Indiana named Top 10 state for business

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INDIANAPOLIS (WTHR) - Indiana has cracked the top 10 for best states for business.

Forbes recently released its annual rankings, giving Indiana the No. 10 spot. Their profile of the state says this is just the second time we've made it into the top 10 on this ranking.

We're also ranked number 1 for regulatory environment, number 4 for quality of life and number 12 for business costs, but a poor number 45 in labor supply.

Gov. Eric Holcomb said developing the state's workforce is one of the key elements in his 2018 agenda, saying we already have a solid foundation to work with.

"Indiana's pro-business environment continues to be heard around the world as Hoosier businesses grow and companies across the globe choose Indiana," he said in the Nov. 8 speech.

"For Indiana to continue to be known as the best in the Midwest...in the year 2020 and 2030, we're going to have to make sure that our workforce is skilled appropriately to meet the workforce needs of those years," he continued.

He echoed the call for workforce development at a luncheon Wednesday at the Columbia Club with Tom Bevan, co-founder and publisher of Real Clear Politics, called "How Indiana Wins with Software."

He said more than 1 million Hoosiers have unfinished high school and college diplomas, calling them, “prime, working-age Hoosiers who don’t have the skills for not just tomorrow, but today.”

Earlier this year, Holcomb tapped LaPorte Mayor Blair Milo for a new position he called "Secretary of Career Connections and Talent," saying she'll be the state's "chief talent recruitment officer." He also appointed Honda executive Fred Payne as commissioner of the state's Department of Workforce Development.