airports in terms of air cargo throughput. ![]() The airport ranks among the ten busiest U.S. The city is home to FedEx Express's National Hub which employs 5,800 workers in sorting, distribution, and shipping at Indianapolis International Airport. FedEx employs 7,000 workers across 35 facilities in the city. Īmazon has a major presence in the Indianapolis metropolitan area, employing 9,000 across eight fulfillment centers: two in Indianapolis (IND4 and IND8) two in Plainfield (IND2 and IND5) two in Whitestown (IND1 and XUSE) and one each in Greenfield (MQJ1) and Greenwood (IND9). According to the Indy Chamber, the region was home to some 4,300 establishments employing nearly 110,000 in 2020. Indianapolis' central location and extensive highway and rail infrastructure have positioned Indianapolis as an important logistics center. Distribution and logistics įedEx Express cargo plane at Indianapolis International Airport ![]() In 2018, the World Trade Centers Association approved the city's request to establish a local World Trade Center organization. (FTZ 72) ( d/b/a INzone), a federal Foreign-Trade Zone encompassing 41 Central Indiana counties. Since 1981, the Indianapolis Airport Authority has overseen the Greater Indianapolis Foreign Trade Zone, Inc. In 2018, the company shortlisted Indianapolis as one of 20 finalists from a pool of 238 bids. Indianapolis submitted a bid to lure Amazon's HQ2 in 2017. According to the Indianapolis Business Journal, "records are hard to come by, but during United's glory days, it is believed to have employed as many as 3,000 people at IMC "-short of the 6,300 jobs United committed to in 1991. Following United's filing for Chapter 11 bankruptcy protection in 2002, the 1.7 million square foot (160,000 m 2) Indianapolis Maintenance Center closed in 2003. State and local officials agreed to subsidize United's costs by providing nearly $300 million (equivalent to $607.74 million in 2022) in tax credits and other incentives in exchange for thousands of high-wage jobs by 2004. In 1991, United Airlines selected Indianapolis International Airport for a $1 billion (equivalent to $2.03 billion in 2022) maintenance operations center after a competitive bidding process involving more than 90 cities. airline holding company Republic Airways contract research corporation Envigo and fast food chains Noble Roman's and Steak 'n Shake.ĭowntown Indianapolis is the largest employment cluster in Indiana, with nearly 43,000 jobs per square mile (17,000/km 2). Other notable companies headquartered in the region include law firm and lobbyist Barnes & Thornburg diversified media company Emmis Communications retailers Finish Line, Herff Jones, and Lids loudspeaker company Klipsch Audio Technologies manufacturer and distributor Lucas Oil Products financial services holding company OneAmerica Financial Partners, Inc. ![]() The Indianapolis metropolitan area is also home to five Fortune 1000 companies: financial services holding company CNO Financial Group auctioneer OPENLANE hydrocarbon manufacturer Calumet Specialty Products Partners pharmaceutical company Elanco automotive transmission manufacturer Allison Transmission and real estate investment trust Simon Property Group. Three Fortune 500 companies are based in the city: health insurance company Elevance Health pharmaceutical company Eli Lilly and Company and agricultural chemical company Corteva. According to the Bureau of Labor Statistics, the region's unemployment rate was 2.8 percent in May 2019. The city's major exports include pharmaceuticals, motor vehicle parts, medical equipment and supplies, engine and power equipment, and aircraft products and parts. Ĭompared to Indiana as a whole, the Indianapolis metropolitan area has a lower proportion of manufacturing jobs and a higher concentration of jobs in wholesale trade administrative, support, and waste management professional, scientific, and technical services and transportation and warehousing. Government, if it had been a private industry, would have ranked fifth, generating $10.2 billion. The top five industries were: finance, insurance, real estate, rental, and leasing ($30.7B), manufacturing ($30.1B), professional and business services ($14.3B), educational services, health care, and social assistance ($10.8B), and wholesale trade ($8.1B). The Indianapolis–Carmel–Anderson, IN MSA, had a gross domestic product (GDP) of $134 billion in 2015. The economy of Indianapolis is centered on the City of Indianapolis and Marion County within the context of the larger Indianapolis metropolitan area.
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