Indianapolis Region Touts Record $2.4 Billion in Capital Investment in 2018

(INDIANAPOLIS) – Today regional economic development organization Indy Partnership, a business unit of the Indy Chamber, announced a record-setting 2018 with over $2.4 billion in capital investment across the 9-county Indianapolis Region, in addition to more than 10,000 jobs created in that same timeframe. In comparison to records dating back to 2001, these investment figures have never been better.

“I’m happy to announce that the Indy Region has set a new bar for annual investment,” notes Indy Chamber Chief Economic Development Officer Maureen Donohue Krauss. “So much of our organization’s activity contains confidential information, so we’re always excited for the opportunity to share these numbers as a measure of success for the communities of Central Indiana.”

Indy Partnership’s business development professionals, working with local partners across the region, assist companies throughout the site selection process as they choose the ideal location for an expansion, relocation, or new operation. The organization offers assistance in compiling data, location information, incentive opportunities, and more to help business leaders make an informed decision on their potential growth in the Indianapolis Region.

Today’s announcement comes on the heels of a headline-grabbing year in 2018, with Indianapolis reaching the list of 20 finalists for Amazon HQ2. Despite the results of this process, Krauss feels that this exposure has and will continue to benefit our communities for years to come.

“We entered the Amazon HQ2 process with the intent to create content that not only served the needs of our bid, but could be repurposed for projects beyond it,” added Krauss. “We can’t say enough about the incredible partners who helped us gather, organize, and distill months worth of research, content creation, and messaging into mere days. Not only did we reach the final rounds of this process, but we solidified our regional status as a force to be reckoned with.”

Beyond Amazon, the Indy Chamber continues its efforts to rethink economic development through Accelerate Indy, a five-year holistic strategy aimed at helping the Indianapolis Region focus its economic development resources to increase prosperity for the business and workforce needs of a changing economy.

“The success of our region hinges on a network of public, private, and philanthropic partners working collaboratively for inclusive prosperity,” said Michael Huber, President and CEO of the Indy Chamber. “Accelerate Indy provides the blueprint for this growth, but cannot be executed by one organization alone. We remain committed to this strategy and as the lead implementer will continue full speed ahead in our pursuit to ensure all in our region have the opportunity to succeed.”

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