Governor Mike Braun and the Indiana Economic Development Corporation are celebrating a February of major investments and growth across advanced manufacturing, defense, life sciences and technology sectors, resulting in the commitment of more than 5,700 new jobs.
The following major announcements were made in February 2026.
ATTRACTION:
Meta: $10B Data Center Campus at LEAP Innovation District
Meta Platforms Inc. broke ground on a more than $10 billion data center campus in Lebanon at the LEAP Innovation and Research District — one of the largest private-sector investments in Indiana history.
The campus is expected to support approximately 300 high-wage operational jobs once complete and more than 4,000 construction jobs at peak activity.
The facility will play a critical role in powering next-generation technologies and artificial intelligence while strengthening Indiana’s position as a national leader in digital infrastructure.
Read more: https://iedc.in.gov/events/
Prometheus Energetics: New Munitions Campus Anchors National Security Hub
State and industry leaders broke ground on a new energetics, solid rocket motor and munitions production facility in Bloomfield, anchoring the National Security Industrial Hub near Naval Surface Warfare Center – Crane.
The project will expand domestic defense manufacturing capacity, attract suppliers and create high-wage opportunities in rural Indiana, reinforcing the state’s role in supporting U.S. defense readiness. Prometheus expects to support 375 workers in Indiana by the end of 2032.
Read more: https://iedc.in.gov/events/
Hanjung America: 300+ New Jobs in First U.S. Operation
A South Korea-based advanced manufacturer, Hanjung America, selected Indiana for its first U.S. operation, planning to create more than 300 new jobs in Huntington.
This new factory will accelerate rural revitalization and economic growth in Huntington and power the state’s growing energy storage sector.
The new facility will expand Indiana’s rural economic footprint and strengthen the state’s advanced manufacturing base while accelerating long-term regional revitalization.
Read more: https://iedc.in.gov/events/
Resmed: $30M Distribution Center, 100+ High-Wage Jobs
Resmed, a global health technology leader focused on sleep, breathing and home care solutions, will establish its first U.S. Midwest distribution center in Greenwood.
The company plans to invest $30 million to build a 446,500-square-foot facility, creating more than 100 high-wage jobs. The new center will enhance Resmed’s North American distribution network and support Indiana’s rapidly growing life sciences sector.
Read more: https://iedc.in.gov/events/
Global Polymers: $8.5M Headquarters Relocation, 30 New Jobs in Southern Indiana
Global Polymers, a Kentucky-based recycled plastics manufacturer and logistics provider, will relocate its headquarters and expand operations in Charlestown, Indiana.
The company will invest more than $8.5 million to renovate a 165,000-square-foot facility that will house recycling, production and logistics operations under one roof.
The project is expected to create up to 30 new jobs by 2030, with wages well above the Clark County average, supporting Indiana’s growing circular economy and advanced materials sector.
Read more: https://iedc.in.gov/events/
EXPANSION:
NewCold: Company Plans Third Major Expansion in Lebanon, Growing Investment to $800M+
NewCold, a global leader in advanced automated temperature-controlled warehouses, will expand its operations in Lebanon.
This will be their third major investment in the state since 2020, highlighting Indiana’s ability to support a robust international operation. The company will invest more than $500 million in its third phase of growth, constructing and equipping a new facility just south of its existing operation.
The expansion is expected to create over 350 construction jobs and over 200 permanent positions once operational, representing a significant investment in the local workforce and Lebanon’s long-term economic development.
Read more: https://iedc.in.gov/
TaylorMade Golf: Multi-Million-Dollar Expansion in Southwest Indiana
TaylorMade Golf Co. announced a multi-million-dollar expansion of its southwest Indiana operations to increase production capacity and support continued job growth: with 50+ new jobs in the next 5 years in Vanderburgh County.
TaylorMade, which moved its warehouse and distribution operations to Evansville in 2017, will make a multimillion-dollar investment to occupy and equip a new built-to-suit warehouse facility on 53 acres. The expansion reinforces Indiana’s strength in advanced manufacturing and highlights the state’s ability to support global brands seeking long-term operational growth.
Read more: https://iedc.in.gov/events/
INVESTMENT:
READI 2.0 Arts & Culture Initiative: $65M Statewide Investment
The state launched the $65 million READI 2.0 Arts & Culture Initiative to support projects that enhance quality of place, attract talent and accelerate long-term economic growth.
Led by the Indiana Economic Development Corporation, in partnership with the Indiana Arts Commission and supported by Lilly Endowment Inc., the initiative invites regions to submit transformative arts and culture proposals designed to strengthen community vibrancy and economic competitiveness.
Read more: https://iedc.in.gov/events/
Community Collaboration Fund: Up to $1M for Entrepreneur-Led Growth
The state announced the allocation of up to $1 million through the Community Collaboration Fund (CCF) to support entrepreneur-focused, community-led initiatives across Indiana.
This partnership through CCF is designed to help communities lead, making sure Hoosier entrepreneurs have access to the right support system and the right resources locally.
Matching grants ranging from $5,000 to $40,000 will help entrepreneur support organizations strengthen local ecosystems, expand access to capital and provide direct support to founders statewide.
Read more: https://iedc.in.gov/events/
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Groundbreaking for $10B Meta data center campus at LEAP District
