Holcomb ‘bullish’ on outlook for economic development

Governor Eric Holcomb said economic development activity in Indiana was “extremely strong” in the first quarter, with a project pipeline “as hot as I’ve ever seen.” Governor and Commerce Secretary Brad Chambers returned to Indiana this weekend after a week-long business trip to Slovakia and Israel. While in Israel, the Hoosier delegation met with executives from Doral Renewables, the Israeli company developing the $1.5 billion Mammoth Solar project in northwest Indiana.

“For us, our partnership on America’s largest solar farm to date is special because it shows that we are a leader in this transition to renewable energy,” said Holcomb, who expects the Economic ties between Indiana and Israel are growing.

The Governor spoke with Gerry Dick, host of Inside Indiana Business, about the trade mission and an upcoming trade event he says everyone is talking about.

Indiana is the fourth largest exporter of goods to Israel in the Midwest and 19th in the United States

In addition, Indiana exports more than $1 million worth of goods to Slovakia, including chemicals, computer and electronic products, machinery, petroleum and coal products, and transportation equipment.

Slovakia is also home to several Indiana-based companies, including Evansville-based Berry Global Group Inc. (NYSE:BERY), Indianapolis-based Eli Lilly and Co. (NYSE:LLY), and Kokomo-based Green Cubes Technology.

The trip was Holcomb’s tenth international economic development mission, his second trip to Slovakia and third to Israel as governor.

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