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Indiana Economic Development Corporation in Lafayette

The IEDC met at GE aviation in Lafayette on Tuesday morning.

Posted: Sep. 18, 2018 5:48 PM

TIPPECANOE COUNTY, Ind. (WLFI) — The Indiana Economic Development Corporation met at GE Aviation in Lafayette to talk about jobs in Indiana.

It's also hoping to figure out how to help Indiana's Japanese automakers who get their steel outside the U.S.

President Elaine Bedel said there may be some exemptions in their future.

Bedel said the tariffs aren't all bad.

She's heard Indiana is getting a lot more inquiries from foreign companies who say they want to produce here to avoid tarriffs.

I guess it can have impact both ways," said Bedel. "So, it's kind of interesting how that happened. I was kind of surprised, I hadn't thought about it."

The corporation is focused on increasing wages this year.

The 2017 wage increased 3.74 percent.

That ranked Indiana ninth of all the states at an average wage of $22.32.

In order to increase wages even more, the state has decided to make some tough decisions.

Bedel said one of them included paying for jobs to be retained at the U.S. Steel plant in Indiana.

"If they do those plant upgrades here, we are going to be the production place of the future," said Bedel. "And that means our jobs are going to be here for 50 years or longer so, that's why we did it."

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