Governor Holcomb’s approach to building Indiana’s economy is an “all of the above” approach.
Governor Eric Holcomb is heading to Egypt to address a global climate summit and talk energy investments and jobs for Indiana. Governor Holcomb tells Gerry Dick with Inside Indiana Business that his approach has always been to bring the world to Indiana and Indiana to the world.
“There will be a long list of private sector companies, and obviously for a state like Indiana that’s number one in terms of manufacturing, we want to make sure ten years from now that we’re still number one in advanced manufacturing,” says Holcomb.
According to Inside Indiana Business, Indiana ranks 12th for wind energy, and is the number one steel producing state in the nation by 28-percent. Energy options continue to expand in the Hoosier State. In northwest Indiana, Israel-based Doral Renewables begins phase 2 on the largest solar project under construction in the nation. It’s a 1.5-billion dollar solar farm that will span 13,000 acres across two counties.
Stellantis & Samsung have committed to building an electric vehicle battery plant in Kokomo – a 2.5-billion dollar investment that will bring 1400 jobs to the area. General Motors is investing around 500-million dollars to expand it’s Marion metal center for more electric vehicle battery production. GM and LG Energy Solution may build a 2.4-billion dollar electric vehicle battery plant in New Carlisle, which could bring 2000 jobs.
To Holcomb, making these trips around the world to build economic relationships is all about putting Indiana in a position of strength and opening up all energy possibilities.
“When you think about the electric vehicles becoming evermore popular and will, as the coming years unfold, we have to make sure that we’re in a position to continue with the workforce and with the raw materials to supply.”
“It’s more options for our workforce to stay close to home,” Holcomb continues, “and not seek opportunity elsewhere when these industries and ecosystems transform them.”
Holcomb tells Inside Indiana Business that electric vehicle expansion is necessary because the market is demanding it, and to make sure the state is able to offer reliability, sustainability, and affordability of our energy sources.
Holcomb explains, “we want to make sure we have a canvas of options and different colors: pink, blue, turquoise, green, of energy sources, whether it be nuclear, hydro, wind, solar, coal, gas, oil. It’s an “all of the above” approach.”