Where We’re Importing and Exporting

A glance at two maps – top import and expert country for each state in 2016 – reveals some interesting observations:

  • On the export side, Canada is the leading destination from 33 states (including Indiana and 25 of the other 31 east of the Mississippi River)
  • Mexico (six states) and China (four states) were next on the list
  • Among the more intriguing partnerships: Nevada’s exports are going to Switzerland
  • On the import side, nine countries are represented with China (23 states) and Canada (14 states) leading the way
  • Indiana and Oregon are the two states in which the lead importer is Ireland (Happy St. Patrick’s Day, by the way!)
  • Of Indiana’s four neighbors, China is tops in Ohio, Kentucky and Illinois, while Mexico (think auto industry) is the top partner with Michigan
  • Hawaii stands alone with its top partners of Indonesia (imports) and Australia (exports)

According to the American Enterprise Institute:

Last year, American companies sold $2.2 trillion worth of goods and services to buyers in other countries, and American companies and consumers purchased $2.7 trillion worth of imports from trading partners all around the world. Seven states – Michigan, Louisiana, South Carolina, Tennessee, Kentucky, Washington and Texas – have their international trade represent more than 30% of their economic output.
Together, that volume of international trading activities represented 26% of the value of America’s $18.5 trillion in GDP in 2016. In terms of employment, more than 27 million American workers, about one in five, have jobs that are directly supported by trade with the rest of the world. Some states like California and Texas have more than two million jobs that are directly supported by international trade.

Honda Manufacturing of Indiana Completes One Millionth Vehicle

Honda Celebrates 1 Millionth Group PhotoIn Greensburg on Wednesday, Honda Manufacturing of Indiana, LLC (HMIN) and its associates celebrated the one millionth car built at the plant.

This is quite an achievement for one of the auto industry’s premier companies — though definitely not its first major milestone in America. A release from Honda has more:

The completion of HMIN’s 1 millionth vehicle comes only six years after the start of mass production at the $800 million facility on October 9, 2008.

In addition to making the Civic, HMIN started manufacturing Acura ILX vehicles in 2012 before transferring the production to the Marysville Auto Plant in Ohio earlier this year. In total, 65,172 Acura ILX cars were built at HMIN during a three year period — helping us reach this production milestone.

“We have come a long way from where Honda Manufacturing of Indiana started in 2008 to where we are today,” said Bob Nelson, HMIN president. “Our associates have shown tremendous commitment and dedication to get us to this major milestone and we will continue to work to provide our customers with products of the highest quality. These values and beliefs are at the heart of what makes Honda great.”

Last week, at the New York International Auto Show, Honda announced the North American version of the 2016 Civic Sedan will be produced at the Indiana plant. Honda is preparing to launch its completely reimagined 10th-Generation Civic models beginning this fall.

HMIN became Honda’s fourth auto plant in the U.S. and its seventh in North America when it began production of Civic sedans in October 2008. With employment over 2,000 and capital investment exceeding $800 million, HMIN primarily manufactures automobiles for the United States, with some Civics produced for export to markets outside of North America. HMIN maintains one of the lowest environmental footprints of any automobile plant in Honda’s global production network.

Bedford’s Closing Victory of 2013

I wasn’t sure what to expect when I first traveled to Bedford to do a round of interviews with local community, government and business leaders when the small city in south central Indiana was named the 2013 Indiana Chamber Community of the Year.

But, it was immediately evident to me why the city won the designation, along with a host of other accolades and awards throughout the past year – including being named a Stellar Community by the Office of Community and Rural Affairs, which brought over $19 million in state and local investment to the community.

These people truly care for their hometown and for each other. And they make smart decisions through well-thought out partnerships that benefit the entire community today, while thinking ahead to the future and preparing the next generation to do the same. Read more about what they’re doing in the November/December edition of BizVoice®.

So it comes as no surprise that to cap off 2013, General Motors recently announced an additional investment into Bedford – $29.2 million for GM Powertrain Bedford, which includes $22.6 million to produce components for a new 10-speed transmission, as well as $6.6 million for an existing 6-speed transmission.

