Why You Should Relocate Your Office to Northeast Indiana
Forbes has ranked Indiana as the #1 place to start a business in the United States, and it’s easy to see why. Our state boasts a low cost of living and doing business, a high quality of life, and a great central location.
And Indiana’s not just a great place to start a business. It’s also a great place to relocate or expand! Northeast Indiana is specifically seeing growth and success across the board in a wide variety of industries. This area is economical, strategically located, and great for growing companies and corporate offices.
If you’re looking to relocate or expand your office to northeast Indiana, keep reading!
Strategic Location
Situated in the heart of the Midwest, Indiana offers a strategic location for businesses, headquarters, and corporate offices aiming to serve markets across the nation. According to ChiefExecutive.net, Indiana has continued to rank #6 in the best states for doing business according to industry CEOs. Indiana also ranks #13 in CNBC's list of Top States for Business 2023 with high marks in economy, infrastructure, and cost of doing business.
With excellent access to major highways, railways, and ports, transporting goods and connecting with customers becomes seamless. This strategic location enhances supply chain efficiency and minimizes transportation costs, providing a competitive edge for your business. We have earned the nickname Crossroads of America for a reason.
Northeast Indiana is a vibrant 11-county region anchored by Fort Wayne, the #2 fastest-growing metro in the Great Lakes region and the state’s second-largest city. With more than 1 million residents and proximity to major Midwest cities, Northeast Indiana has become an ideal location for businesses to relocate or expand.
Recent business expansions or relocations to the area include Google Data Center, Plug and Play, SwissRe, L3Harris, Do It Best Corp, Star Financial Group, and Golden Steps ABA.
Business-Friendly Environment
Indiana prioritizes economic development and offers a range of incentives and tax credits to attract and retain businesses. From tax abatements to infrastructure assistance, the state fosters an environment beneficial for business growth and continued success.
Whether you're a startup or an established enterprise, Indiana's business-friendly policies can support your expansion plans. Some incentives for business growth include:
- Property Tax Abatements:
- Businesses investing in new personal and real property may be eligible for phased tax abatements over a 10-year period, reducing their tax burden and encouraging investment.
- Grants and Loans:
- Various grant and loan programs are available to support new business development, providing financial assistance for everything from building acquisition to workforce training.
- Tax Credits:
- Indiana offers a range of tax credits, including incentives for headquarters relocation, research and development, and job creation, further incentivizing business growth and innovation.
Diverse Economy
Indiana's economy is characterized by diversity, with strengths across various sectors including healthcare, technology, logistics, manufacturing, and agriculture. Diversification reduces reliance on any single industry and creates opportunities for collaboration and expansion. Indiana is great for career growth and development, offering a multitude of avenues for professional advancement.
Learn about a few industries and companies already headquartered in Northeast Indiana.
Healthcare & Medical Devices
Specialty Insurance
Distribution & Ecommerce
Defense & Aerospace
Food & Agriculture
Automotive & Assembly
Quality of Life
Beyond business advantages, Indiana offers a high quality of life with living costs 44% less than the national average. With affordable housing, excellent schools, and a plethora of recreational and cultural amenities, Indiana caters to diverse lifestyles. Whether you prefer urban living in Indiana’s second-largest city of Fort Wayne or a more rural setting, the state offers a range of living options to suit your preferences.
Nearly $2 billion in capital investment has been made in the region from 2018-2022 and more than $1 billion in investments has taken place over the last ten years in downtown Fort Wayne. Fueled by a complete transformation, downtown Fort Wayne has seen growth in large part to Parkview Field, Promenade Park, The Landing District, Electric Works, and the ongoing Riverfront Development projects.
Northeast Indiana attracts over 7.5 million visitors per year. Residents and tourists have access to amenities one would expect to find in a large city, like excellent entertainment options, amazing sports, 150+ annual festivals, and a thriving art and food scene. Outdoor enthusiasts can enjoy over 400 natural lakes and miles of recreation trails and waterways.
A satisfied workforce translates to increased productivity and engagement, benefiting your company in the long run. Offering a quality of life and top-tier amenities that attract and retain talent, it’s easy to understand why Northeast Indiana is becoming a hotbed for corporate growth and expansion.
Relocating your office to Indiana offers a host of benefits ranging from affordability and strategic location to a diverse economy and high quality of life. With a supportive business environment and abundant growth opportunities, Indiana is an ideal destination for companies seeking long-term success and prosperity.