Manufacturing News
June 19, 2026
June 19, 2026 · Hamilton County · Hendricks County · Vanderburgh County · Story 4 of 4
IEDC Q2: Strong Wage Numbers, But Only 11% of READI 2.0 Funds Paid Out
At the June 18 IEDC board meeting, Governor Braun reported that 34 companies have committed to locate or expand in Indiana in 2026, pledging more than 3,000 jobs at an average wage of $43.77 per hour, 44% above the state average and 10% above last year's record, generating an expected $273.7 million in new payroll. Named wins include Boston Scientific Corporation in Hendricks County, Capital Group and JD North America in Hamilton County, and Bridge Advisors in Vanderburgh County. Those numbers reflect a genuine trend: Indiana's incentive pipeline is pulling higher-skill work into the state.
The disbursement gap is the risk to watch. An Indiana Capital Chronicle investigation found that only roughly 11% of READI 2.0's approximately $391 million in approved funds has actually been paid out as of mid-2026. If your workforce attraction or facility strategy depends on READI-backed community improvements, verify the actual payout status before you plan against those timelines.
For your morning huddle
- Q
Is READI 2.0 funding actually being paid out to Indiana communities on schedule?
As of mid-2026, independent reporting found only roughly 11% of READI 2.0's approximately $391 million in approved funds has been paid out, with rural communities raising concerns about disbursement pace. If any part of your site selection, workforce attraction, or facility strategy depends on READI-backed improvements, confirm the actual payout status directly before committing to timelines based on IEDC project approval announcements.
From the brief, June 19, 2026
- Taiwan Endorses Purdue Research Park for Compound Semiconductor Investment
- Purdue's Engineering Dean Now Controls Semiconductor Strategy Too
- GM Fort Wayne Absorbs 50,000 Additional Silverado 1500 Units from Oshawa
- IEDC Q2: Strong Wage Numbers, But Only 11% of READI 2.0 Funds Paid Out
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