A press release notes that the total investment in five manufacturing sites in Michigan, Ohio and Indiana by GM comes to $1.3 billion overall, which will help create or retain 1,000 jobs.

It’s good news for Bedford and good news for the auto manufacturing industry.

Here’s a final toast to you, the community of Bedford, for one truly amazing year!

A (Honda) ‘Civics’ Lesson: Going Natural is In

Our friends at Inside INdiana Business ran this release from Honda, illustrating how the car company is making efforts to move toward the future — and how its Indiana production facility is playing a key role:

Honda Manufacturing of Indiana, LLC (HMIN) today marked the start of mass production of the all-new 2012 Civic Natural Gas as it moves to increase production of the alternative-fuel Civic to support an expanding network of certified Civic Natural Gas dealers across the U.S. Engines for the Civic Natural Gas will continue to be supplied by Honda’s engine plant in Anna, Ohio.

HMIN will ramp-up production of the Civic Natural Gas (formerly the Civic GX) during the 2012 model year to meet anticipated increasing demand for alternative-fuel vehicles. The added production will support Honda’s growing network of U.S. Honda dealers qualified to provide retail sales and service support for the Civic Natural Gas, expanding from 72 Honda dealers in four states to nearly 200 dealers in 36 states, including one new Honda dealer in Indiana.

The 2012 Civic Natural Gas is powered by the cleanest internal combustion engine ever certified by the U.S. EPA and is the only OEM-made natural gas vehicle available for retail purchase in America. It is part of Honda’s growing portfolio of advanced environmental technology vehicles which include three hybrid models, the world’s most advanced fuel cell electric vehicle, the FCX Clarity, and the Fit EV electric vehicle and a Honda plug-in hybrid car, both launching in 2012. The fully redesigned 2012 Civic Natural Gas model goes on-sale October 18, 2011, with a Manufacturer’s Suggested Retail Price (MSRP) starting at $26,155.

“We’re extremely proud Indiana is the home for this all-new Civic Natural Gas,” said Jun Nishimoto, HMIN President. “As the sole producers of the Civic Natural Gas, our associates in Greensburg are making an important contribution to Honda’s global effort to reduce CO2 emissions and advance the deployment of vehicles that can help the transition away from gasoline to cleaner and more sustainable alternative fuels.”

Good News for Industrial Sector, Rust Belt

Joel Kotkin says manufacturing – and the auto industry – are making a comeback. The author and geographer details new impressive numbers for Indiana and Midwest industrial cities. Kotkin will offer these findings and much more to the Indiana Vision 2025 task force and Indiana Chamber board members during a work session next week. Forbes reports:

Manufacturing has grown consistently over the past 21 months, and now, for the first time in years, according to data mined by Pepperdine University’s Michael Shires, manufacturing regions are beginning to move up on our list of best cities for jobs.

The fastest-growing industrial areas include four long-suffering Rust Belt cities Anderson, Ind. (No. 4), Youngstown, Ohio (No. 5), Lansing, Mich. (No. 9) and Elkhart-Goshen, Ind. (No. 10). The growth in these and other industrial areas influenced, often dramatically, their overall job rankings. Elkhart, for example, rose 137 places, on our best cities for jobs list; and Lansing moved up 155. Other industrial areas showing huge gains include Niles-Benton Harbor, Mich., up 242 places, Holland-Grand Haven, Mich., (up 172),  Grand Rapids, Mich., (up 167)   Kokomo Ind., (up 177) ; and Sandusky, Ohio, (up 128).

Industrial growth also affected some of the largest metros, whose economies in other areas, such as business services, often depend on customers from the industrial sector. Economist Hank Robison, co-founder of the forecasting firm EMSI, points out that manufacturing jobs — along with those in the information sector — are unique in creating high levels of value and jobs across other sectors in the economy.  They constitute a foundation upon which other sectors, like retail and government, depend on.