Sunday, January 10, 2021 4:00 AM Businesses commit to creating 31,300 new jobs, setting a new annual record for economic development with average salaries topping $58,000. Indiana continues to attract new investment, with 46% of new jobs committed coming from Hoosier startups and U.S. and international companies launching operations in the state Expansion plans detail growth in key sectors, including manufacturing, life sciences, technology and aerospace and defense Small businesses and venture development support remain critical tools, helping launch 333 new businesses, secure $365.6 million in government contracts, and bolster 109 companies' business plans to start and scale. Indiana Gov. Eric Holcomb announced the end of a fourth consecutive, record-breaking year for economic development in Indiana, with the Indiana Economic Development Corporation (IEDC) securing 282 commitments from companies to locate or grow in the state. Together, these businesses plan to invest more than $5.6 billion in their Indiana operations and create up to 31,300 new Hoosier jobs with average wages of $28.13/hour – marking the highest annual record for new job commitments and the second-highest annual record for average wages since the IEDC was established in 2005.