Category: Economic Development

Economic development by means of housing, airport growth

Henry County was supporting local small business owners years before Gov. Mike Braun created the new Office of Entrepreneurship and Innovation. Corey Murphy, president and CEO of the New Castle-Henry County Economic Development Corporation (EDC), reminded city leaders this month that the EDC has a strong partnership with the Indiana […]

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EPA Brownfields Grant

Henry County is considering applying for the EPA Brownfields grant to assess commercial properties for possible contamination.  A Brownfield site is defined as: “real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of hazardous substances, pollutants, contaminants, controlled substances, petroleum or […]

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1891 And Beyond: Hall of Fame Thrives Following Expansion

1891. The last four digits of the Indiana Basketball Hall of Fame’s phone number aren’t just random numbers; they also represent the year James Naismith invented basketball. Matt Martin, Executive Director of the Indiana Basketball Hall of Fame, shared this and other interesting facts during his presentation about the Hall […]

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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 […]

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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 […]

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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 […]

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“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 […]

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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 […]

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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 […]

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