INDIANAPOLIS – Indiana economic development officials are ending the year with a record number of deals but are lagging in job commitments and capital investment.
The Indiana Economic Development Corp. closed 261 deals in 2013 – up from 256 in 2012.
Gov. Mike Pence conceded that the deals were smaller but noted that while the economy continues to struggle, IEDCs hard work provides a solid foundation for growth in the future.
The closed deals promise 21,420 jobs in the coming years and planned capital investments of $2.6 billion.
Deals closed in 2012 projected 27,620 jobs and $6.4 billion in investments.
Pence reiterated that most of Indianas incentives for businesses are given when the jobs are created – not before.
Today is really about making sure Hoosiers know our economy is strong and growing stronger, he said. Its a source of encouragement.