It was another big week for the Hoosier economy.

On Monday, General Motors announced a $632 million investment in Fort Wayne to support the plant's production of next generation trucks. The next day, General Motors announced a $3.5 billion investment alongside Samsung SDI in New Carlisle that will create 1,700 new manufacturing jobs and over 1,000 construction jobs. And the day after that, Nucor announced a $115 million investment in Crawfordsville that will create up to 200 new jobs.  

To recap, that's over $4.2 billion, 1,900 new jobs, and over 1,000 construction jobs, all announced in just one week! 

And today, the Bureau of Labor Statistics reported that Indiana's unemployment rate stands at 3.1% (compared to the national rate of 3.7%) and the state's labor force participation rate held at 63.6% (compared to the national rate of 62.6%). This marks 35 consecutive months that Indiana's unemployment rate has been below the nation's. 

It's clear that the Indiana Way is working despite the Biden administration, not because of it.

That's why this past session, statehouse Republicans doubled down on this winning economic development strategy — strengthening our quality of life, investing in our workforce, future-proofing our manufacturing sector, and enabling our state to continue to compete and win major investments. 

Under conservative leadership, Indiana is growing in all the right ways.

Sincerely,

Chairman Kyle Hupfer

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Governor Eric Holcomb speaks during a roundtable discussion with business leaders in Portugal.

This week, Governor Eric Holcomb announced plans for a $3 billion EV battery cell plant in St. Joseph County. The new plant, which will provide 1,700 new jobs, is a cooperative venture between General Motors and Samsung SDI, and will open in 2026.

What he's saying: “This historic investment is further proof that Indiana has turned it up and shifted into a higher gear when it comes to helping create the future of mobility and more customer options out on the open road," said Gov. Holcomb.

What this means for Indiana: This joint venture represents the single largest economic development project in St. Joseph County in 75 years. Projects and partnerships like this will strengthen Indiana's position as a global business destination.

• General Motors also announced its plans to invest $632 million at Fort Wayne Assembly to support the truck production process, and another $491 million to upgrade its facilities in Marion to be compatible with EV production.

Construction will begin at the site in the next year and will provide 1,000 jobs during the building phase.

More: Gov. Holcomb released an op-ed discussing the disparity between campaign-trail advertising and in-office actions of federal leaders. Gov. Holcomb says leaders should 1) have a plan 2) demonstrate a bias to action and 3) listen and learn.

From WNDU:

"On Monday, Congressman Rudy Yakym, R-IN 2nd District, and Congresswoman Julia Brownley, D-CA 26th District, introduced legislation to analyze and prevent illegal school bus crossings across the country."

"The legislation ... is called the Jackie Walorski Enhancing Necessary Data on (END) Illegal School Bus Passing Act. The END Act would require the National Highway Transportation Safety Administration to gather data on illegal school bus passings throughout the school year, including frequency, circumstances, and demographics of and consequences for the driver." 

“'Our community in northern Indiana knows all too well the tragic consequences when drivers illegally pass a stopped school bus,' Congressman Yakym said. 'My predecessor and dear friend, Jackie Walorski, sprung into action to pass the Stop for School Buses Act of 2021. Congresswoman Brownley and I are proud to carry on her legacy.'”

Story continues.

From State Rep. Julie Olthoff:

"We all know the classic refrain from Field of Dreams: “If you build it, they will come.” And while this year’s NCAA baseball tournament is peppered with Hoosier representation, I am not reciting that quote for baseball purposes. It turns out that this line is the embodiment of the work the Indiana General Assembly has done to position our state as a top destination for workers and families.

"When looking at the workforce challenge facing Indiana, I like to break the solutions down into three buckets: How do we attract talent to our state? How do we retain that talent? How do we make sure that Indiana is a place where these workers want to raise their families and stay for the long haul? If you can enact measures that address these key points, then your state is going to lead the pack when it comes to economic growth and standard of living. I am happy to report that Indiana is checking all these boxes in spades."

Op-ed continues.

Last week, Republican National Committee (RNC) Chairwoman Ronna McDaniel announced “Bank Your Vote,” a nationwide campaign focused on maximizing pre-Election Day voting.

The details: "Bank Your Vote" will encourage, educate, and activate Republican voters on when, where, and how to lock in their votes as early as possible, through in-person early voting, absentee voting, and ballot harvesting where legal.

• Building on Republicans' absentee return rate, early in-person voting, and ballot harvesting success in 2022, "Bank Your Vote" is the next step to improve the overall number of pre-Election Day voters to ultimately secure victory in 2024.

This session, there were 252 bills passed by the legislature and signed by Gov. Holcomb. Over the next several weeks, this section will be dedicated to highlighting some of those bills.

The bill: HB 1004 (health care matters), signed May 4, 2023.

The details: HB 1004 denotes clearer transparency guidelines required of healthcare and insurance providers to more closely regulate rates for healthcare services.

• This bill also establishes the “oversight task force” which will review the collected information and make decisions regarding state health care costs to benefit Hoosiers.

Over the course of his administration, Biden has promised Americans that "no one making less than $400,000 a year will pay a penny in federal taxes."  Last year, Biden broke his promise not to raise taxes on the middle class.  This year, he's acting like it never happened.

The facts: With rising inflation and increasing taxes, financially, Americans are struggling more than ever.

• Tax hikes in the infamous Inflation Reduction Act increased taxes on Americans earning as little as $30,000/year.
• Wages of working class families have fallen every month since Democrats passed their $1.9 million "stimulus".

• Earnings have dropped 0.7% since last year, marking the 26th month under the Biden administration where inflation has risen faster than wages.

What is true? Biden's broken "promises" are hurting middle-class Americans.

July 21: Knox County Golf Outing

July 22: Adams County Ronald Reagan Ice Cream Social

Events past these dates are available on our website and will be added to the newsletter as we get closer to them.

Governor Eric Holcomb announces deal between General Motors and Samsung for new EV plant

Lt. Gov. Suzanne Crouch congratulates high school senior on poetry contest win

Secretary of State Diego Morales celebrates the history of Flag Day

Attorney General Todd Rokita promises to hold TikTok accountable for misleading practices

State Comptroller Tera Klutz announces office to become "State Comptroller"

Treasurer of State Daniel Elliott advertises opening of 2023-2024 Indiana Education Scholarship Accounts

U.S. Sen. Todd Young serves as honorary coach for GOP soccer team

U.S. Sen. Mike Braun leads Q&A with Indiana History students in Washington D.C.

Congressman Rudy Yakym honors the 248th birthday of the United States Armed Forces

Congressman Jim Banks praises General Motors investment in Fort Wayne truck production

Congressman Jim Baird releases statement regarding Biden administration attack on reclassification of firearms

Congresswoman Victoria Spartz meets with European leaders to discuss upcoming NATO summit

Congressman Greg Pence honors American veterans on the anniversary of D-Day

Congressman Larry Bucshon introduces resolution to create preparedness plan in response to disease outbreak

Congresswoman Erin Houchin announces voting on REINS Act to hold Biden administration accountable

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