Business and Economics

Pence Talks New Jobs 2013 Totals For State

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December 19, 2013 —

INDIANAPOLIS – Gov. Mike Pence announced a series of seven economic deals on Wednesday that could eventually result in more than 1,000 new jobs in Central Indiana.

In all, the Indiana Economic Development Corporation has signed agreements with 261 companies this year that have agreed to create jobs in the state in exchange for tax breaks, training grants or other incentives.

Pence said that’s a record number of deals. However the total number of jobs promised for the state – 21,420 – and the total pledged investment – $2.63 billion – fall short of previous high marks.

The numbers represent commitments to create jobs, not actual positions. In past years, some deals have fallen through or companies have failed to create as many jobs or invest as much money as they’d promised.

Still, Pence called 2013 “another groundbreaking year for Indiana.” He credited in part tax cuts the General Assembly passed earlier this year.

“With Indiana’s private sector growth far outpacing the national average, our message is resonating as more companies than ever are choosing Indiana for growth,” Pence said in a statement. “In the coming year, we will remain steadfast in our commitment to maintaining a low-tax, fiscally sound climate and continue to position Indiana as a state that works for business.”

Democrats said Wednesday they were skeptical about the governor’s numbers.

“Hoosiers have seen a lot of these slick jobs announcements in recent years,” said House Minority Leader Scott Pelath, D-Michigan City. “And once the press releases are deleted and the promised jobs never materialize, they notice that the politicians are long gone.”

He said too many Hoosiers are out of work or aren’t earning enough to adequately care for their families.

“Our citizens believe Indiana can do a lot better, and they will cast their judgments based on outcomes and not promises,” Pelath said.


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