Over the past few years, the trend of business has been to vacate the crowded urban centers of downtown America in favor of suburban and rural America. Today, Michigan City can offer your company more relocation advantages than any other nearby city, and many more comforts than any big city could ever hope to offer.
- Our corporate tax base is one of the lowest in the Midwest. The conservative Indiana tax structure and state taxation policies make Indiana among the least expensive Midwestern states to do business in.
- Reduced cost of government keeps the price of living and working down. Overall cost of living is one of the lowest in the area, ensuring your workers take home and KEEP more of their hard-earned pay.
- Labor and material costs are very reasonable.
- A plentiful and wide-ranging labor force, with access to labor pools in surrounding suburban areas and the Chicago metropolitan area. A flexible, educated, and motivated workforce awaits you!
- Solid commercial real estate opportunities! Ten to fifteen acre commercial land parcels in Michigan City are selling for around $3.50 per square foot, with major intersections priced at a very competitive $6.00 per square foot. And with many existing structures, as well as vacant land to build upon, the time is right to grow your business here.
- A plethora of incentives, including commercial loan packages offered by various local banks, to help get your business off to a great start! Take advantage incentives such as tax breaks, special rate programs, and cost reductions from local government, state officials, and energy providers. In Michigan City, our Enterprise Zone can provide additional tax breaks, including reductions in property and inventory taxes. For more information on incentives, click here.
- Energy costs are generally lower - and not just the first year to entice business owners to relocate. Look five to ten years down the road and rates here are and have been lower than surrounding areas, for both electric and natural gas.
- An ample supply of water, at relatively inexpensive rates, thanks to filtration plants in cities all along the Lake Michigan shoreline. These plants all operate far below capacity, allowing them to easily accommodate growing business. Clearly, utilities just make CENTS in Michigan City!
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