Indiana Represented in Economic Summit

Governor Eric Holcomb

Indiana Gov. Eric Holcomb represented Indiana in the 2022 SelectUSA Investment Summit in National Harbor, Md. that wraps up today. Led by the U.S. Department of Commerce, SelectUSA is the premier event connecting global companies with economic development organizations on significant foreign direct investment (FDI) opportunities.

The Investment Summit gathered global executives and business leaders to discuss opportunities in innovation and entrepreneurship, as well as key topics including research and development, startups, global market dynamics, supply chain, infrastructure and renewable energy.

Holcomb has been meeting with business executives and government leaders. Today, he is scheduled to participate in a panel highlighting Indiana’s investments in infrastructure, energy ecosystem and strength in public private partnerships. Indiana Secretary of Commerce Brad Chambers will also attend SelectUSA.

Since the first Investment Summit in 2013, the event has facilitated $59 billion in new FDI into the United States, supporting nearly 49,000 American jobs. This year’s Investment Summit is set to be the largest to date with more than 3,300 participants registered to attend the event, including 1,400 international companies from more than 70 individual markets and representatives from 51 U.S. states and territories.

Indiana is home to more than 1,090 foreign-owned business establishments, representing more than 40 countries. In 2021, 47 foreign-owned businesses committed to locating or growing in Indiana. Together, these firms plan to invest $3.55 billion in Indiana, creating jobs with an average wage of $29.57 per hour and accounting for 14% of the total new jobs committed in 2021.