Manufacturing Readiness Grants continue securing investments in smart technology
INDIANAPOLIS (Sept. 9, 2021) – The Indiana Economic Development Corporation (IEDC), in partnership with Conexus Indiana, announced the fourth round of awards totaling more than $2.8 million to 34 Indiana businesses in Manufacturing Readiness Grants to support a projected $17.4 million in technology-based capital investment in Indiana. "Hoosier manufacturers are preparing now for the industries of tomorrow," said Governor Eric J. Holcomb. "Through the Manufacturing Readiness Grants program, these forward-thinking companies are modernizing their operations to set themselves up for a successful future, creating high-skill, high-wage jobs for Hoosiers in all parts of the state and propelling the long-term growth of Indiana’s strong manufacturing sector." The Manufacturing Readiness Grants program was launched in 2020 to stimulate private sector investments to modernize Indiana’s manufacturing sector. Based on the program’s success, the Indiana General Assembly appropriated $20 million in additional funding to [...]