Yale Materials Handling announced the relocation and expansion of its North American Customer and Parts Solutions Center to Avon, Indiana, consolidating operations and modernizing its aftersales and parts distribution network. The new facility is expected to create more than 300 high-paying jobs and strengthen Indiana’s growing logistics and advanced manufacturing ecosystem. “Indiana gives us the logistics access, capacity, and partnerships needed to modernize and grow.” — Brett Schemerhorn, President of Aftersales, Hyster-Yale Materials Handling
Bombardier | Fort Wayne • 100 high-skill aviation jobs • Fort Wayne International Airport • MRO services for next- generation business jets When Bombardier decided to build its first service center in the Midwest, local business leaders in Fort Wayne jumped at the opportunity and partnered with the state to bring it to Indiana. Now, the state will be home to this new strategic aviation hub— bringing high-skill, high-wage jobs to northeast Indiana. “Indiana operates at the speed of business. Fort Wayne gives us the talent and confidence to expand our footprint in the U.S.” — Éric Martel, President & CEO, Bombardier
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Office of Commerce 2025
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