STATEHOUSE – Indiana State Representatives Jeff Thompson (R-Lizton) and Greg Steuerwald (R-Avon) applaud Steel Dynamics Inc. for expanding their operations in Hendricks Co. The jobs announcement specified Indiana’s Right to Work law, which was passed during the 2012 legislative session, as one of the main factors for choosing to expand in Indiana.
“My top priority is to bring more jobs to Indiana,” said Rep. Thompson. “While our state continues to be at the forefront for private sector job growth and economic development, becoming a Right to Work state has opened the door to even more opportunities. I’m confident that more companies will be calling Indiana home and expanding within our borders due to this legislation and our taxpayer-friendly business climate.”
"The recent enactment of the right-to-work legislation is further evidence of Indiana's commitment to providing the most competitive business environment possible for global companies like us to grow," said Barry Schneider, vice president and general manager of Steel Dynamics' engineered bar products division.
The Indiana Economic Development Corporation offered Steel Dynamics, Inc. up to $600,000 in conditional tax credits based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Hendricks County will support the project through additional incentives at the request of the Hendricks County Economic Development Partnership.
Rep. Greg Steuerwald serves House District 40. He is the Chair of the Courts and Criminal Code Committee and the Vice Chair of the Statutory Committee on Ethics and serves on the Judiciary, Financial Institutions and Employment, Labor and Pensions Committees.