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State of Logistics Industry – Indiana: The Crossroads of America

June 22, 2017

In its first State of the Logistics Industry Report, Conexus Indiana’s Logistics Council (CILC) is releasing Indiana: The Crossroads of America, focused on Indiana’s nationally ranked logistics industry.

  • Logistics makes up 3.3 percent of Indiana Gross Domestic Product (GDP) and is responsible for efficient flow of products through Indiana to the rest of the world.
  • Indiana’s logistics and transportation industry is a significant source of jobs for Hoosiers and accounts for more than 4 percent of jobs in Indiana.

The report builds on nearly a decade of work by CILC and includes data on Indiana’s infrastructure network of road, rail, waterborne and air assets and outlines Indiana’s public policy, workforce development programs and public/private partnerships that lead to exceptional leadership.

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2017 Manufacturing and Logistics Report Card for Indiana and U.S.

June 9, 2017

Contrary to public perception, U.S. manufacturing and logistics industries experienced dramatic growth over the past generation, with Indiana outpacing many of its Midwestern counterparts and the nation.

U.S. manufacturing production grew 11 percent since the dot.com bust (2000-03) and the ensuing economic turbulence of the 2001 and 2007-09 recessions, according to Manufacturing and Logistics: A Generation of Volatility & Growth, released by the Ball State Center for Business and Economic Research (CBER) and Conexus Indiana.

The report also found that manufacturing production in Indiana grew 41 percent over the same period, a significant contrast to manufacturing losses in Michigan, Illinois and Ohio.

Access to the Indiana report, U.S. report and the Manufacturing and Logistics: A Generation of Volatility & Growth can be found at http://conexus.cberdata.org/ or click on the images to the right.

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BioCrossroads – 15 Years of Life Sciences Collaboration and Results in Indiana

May 8, 2017

BioCrossroads is celebrating 15 years as the first initiative of the Central Indiana Corporate Partnership (CICP). As it was at the beginning, BioCrossroads today continues its work with a focus on collaboration. Since its inception, the life sciences initiative has developed seven distinct programs.

Today, the life sciences sector in Indiana has more than a $62 billion impact, has nearly 1,700 companies and employs more than 56,000 workers.

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BioCrossroads releases 2016 annual report

April 27, 2017

For the biotech sector, national and even global forces drive constant change for business models, product approvals and investments, and ultimately, innovation, but Indiana’s life sciences industry maintained its strong leadership position in 2016 with an outsized number of employees, companies and exports.

The economic impact of pharmaceutical, medical device and equipment, agbiosciences, research, testing and medical laboratories and biologistics climbed to $63 billion – a result of more than 56,000 employees and nearly 1,700 companies exporting nearly $10 billion in products, the second highest in the U.S.

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CICP Releases 2016 Annual Report

March 22, 2017

In a year that brought many changes for the state of Indiana, one thing remained constant: the commitment of the Central Indiana Corporate Partnership (CICP) and our branded initiatives to drive a competitive strategy for economic development and regional prosperity.

CICP is a unique organization — in our structure, the quality of our board membership, the strength of our diverse sources of financial support, and the energy behind our many collaborations and essential projects. CICP truly is providing both the workshop to develop and then the runway to launch the best collaborative opportunities for our region’s future success. And our best opportunities lie ahead.

Learn more about our work at CICP and what our six initiatives AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana, Energy Systems Network and TechPoint are doing.

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BioCrossroads white paper: Money, Molecules and Management Drive Indiana Life Sciences Start-Ups

November 8, 2016

To understand what powers Indiana’s life sciences success, the story must begin with the individuals who provide the vision, drive discovery, form and support new entities, and find the capital that sustains  activity every day. BioCrossroads new white paper, Powering Indiana’s Life Sciences Community: Profiles of Money, Molecules and Management, details the leadership, innovation and economics of building the region’s life sciences entrepreneurial community. John Ketzenberger, president of the Indiana Fiscal Policy Institute, a not-for-profit government research organization, authored the paper. He has been covering business in Indiana as a reporter and editor for more than 25 years.

(Source: BioCrossroads)

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Indiana Agbiosciences: Ensuring a Sustainable Workforce for Our Future

October 27, 2016

Indiana’s vibrant agbiosciences industry is a significant economic driver to Indiana’s economy employing more than 75,000 individuals, many in higher wage jobs. In order to keep Indiana as an agbiosciences leader, there must be a robust talent pool with the right blend of skilled, educated and engaged individuals.

According to a new report from AgriNovus Indiana and TEConomy Partners, “Indiana Agbiosciences: Ensuring a Sustainable Workforce for Our Future”, the agbioscience industry has experienced job growth of over 22 percent since 2003, outpacing the rest of Indiana’s total private sector employment rate.

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Strategic Plan for Economic and Community Prosperity in the Wabash Heartland Region

August 30, 2016

After more than 18 months of research, planning and community engagement, stakeholders in the Greater Lafayette area released today a comprehensive strategic plan for economic and community prosperity throughout a ten-county region, referred to as the Wabash Heartland Region.

The plan identifies strategies that will augment the long-term growth and prosperity of the region by capitalizing on its regional strengths, including but not limited to, Purdue University, Ivy Tech Community College, industry clusters, and exemplary school systems. The strategic plan, funded by a planning grant from Lilly Endowment Inc., represents the first phase of a multi-year project overseen by the steering committee, which named itself the Wabash Heartland Innovation Network (WHIN).

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America’s Advanced Industries: New Trends – Indianapolis and Indiana

August 4, 2016

Indianapolis continues to drive a nationally competitive range of opportunities for regional growth and innovation in life sciences, computer systems design and vehicle parts manufacturing as well as in the service areas of engineering and management consulting, according to an updated study from Brookings Institution, America’s Advanced Industries: New Trends. 

The Brookings study analyzed 50 “advanced industries,” defined to be industries that invest heavily in technology innovation (more than $450 per worker), employ a workforce highly skilled in science, technology, engineering and mathematics (STEM), and also “encompass the country’s best shot at supporting innovative, inclusive and sustainable growth.”

2016 Brookings Advanced Industries Report

(Source: Brookings Institution, Central Indiana Corporate Partnership)

 

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2016 Manufacturing & Logistics Report Card for Indiana

June 2, 2016

Indiana has the largest state share of advanced manufacturing employment in the nation, with one out of every 12 workers employed in the advanced manufacturing sector, according a data released by the Ball State Center for Business and Economic Research (CBER) and Conexus Indiana. The data confirms that Indiana not only has the largest concentration of manufacturing in the nation, but also leads with nearly 53 percent of its manufacturing employment in companies deemed advanced manufacturing.

(Source: Conexus Indiana, Ball State Center for Business and Economic Research)