Annual Report: Business & Industry
- Annual Report: Business & Industry
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Auto dealers seeing increase in sales
Overall auto sales have been climbing in the U.S., and it’s just as true in Madison County, where many dealerships have seen consumer demand on the increase.
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Job loss, low incomes lead to population drop
Though the federal government reports that the nation is on an economic upswing, Madison County continues to struggle with a 10.2 percent unemployment rate.
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Healthy growth
Growth along the Interstate 69 corridor has been healthy, at least for two area hospitals.
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Flagship forms hub of Exit 22
The Flagship Enterprise Center at Exit 22 was created in 2005. The business incubator has helped more than 100 companies get a start.
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Hoosier Park VP sees tourism driving economic turnaround
Jahnae Erpenbach, the vice president and general manager of gaming at Hoosier Park, strongly believes that the city of Anderson and Madison County are near a turning point in the area’s economic fortunes.
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Local banks saw a year of growth
During 2011, banks saw modest growth, returning to the industry despite a rough year in the media spotlight.
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Interest in people keeps Baker banking
Mike Baker, the regional president of North Central and Muncie regions of First Merchants Bank, entered the banking industry in 1983.
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Bright Automotive may be gone, but not the future
There’s no question the demise of Bright Automotive represents a blow to Madison County and the hybrid-electric niche it occupies in the automotive industry. But county economic development officials aren’t willing to let the engineering expertise that existed here with Bright slip away without a fight.
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Economic Development director on the lookout for businesses
As the city’s economic development director, Greg Winkler’s job entails seeking companies that are looking to expand or relocate. He tries to make such companies “give Anderson a hard look.”
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City wants to bring foreign companies, jobs
One of last year’s biggest economic development announcements in Anderson was the news that a 72-acre baseball and softball training and competition complex would be built along Interstate 69.
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