Absolutely correct. The main things a company looks for is 1) Tax abatement & low total taxes (real estate/inventory) & low cost workman comp pay, 2) Low cost utilities - fuel, electricity water and any other requirement for day to day business, 3) Minimal State EPA - OSHA type regulations, as well as any special regulations for their particular industry. 4) Low/competitive labor rates & right to work law. as well as a good labor pool with the skills needed for their operation. 5) Dependent on the type of operation (heavy industry, small parts etc.) an easy / inexpensive transportation/shipping method for their products to market. Indiana does fare pretty well in most of the above and is eager to entice new manufacturing facilities into the State. Might be good if people put a bug in the Governor's or some of our Senator's or Rep's ears.It's all about the mighty dollar. The state with the best tax abatements will win the business.
It's all about the mighty dollar. The state with the best tax abatements will win the business.
Advertise?
The way the jacked up the corporate tax rates a year ago I have no idea why they didn't leave then. They must love it there for some reason??
they would be unable to make any products and what they could produce would be lower quality then what was offered before, due to experienced employees NOT wanting to uproot their family and new/less skilled employees learning their crafts.