May 2 – Governor Eric Holcomb and Secretary Chambers Conclude Economic Development Trip to Europe | fwbusiness

INDIANAPOLIS — Indiana Governor Eric J. Holcomb and Commerce Secretary Brad Chambers concluded an economic development trip to Sweden, the United Kingdom and Monaco on April 30 after attending the World Championship race in Formula E in Monaco. The week was dedicated to cultivating new business relationships, strengthening bonds of trusted partnership in Western Europe, leveraging opportunities to advance innovation and investment, according to an announcement from the Indiana Economic Development Corporation.

“Second. Chambers and I have spent an extremely productive week reaffirming trusted partnerships with European-based companies and fostering collaborative discussions with government officials,” Holcomb said in the announcement. are already translating into new investment interest in Hoosier State, and we look forward to building that momentum even further.

On April 25, Holcomb, Chambers and the delegation, which included senior executives from the Indiana Economic Development Corporation, met with Saab executives, including President and CEO Micael Johansson and Chairman of the Board of Directors. Marcus Wallenberg, to collaborate further on how Indiana can invest in the evolution of the industry. technologies that promote defense and national security.

On April 26, before heading to the UK, the delegation met with the American Chamber of Commerce in Sweden. A breakfast discussion highlighted Indiana’s economic growth and concierge approach to business development. Indiana is home to 27 Swedish companies that are building and championing a new energy and technology ecosystem.

On April 27, the delegation met with Penny Mordaunt, British Minister of State for the Department for International Trade. The state’s partnership with the Department of International Trade will help improve economic and workforce development at more than 100 UK-based businesses in Indiana and strengthen new partnerships in key sectors such as advanced manufacturing, aerospace and aviation, life sciences, agriculture and agrobiosciences.

Later in the day, executives from Titus Group, Cosworth, Meggitt and DS Smith met with the delegation to discuss how their respective Indiana operations can continue to grow in Indiana.

Holcomb and Chambers ended the day by meeting with Nick Hampton, CEO of Tate & Lyle, a global supplier of food and beverage ingredients and solutions, to discuss how Indiana can continue to support India’s integrated energy system. the company in Lafayette, where it employed more than 500 people. people and has invested approximately $75 million in energy and operational efficiency projects over the past two years.

The delegation stopped on April 28 at Rolls-Royce, which employs about 3,300 people in Indiana, to view and discuss the company’s latest technologies, sustainability and clean energy activities. Rolls-Royce’s net-zero strategy was highlighted during a tour of the Bristol, England plant, which develops jet engine technologies to reduce emissions and set efficiency benchmarks.

The final day included a trip to the Circuit de Monaco race. This race shed light on the future of all-electric professional motorsport, which includes a combination of high performance, efficiency and durability.

While watching the race, the delegation spoke with existing and potential leaders in international markets and discussed electric vehicle mobility, innovation and start-ups/scale-ups, particularly in the area of ​​the green economy.

This concludes Holcomb’s 11th international economic development trip as governor and is the third international trip with IEDC for Chambers. The governor and delegation returned to Indiana over the weekend.

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