Kevin M. Brinegar
President and CEO
Indiana Chamber of Commerce
To the editor:
For those critics calling for an overhaul of the Indiana Economic Development Corp., I suggest taking a look at the big picture.
In its eight years of existence, the IEDC has secured record numbers of job commitments and business investment. In the past two years, agreements have been reached with more than 470 companies that are either expanding or relocating to Indiana. The job prospects for Hoosiers in the last few weeks total more than 4,100 with announcements from ExactTarget, Angie’s List, Land O’ Frost and more.
While some focus on the few businesses that struggle to get off the ground, one must remember that any incentives offered are not paid unless the jobs materialize. The corporation’s approach is a low/no-risk proposition for the state and Hoosier taxpayers.