REGIONAL ADVANTAGES

Whether you are a startup, an expanding business, or a multinational corporation, we invite you to discover why Southern Indiana is the right location for growing your business.

 

  • Indiana is a Right-to-Work state
  • Manufacturing Location Quotient for the Radius Region: 2.1
  • 4th highest concentration of STEM related professionals in the nation (Martin County)
  • Reducing corporate income tax from 6.25% down to 4.9%
  • Indiana is 1st in the Midwest for low taxes: Tax Foundation’s
    2017 Business Tax Climate Index
  • Indiana has no inventory tax
  • Cost of living 10.4% below national average in region
  • AAA bond rating by all three credit agencies
  • Indiana ranks 2nd nationally in Cost of Doing Business by CNBC’s Ranking of America’s Top States for Business 2017

 

Regional Impact Fund

Businesses in the Radius Indiana region benefit from the Regional Impact Fund (RIF), which supports area growth and expansion efforts. The RIF is a sub-organization of Radius Indiana with a sole purpose of making investments in public and private organizations that advance regional economic development strategies. The RIF makes such investments in the form of grants, loans, equity investments, or other such vehicles deemed to be in the best interests of Southwest Central Indiana. The RIF gives high priority to projects that include job creation, site development and expansion. In 2017, the RIF distributed more than $3 million to area businesses.

 

INFRASTRUCTURE

The Radius Indiana region is framed by interstates I-65, I-64 and I-69, and Indiana boasts the most interstate connectivity in the nation. Average commute time is less than 30 minutes and more than 80 percent of the U.S. population is reachable within 24 hours.

The region is home to the I-69 corridor, the largest new-terrain public infrastructure project in the U.S. I-69 is attracting new businesses and industries, connecting residents to new job opportunities as well as linking thousands of Hoosiers to urban areas, major medical facilities and educational institutions.

Water

Located less than an hour from Interstate 64 are multiple state and private ports for marine transportation on the Ohio River. Indiana is also ranked 4th in the nation for the largest dry cargo barge fleet.

American Commercial Lines
With a fleet of approximately 4,200 barges, powered by 175 towboats, ACBL is one America’s largest liquid cargo and dry cargo barge lines. Headquartered in Jeffersonville, Indiana, ACBL employs nearly 3,700 teammates and our Transportation Services unit operates fleets and terminals throughout the inland waterways network.

Port of Indiana
The Ports of Indiana is a statewide port authority operating three ports on the Ohio River and Lake Michigan. Ideally situated on two major North American freight transportation arteries – the Great Lakes and the Inland Waterway System – the state’s three-port system serves the world’s most productive industrial and agricultural regions.

Other port cities that can be reached through marine transportation include:

  • Evansville, IN
  • Mount Vernon, IN
  • Henderson, KY
  • Owensboro, KY
  • Wurtland, KY
  • Cincinnati, OH

Interstates

The Radius Indiana Region is framed by Interstates 64, 69 and 65.

Trucking

Indiana is ranked 6th in the nation in long-distance trucking establishments. A network of roadways that provide 1,100 miles of expressways across Indiana allows for convenient transportation of good within the state and easy access to the nation.

Rail

Indiana is ranks 5th in Class I railroads and has 4,000 miles of rail lines. The Radius region has major Class I tracks as well as regional lines.

Class I Railroads

·     CSX RR
·     Norfolk Southern RR

Regional Railroads

·     Dubois County RR
·     Indiana Railroad Museum
·     Indiana Southern RR

Air

The Radius region has access to three major international airports, as well as 10 local airports located within the region.

International Airports

Indianapolis International Airport
Cincinnati/Northern Kentucky International Airport
Louisville International Airport

Regional Airports

French Lick Municipal Airport
Huntingburg Airport
Orleans Airport
Daviess County Airport
Patoka Reservoir Landing Area
Paoli Municipal Airport
Shawnee Field Airport
Morrison Flight Park Ultralight
Virgil I. Grissom Municipal Airport
Salem Municipal Airport

WORKFORCE

Workforce By The Numbers

  • 105,633 person workforce
  • 21,282 people employed in the manufacturing industry
  • 4th highest concentration of STEM professionals

UTILITIES

Radius Indiana has an extensive network of utility partners that support economic development efforts in the region. Radius works with our providers to meet the needs of site selectors and businesses looking to locate in the area.

Explore the service areas of the Radius Indiana regional utility providers through our sites and buildings database.

