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Patrick
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Business Development

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INDIANA INFO

EXECUTIVE FACT SHEET
Get the facts about Indiana's central location, economy, demographics and infrastructure.
CRANE NSWC
The Crane Naval Surface Warfare Center, located in Crane, Indiana, is the 3rd largest navy installation in the world.

SOLID FINANCIAL FOOTING

In an age when states have spent themselves billions of dollars into the red and enacted massive tax increases to try to plug the holes, Indiana remains on solid financial footing.

(Standard and Poor's, Fitch, and Moody's)

BIO

FACTS

BioTech-(1).png Indiana encapsulates the human capital, research partnerships and distribution networks that life sciences companies need to compete in the 21st century, and delivers them in a single, concentrated location.

Indiana has one of the top three most specialized
and concentrated life science workforces in the
United States.
Battelle, 2010
Indiana’s life sciences exports totaled $7.4 billion
in 2009, the third highest in the United States.
BioCrossroads, 2011
Indiana’s patent rate is nearly three times higher
than the national average.
BioCrossroads, 2011

Indiana’s medical device industry is one of the state’s most valuable economic assets and has made Indiana a nationally recognized leader in the health care sector.

The sector employs over 20,000 people, accounting for more than 40 percent of the jobs in the state’s life sciences industry. - Walter H. Plosila, Ph.D., Indiana’s Life Sciences Industry: 2002-2010, June 2011
Indiana is the fifth largest state in percentage of medical technology industry employment. - Lewin Group, State Economic Impact of the Medical Technology Industry, June 2010
The industry generates more than $10 billion of annual economic output, and its reach extends far beyond direct employees because of its extensive supply chain and heavy concentration of manufacturing operations. Walter H. Plosila, Ph.D., Indiana’s Life Sciences Industry: 2002-2010, June 2011
In 2010, Indiana’s medical device companies manufactured more than $2 billion worth of exports or approximately $100,000 per employee. - Analysis by BioCrossroads of 2010 data from Wiser Trade database
It also provides high-paying jobs with the average medical device company employee being paid nearly $60,000 annually – more than 56 percent higher than the amount earned by the state’s average private sector worker. - Walter H. Plosila, Ph.D., Indiana’s Life Sciences Industry: 2002-2010, June 2011

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