Indiana, which passed its Right to Work Law in 2012, continues to top the charts in economic development. Inside Indiana Business Journal has the story.
Indiana ranked first in the Midwest and sixth nationwide as the best place to do business by Chief Executive magazine. It is the only Midwestern state ranked in the top 10.
As highlighted by Chief Executive, Indiana became the first Midwestern right-to-work state in 2012, a law that was upheld by the Indiana Supreme Court last year. Since its passing, more than 100 companies have indicated to the Indiana Economic Development Corporation (IEDC) that its passage was a factor in their decisions to locate or expand operations in Indiana. Collectively, these projects account for approximately 10,000 projected new jobs and more than $2.3 billion capital investment in the state.
This Chief Executive magazine ranking is the latest in a series of national accolades for Indiana’s business climate. Last year, Indiana was ranked best in the Midwest and 7th overall in Area Development magazine’s “Top States for Doing Business” as well as best in the Midwest and 7th in the nation in the Pollina Corporate “Top 10 Pro-Business States for 2014” study.