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KSM Blog | Katz, Sapper & Miller CPA

Indiana Perfect Location for Manufacturers

Posted 8:38 PM by

A recent ranking by Site Selection magazine placed Indiana as the second-most competitive state in the U.S. for business based on its annual competitiveness survey

The survey evaluated each state based on the following criteria:

  • Total new and expanded facilities in 2012 (and per 1 million population)
  • Total capital investment in new and expanded facilities in 2012 (and per 1 million in population)
  • Total new jobs created in 2012 (and per 1 million in population)
  • Rank in the corporate real estate executive portion of the 2012 Site Selection Business Climate Ranking
  • State tax climate as ranked by the Tax Foundation
  • Performance in the Beacon Hill Institute's State Competitiveness Index (Business Incubator Index)
  • Number of National Career Readiness Certificates per 1,000 residents aged 18-64, according to ACT — Workforce Development Division, administrator of the ACT Certified Work Ready Communities initiative

What does this mean for manufacturers? Indiana is a great location to set up shop! It provides manufacturers with a low-tax, business-friendly climate with a strong, knowledgeable workforce.

About the Author
Justin Hayes is a director in Katz, Sapper & Miller’s Audit and Assurance Services Group. Justin works with clients to help ensure accurate financial reporting, keeping an eye on their bottom line, and helping them avoid risk and maximize efficiencies. Connect with him on LinkedIn.

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