Tag: economic development


The Power of the Food & Beverage Tax

With three exits along I-70, Henry County receives an additional 1 percent tax on purchases made in restaurants at each of its exits. This extra 1 percent also applies to restaurants elsewhere in the county, as enjoyed by residents. […]

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Spec Building

This Spec Building is available in New Castle, Indiana. Check out a video tour of the project and surrounding land. The building is 50,000 sq. ft. and expandable to 200,000 sq. ft. Easy access to I-70. […]

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Henry County a designated broadband ready community

Lt. Gov. Suzanne Crouch commends local efforts Henry County is officially a designated Broadband Ready Community. Indiana Lt. Gov. Suzanne Crouch made the formal announcement Wednesday afternoon during a visit to the Henry County Courthouse. Broadband is also known as high-speed internet. Crouch called it the next great economic frontier […]

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A closer look at regional wage study

Childcare costs are a concern for most employers. Earlier this month, county officials got a look at a wage and benefit survey for Henry and seven other counties. The New Castle Henry County Economic Development Corporation (EDC) partnered with other counties in the East Central Indiana region to conduct a […]

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Harbor Freight on its way to New Castle

Harbor Freight Tools confirmed this week they will open a new location in Henry County in the next few months. The tool and accessory company plans to move into 1709 S. Memorial Drive, New Castle. Local residents may remember when this location was a Staples or the JT Mega Discount […]

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Pull up a seat & have a cold one

Maybe it’s a craft beer aficionado looking for the next great local taste, a novice to beverages who wants to try something new, or a family looking for a fun downtown experience where they can connect with others. Whoever sits down, Mike and Teresa Schembre hope area patrons will be […]

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EDC Shares Findings From Entrepreneurship Study

Larger employers usually take the headlines when it comes to economic development. The New Castle-Henry County Economic Development Corporation (EDC) serves large employers and is also focusing on entrepreneurship as an economic growth strategy. […]

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Big Dreams Take Henry County Native Around The World

Dream big. Work hard. Achieve.

This was the motto of Sara Sorrell’s graduate scholarship, but it’s also an underlying theme in Sara’s life. Sara grew up in Henry County, and when she graduated from New Castle High School, she knew she wanted to be a doctor. […]

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EDC Offers Training Grants

The EDC, in partnership with the Henry County Redevelopment Commission, has launched a pilot matching grant program for incumbent employee training. Employers are encouraged to request up to $7,500 in a matching grant for incumbent employee training. Employers must match the training grant dollar for dollar from company funds. For […]

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