Indiana State (U.S.A.), a land of coal power plants, fossil fuels, manufacturing, agriculture and flat taxes
With its
powerful work force over 3,084,100, Indiana is a market of + 6 million
consumers. A high percentage of Indiana's income is from manufacturing. The Calumet
region of northwest Indiana is the largest steel producing area in the U.S.
Indiana's
other manufactures include pharmaceuticals and medical
devices, automobiles, electrical equipment, transportation equipment, chemical
products, rubber, petroleum and coal products, and factory machinery.
Indiana's
labor force is located primarily in
medium-sized and smaller cities rather than in very large and expensive
metropolises. Firms often see in Indiana
a chance to obtain higher than average skills at lower than average wages.
Indiana is
home to the international headquarters and research facilities of pharmaceutical
company Eli Lilly in Indianapolis, the state's largest corporation, as well as
the world headquarters of Mead Johnson Nutritionals in Evansville.
Indiana is
located within the U.S. Corn Belt and Grain Belt. The state has a feedlot-style system
raising corn to fatten hogs and cattle. Along
with corn, soybeans are also a major cash crop. Its proximity to large urban centers, such as Indianapolis and
Chicago, assure that dairying, egg production, and specialty horticulture
occur. Other crops include melons,
tomatoes, grapes, mint, popping corn, and tobacco in the southern counties.
Indiana has
a flat state income tax rate of 3.4%. Many
Indiana counties also collect income tax. The
state sales tax rate is 7% with exemptions for food, prescription
medications and over-the-counter medications.
Property
taxes are imposed on both real and personal property in Indiana and are
administered by the Department of Local Government Finance.
Indiana's
power production chiefly consists of the
consumption of fossil fuels, mainly coal. Indiana
has 24 coal power plants, including the largest coal power plant in the
United States, Gibson Generating Station, located across the Wabash River from
Mount Carmel, Illinois.
Indiana is
also home to the coal-fired plant with the highest sulfur
dioxide emissions in the United States, the Gallagher power plant just west of
New Albany.
The state
has an estimated coal reserves of 57 billion tons; state
mining operations produces 35 million tons of coal annually.
Indiana also
possesses at least 900 million barrels of petroleum reserves in the Trenton Field,
though not easily recoverable.
Most of the
new plants in the state have been coal gasification plants. Another source is
hydroelectric power.
Indianapolis
International Airport serves the greater Indianapolis area
and has finished constructing a new passenger terminal. The new airport opened in November 2008 and offers a new midfield
passenger terminal, concourses, air traffic control tower, parking garage, and
airfield and apron improvements.
Other major
airports include Evansville Regional Airport, Fort Wayne
International Airport (which houses the 122d Fighter Wing of the Air National
Guard), and South Bend International Airport.
The major
U.S. Interstate highways in Indiana are
Interstate 64 (I-64), I-65, I-265, I-465, I-865, I-69, I-469, I-70, I-74,
I-80, I-90, I-94, and I-275. The various
highways intersecting in and around Indianapolis, along with its historical
status as a major railroad hub, and the canals that once crossed Indiana, are
the source of the state's motto, the Crossroads of America.
There are
also many U.S. routes and state highways maintained
by the Indiana Department of Transportation.
Most Indiana
counties use a grid-based system to identify county roads.
Indiana has
more than 4,255 railroad route miles, of which 91
percent are operated by Class I railroads, principally CSX Transportation and
the Norfolk Southern Railway.
Indiana
annually ships over 70 million tons of cargo by water each year, which ranks 14th among all U.S. states. More than half of Indiana's
border is water, which includes 400 miles (640 km) of direct access to two
major freight transportation arteries: the Great Lakes/St. Lawrence Seaway (via
Lake Michigan) and the Inland Waterway System (via the Ohio River). The Ports of Indiana manages three
major ports which include Burns Harbor, Jeffersonville, and Mount Vernon.
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