Transcript Slide 1
Indiana’s Business Environment Indiana offers a low-cost, pro-business environment, and a highly skilled, educated and capable workforce Indiana is the most manufacturing-intensive state in the nation with proven capability in metal fabricating and precise manufacturing High productivity, excellent logistics and an attractive business climate make Indiana a central location for manufacturing in the U.S. Indiana’s Transportation System “Crossroads of America” – 11,000 total highway miles, 8 interstate highways Rail System – 4,700 miles of mainline track Port System – 3 international ports on 2 major inland waterways Air – 4 international airports (Indianapolis, Fort Wayne, Terre Haute and Gary/Chicago) Indiana’s Transportation System Indiana is located within a half-day’s drive of more than 20 major metropolitan markets. Executives Rank Indiana Best First in the Midwest • 2009 Best Places for Business survey of more than 500 chief executives Best in Midwest for Low Taxes Indiana – 14th Iowa – 44th 44th 23rd 14th Illinois – 23rd Missouri – 16th 16th Foreign Direct Investment More than 15,800 new jobs and $8 billion investment since 2005 (Germany = 2,108 jobs, $563 million investment) First in North America for attraction of production jobs through FDI Focus on Asia, Europe creating new jobs for Hoosiers No. 1 per capita in Japanese investment including Subaru/Toyota/Honda Indiana is a global leader in clean energy innovation • the largest wind farm east of the Mississippi River • the world’s first full-scale clean coal power plant under construction in Knox County • the nation’s largest geothermal heating and cooling system underway in Muncie • Green tech companies like Horizon Wind Energy, BP America, Dominion, Fairfield Manufacturing Co., ATI Casting Service and Brevini Wind USA are all located in Indiana Wind Industry in Indiana Proven capability in metal fabricating, abundant low-cost power, and engineering expertise for wind power development According to AWEA – Fastest-growing state for wind energy installations in the U.S. Ideally positioned for delivery to major markets through our robust transmission grid No. 1 in the industrial Midwest in job growth in the clean energy economy between 1997 and 2008 (The Pew Charitable Trusts, June 2009) Recent Wind Energy Announcements Brevini USA – Manufacturer of planetary gear boxes selected Yorktown, IN for first U.S. manufacturing operation. 455 new jobs, $63 million capital investment. VAT Service/VAT Energies – A service division for wind turbine gear boxes and manufacturer of vertical vane turbines selected Yorktown, IN for first U.S. operation. 121 new jobs, $3.3 million capital investment BP’s Fowler Ridge Wind Farm in Benton County is the largest wind farm east of the Mississippi. Integrated Micro-grid: Resource Energy Efficiency Network DoD is 56% of Federal Government’s energy consumption with more than 3.8 billion kilowatt-hours of electricity annually. 2008’s Defense Science Board Task Force directs that all DoD installations be able to operate independently from the macro grid when needed. MicroGreen will integrate the entire spectrum of capabilities needed to generate, store & manage intelligent power employing alternative and conventional power technologies for fixed, mobile, and emergency needs using a micro-grid as the scalable delivery platform. The collaborative nature of this partnership will deliver turn-key style solutions for defense and commercial markets that provides three strategic advantages seamless integration scalable, replicable, and customizable solution up to 10 megawatts cost effective Hoosier Heavy Hybrid Partnership is a cooperative effort which seeks to commercialize more cost effective, higher-performance, and better integrated hybrid vehicle components and powertrain systems for light, medium, and heavy duty vehicles. 100 percent of the increase in transportation fuel consumed in the US since the 1973 Arab Oil Embargo has been due to trucks. Additionally, medium and heavy duty trucks produce significant emissions and often operate in non-attainment zones. By developing scalable technologies for hybrid components and systems, the partnership will deliver products that dramatically reduce fuel consumption and emissions in order to meet one of America’s greatest challenges. First of its kind commercial scale pilot of plug-in electric vehicles (PEVs) and smart grid technology working together to demonstrate a transportation energy system solution for the Indianapolis area The pilot spans the service territories of two regulated utilities and included the development of a model regulatory framework and network architecture needed to take smart grid and plug-in systems to scale. Our plug-in ecosystem provides an optimal test bed for accelerating the commercialization of plug-in technologies on the vehicle side, grid side, and in-between. The Indianapolis area is an ideal location for Project Plug-IN because it is approximately 20 miles from all suburbs to the city center (ideal for current battery range) and has no mass transit system. Moreover, Indianapolis is hosting the 2012 Super Bowl where our plug-in ecosystem can be showcased on a global scale.