Category: Economic Development

EDC Meeting Speaker Encourages A Collaborative Approach To Economic Growth

Jacob Everett, a Muncie native and the Founder and CEO of Corsa Strategies, addressed the New Castle/Henry County Economic Development Board on Thursday, June 12, 2025. His presentation centered on his article, “NEW NIMBYism: A Threat to the U.S. Economy,” and the challenges it poses to economic growth. Everett, who […]

READ MORE


New Castle-Henry County EDC Shares Annual Growth Report

The New Castle-Henry County Economic Development Corporation (EDC) recently released its 2024 Growth Report, detailing Henry County’s economic progress and development initiatives. The report includes key metrics such as community improvements, business expansions, workforce development, and tourism efforts. Henry County’s Community Improvement The community improvement efforts in 2024 included renovating […]

READ MORE

Employer Spotlight: Grede

For more than 100 years, Grede has reliably provided innovative iron castings to diverse industrial, commercial truck, and automotive customers. They’ve had a strong presence in New Castle since 1989, and their continued success is built on workforce investment. Grede recognizes that skilled and dedicated employees are essential to its […]

READ MORE

“More than just a building”

Memorial Park Shelter House renovated, rededicated The Shelter House at Henry County Memorial Park was rededicated Saturday. The celebration commemorated about 10 months of major restoration, which payed homage to the building’s rich history and original design elements. The Shelter House is 102 years old. Built in 1922, Indiana Senator […]

READ MORE

READI 2.0 could support New Castle downtown housing

Sixteen local projects are still waiting to see if they will receive any part of the $35 million awarded to Henry County and its regional partners. The Indiana Economic Development Corporation (IEDC) is currently going over regional submissions for a second round of Indiana’s Regional Economic Acceleration and Development Initiative […]

READ MORE

State Real Estate Expert Shares How Housing Impacts Economic Development

New Castle-Henry County Economic Development Corporation’s recent board meeting focused on opportunities available to the area in the realm of real estate and home ownership. Local Realtors Susan Falck-Neal and Cara Huffman presented local real estate data and Mark Fisher, CEO of Indiana Association of Realtors, shared the overall economic […]

READ MORE

City hears about possible new apartments

Economic development could be coming to New Castle by way of affordable housing. Corey Murphy, president and CEO of the New Castle-Henry County Economic Development Corp. (EDC), told the New Castle City Council about a potential new apartment complex Monday. The possible $15 million investment would build 54–60 unit apartment […]

READ MORE

County council approves up to $2 mil in READI match

Food & Beverage funds would pay for public infrastructure investments The Henry County Council is giving public support for local projects going after Regional Economic Acceleration and Development Initiative (READI) funding. Henry County is part of the eight-county East Central Indiana Regional Partnership (ECIRP), which was awarded $35 million as […]

READ MORE

Indiana’s Foreign Trade Zones: Helping Area Companies Save Time and Money

Federal tariffs and customs procedures can feel overwhelming, especially to small and medium-sized businesses. The INzone Foreign Trade Zone (FTZ) is designed to help companies of all sizes navigate international trade and associated costs. Lydia Chastain, Marketing Manager at INzone recently spoke at a New Castle Henry County Economic Development […]

READ MORE