2025 Office of Commerce Year End Report

Global Confidence Indiana to the World. Where Indiana’s strengths meet global demand. In 2025, Indiana reinforced its position on the global stage through landmark international partnerships that delivered real investment and long-term value. These agreements reflect confidence in Indiana’s people, infrastructure, and ability to compete worldwide.

Making History: Indiana– Taiwan Trade Commitment •  $6.4B in agricultural trade commitments •  Largest grain purchase in Taiwan’s history • Indiana corn & soybeans, 2026–2029 Taiwan signed $6.4 billion in letters of intent to purchase Indiana corn and soybeans through 2029, the largest agricultural purchase commitment in Taiwan’s history— reinforcing Indiana’s role in global food security and trade resilience. “Indiana is a trusted partner in ensuring Taiwan’s long-term food security. These agreements reflect confidence in Indiana’s farmers, supply chain reliability, and commitment to meeting global demand.” — Wen-Jane Tu, Deputy Minister of Agriculture, Taiwan

Nippon Steel & United States Steel Corporation | Gary • $3B+ investment at Gary Works • Part of an $11B U.S. modernization strategy • Long-term job stability • Next-generation steelmaking After acquiring U.S. Steel, Nippon Steel selected Indiana as a cornerstone of its U.S. manufacturing future. Significant capital investments at Gary Works are modernizing operations, strengthening domestic steel capacity, and supporting workforce continuity, reinforcing Indiana’s position as a national center for advanced and sustainable manufacturing. “Each milestone represents tangible progress on our mission to invest billions in the future of American steelmaking. These Gary Works projects will fuel American manufacturing and expand opportunities for Hoosiers. From the iron range to the finishing lines, these projects are the definition of investing in steel mined, melted and made in America.” — David B. Burritt, President and CEO of U. S. Steel “  This landmark agreement is poised to bring transformative investment and long-term benefits to Gary and Indiana’s economy.” Governor Mike Braun

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Office of Commerce 2025

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