Business Advantages
Hoosier Advantages
Ranked as the #1 best state to start a business by Forbes Advisor, Indiana provides the perfect climate to start, expand, or relocate your business. Explore the Indiana advantage for both small, locally-owned shops and large manufacturing alike.
- Low flat tax rate at 3.23%
- Corporate tax at 4.9%
- 83.6% business survival rate
- #1 ranking in infrastructure
- Top 10 rankings in cost of business, cost of living, and economy
- Cost of living 15% lower than national average
- Abundant funding opportunities through the Indiana Economic Development Corporation (IEDC) and Small Business Administration (SBA)
Infrastructure
Nestled in the southwest corner of Indiana, Gibson County is part of a rich transportation network that includes quick, easy access to road, rail, air and waterways.
Interstates
These major highways serve southwest Indiana:
- Interstate 64 provides east-west access to Louisville, Kentucky and St. Louis, Missouri, as well as, interstate connections in all directions
- Interstate 69 connects Interstate 64 and Indiana 57 to U.S. 41 near Evansville, Indiana and presently extends to Indianapolis, Indiana.
- U.S. 41 is 4-lane access to Chicago, Illinois and Miami, Florida; connects to the Kentucky Parkway System; connects to Interstate 24 (Nashville, Tennessee and Atlanta, Georgia)
- Indiana 62 provides east-west access across southern Indiana
- Indiana 66 delivers scenic east-west access along the Ohio River
- Indiana 57 provides access to the areas northeast of the region, including part of the proposed Interstate 69 route, connecting Indiana to Canada
Rail
These major railways serve southwest Indiana:
- CSX Transportation
- Norfolk Southern Railroad
- Evansville Western Railway, Inc. (EVWR)
- Indiana Southern Railroad
Air
Evansville Regional Airport provides convenient, competitively-priced connections to hundreds of locations both within the United States and abroad.
EVV provides multiple daily direct flights to these major hubs:
- Charlotte-Douglas International Airport (CLT)
- Detroit Metropolitan Wayne County Airport (DTW)
- Hartsfield-Jackson Atlanta International Airport (ATL)
- Dallas-Fort Worth, TX International Airport (DFW)
- Orlando-Sanford International Airport (SFB)
Water
Several area ports offer rail-to-water transload facilities, extensive storage areas and a wide range of services. In addition, each is easily accessibly from Gibson County by I-64, I-69, and US 41.
- Port of Indiana – Mt. Vernon is one of the largest inland ports in the country moving the highest volume of cargo in the state, particularly in the agriculture, energy and manufacturing industries.
- Port of Evansville is a medium-sized general cargo facility located on the Ohio River. Port of Evansville provides full trans-load services particularly in the agricultural and industrial industries.
- Henderson County Riverport provides access to the Ohio River and Green River and is serviced by CSX Railroad.
- Owensboro Riverport Authority is easily accessible by Ohio River, road, rail and air, providing convenient transportation of goods to the midwest and southern region of the United States.
Utilities
Gibson County Economic Development Corporation is fortunate to have a number of utility partners who support economic development efforts in the county. We work with our providers to meet the needs of site selectors and businesses looking to locate in the area.
Electric & Gas
Major Projects
Solar Projects
With construction beginning in late 2023, the two Gibson County solar projects will provide both direct and long-term economic investment in the county. The Elliott Solar Project is a $170M direct investment that covers 1,600 acres and will generate 200 megawatts of clean energy. The $249M direct investment in the Gibson Solar Project covers 2,250 acres and will generate 280 megawatts, enough to power 50,000 Hoosier homes annually.
2nd Avenue Expansion
We’re taking a proactive approach to housing needs in Gibson County with the addition of 126 rental homes at Circle Point Villas and 148 apartments at The District along 2nd Avenue in Princeton. This new construction will include a connecting road between 2nd Avenue and Richland Creek Drive, providing easy access to Highway 41 and a number of local businesses. With more land available for development, we expect to see continued growth on the 2nd Avenue corridor.
I69/SR64 Development
Incredible growth is happening at this I69 interchange with 43 acres listed for sale and $2.5M recently awarded to install sewer to the SE corner. This system can handle 33 homes, a small commercial site, a large commercial site, a hotel, and an industrial site all together. Construction begins Spring 2024 and is sure to be a boost to Gibson County residents, businesses, and tourists alike.