 

Electric and Gas

Vectren
Vectren Corporation is an energy holding company headquartered in Evansville, Ind. Vectren’s wholly owned subsidiary. Vectren North provides energy delivery services to 570,000 natural gas customers located in central and southern Indiana. Vectren’s Nonutility Group is involved in Infrastructure Services and Energy Services. Infrastructure Services provides underground construction, repair, and replacement services

Duke Energy
Duke Energy is the largest electric power holding company in the United States, supplying and delivering energy to approximately 7.4 million U.S. customers. The company owns and operates diverse power generation assets in North America and Latin America, including a portfolio of renewable energy assets. Duke Energy is a Fortune 125 company traded on the New York Stock Exchange under the symbol DUK. Service area covering approximately 95,000 square miles in the Southeast and Midwest

Hoosier Energy
Hoosier Energy is a generation and transmission cooperative providing wholesale electric power and services to 18 members distribution cooperatives in central and southern Indiana and southeastern Illinois. Based in Bloomington, Indiana, Hoosier Energy operates coal, natural gas and renewable energy power plants and delivers power through nearly 1700 miles of transmission network.

Harrison REMC
Harrison REMC is a not-for-profit organization, locally owned and operated by the members it serves. Harrison REMC is part of a national group of over 900 electrical distribution cooperatives in 47 states that serve over 42 million people.  Electric co-ops in the U.S. own and maintain 2.5 million miles of line and cover three quarters of the nation’s land mass. Harrison REMC looks forward to continuing to provide reliable, affordable and safe electricity to our members.

Dubois REC
More than sixty-five years ago, a group of determined, rural residents united in their cause to bring electricity to their homes and farms. Neighboring investor-owned utilities could see no profit in serving rural areas, so local farmers and rural residents banned together to form Dubois REC. Dubois REC offers a variety of rebates for residential customers to save energy in new or existing homes. Rebates are offered for geothermal and air-source heat pumps, central air conditioners, electric water heaters, and electric thermal storage units (both room and whole-house units).

Daviess-Martin County REMC
Daviess-Martin County REMC, located in Loogootee, Ind., was organized and incorporated in the March of 1939. It is a provider of electric services. The company offers a wide array of products, such as metered propane, security lights, electric grills, weather radio, long distance, ETS heaters, water heaters, CFL bulbs and surge protection. Indiana was one of the states that took the lead in rural electrification. The REMC Act providing the legal framework for organizing REMC’s was adopted in 1935. During that same year, President Franklin Roosevelt issued an Executive Order creating the Rural Electrification Administration as part of his emergency relief programs to fight the depression.

Utilities District of Western Indiana REMC
UDWI REMC, a Touchstone Energy Cooperative, is a member of the Hoosier Energy Power Network and the 4th-largest electric co-op in southern Indiana, serving over 19,000 meters in Clay, Daviess, Greene, Knox, Lawrence, Martin, Monroe, Owen, Putnam, Sullivan, and Vigo counties for 80 years. Based in Bloomington, Indiana, Hoosier Energy operates coal, natural gas and renewable energy power plants and delivers power through a 1,500-mile transmission network.

Orange County REMC
More than 75 years ago, a group of determined, rural residents united in their cause to bring electricity to their homes and farms. Neighboring investor-owned utilities could see no profit in serving rural areas. So local farmers and rural residents joined together to form Orange County REMC.Today, the REMC has grown into an electric cooperative with nearly 8,000 members.

CASE STUDIES

1Way Technologies Enjoying Success After Merger
Entrepreneurs and small businesses are the backbone of Radius Indiana’s eight-county regional economy. The Indiana Small Business Development Center reports that the Radius Region is home to nearly 9,000 small businesses, or about 3 percent of Indiana’s total number of small businesses. The Region also accounts for 3.4 percent of new businesses established in Indiana during the past year.

Battery Innovation Center Powers Technology and Collaboration in Radius Region
The Battery Innovation Center (BIC) is a center of excellence in the energy storage industry. The Center is an extraordinary facility that contains highly specialized equipment and professional expertise needed to provide the rapid development, testing and commercialization of emerging energy storage systems for commercial and defense organizations.

GKN Sinter Metals Adding Jobs in Washington County
The world’s leading supplier of metal power precision components, GKN Sinter Metals, announced a significant expansion and additional jobs at its Salem, IN location early this year.

I-69 Corridor Connects Radius Indiana Region
The Radius Indiana region is home to the new I-69 corridor, the largest new-terrain public infrastructure project in the U.S, which now stretches 120-mile from Evansville to Bloomington, and continues to grow.

Regional Funding Gives Businesses, Schools and Communities a Boost in the Radius Indiana Region
Radius Indiana, an eight-county economic partnership in southern Indiana, holds the unique advantage of maintaining the multi-million dollar Regional Impact Fund (RIF), which is the region’s very own deal-closing fund, used to assist economic development successes throughout the eight counties.

Huntingburg, IN and Bedford, IN: STELLAR COMMUNITIES Enhance the Radius Region
What makes a community “stellar”? The question is one that residents of rural Indiana ask when they evaluate their own communities. What could be done to improve the cities and towns where they work and live?  They ask because they feel empowered to add a Stellar shine to their hometowns through the aid of an ongoing State program, Stellar Communities.