Indiana to support United Kingdom-based companies, Brexit or not

By Adrianna Pitrelli
TheStatehouseFile.com

INDIANAPOLIS – Indiana is showing support of companies based in the United Kingdom as they face financial and political uncertainty after Brexit – the country’s vote to leave the European Union.

The state will show an ad to an Indiana delegation attending the 2016 International Farnborough Air Show, which is held each year in Hampshire, England. The ad will read, “Brexit or not, you’ll always be front of queue for business in Indiana.”

“International job creators play an important role in Indiana’s economy, with nearly 800 foreign owned establishments operating here today, including more than 50 U.K.-based business,” said Victor Smith, Indiana Secretary of Commerce in a statement.

Britain’s vote to leave the European Union impacted global markets and caused the British pound to fall to its lowest level in decades. The decision is expected to impact investment and long-term business commitments to the U.K.

This is the third consecutive year an Indiana delegation has attended the air show. During the last two years, industry leaders have announced plans to invest more than $900 million in their Indiana operations, committing to create more than 1,200 new Hoosier jobs. The state’s aircraft and spacecraft exports have increased at an average annual rate of nearly 30 percent.

“To our U.K-based firms, know that we support you and value the Hoosier jobs you create. To job creators across the globe, we invite you to learn more about the benefits of doing business in a state that works,” said Smith in a statement.

The ad is part of the Indiana Economic Development Corporation’s ongoing A State That Works campaign, which highlights the reasons why companies should choose Indiana for business.

Adrianna Pitrelli is a reporter for TheStatehouseFile.com, a news website powered by Franklin College journalism students.

Print Friendly, PDF & Email

Share This Post