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Economy & Demographics


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Vigo County is home to technology firms ranging from high-profile, publicly held companies to entrepreneurial start-ups. A traditional sector such as manufacturing to new economy sectors like life sciences contributes a driving force behind Vigo County’s economic expansion.

Life Sciences
Indiana’s life sciences industry is significant because of its size and its versatility. The life sciences industries have high growth potential, and the job market is generally stable. In fact, Indiana gained jobs in life sciences at more than twice the rate of the nation from 2001 to 2003, rising 4.5 percent compared with the 2 percent national increase. In total, more than 578,000 Indiana jobs are directly or indirectly tied to the health industry and account for more than $21 billion in wages.

Clusters of activity in the life sciences can be found all over the state – from Warsaw to Greater Lafayette, Terre Haute, Indianapolis, Bloomington and Evansville – and places in between.

Indiana has the 2nd highest concentration of biopharmaceutical jobs in the nation and the state has the 5th largest pharmaceutical industry in the country in terms of total sales, shipments, receipts and revenue. Indiana is home to global industry giants like Eli Lilly and Company, Pfizer, Cook Group, Guidant, Anthem, Zimmer, Biomet, Dow AgroSciences, Roche Diagnostics and DePuy, major research universities, plus dozens of smaller life sciences companies.

The Vigo County area has a strong educated workforce in the medical sciences, IT, as well as electronics. One of Indiana’s life sciences economic development initiatives is BioCrossroads. Indiana has a relative concentration of life science businesses that provide the foundation of an envisioned biotech hub.

Greater Terre Haute’s Life Sciences Asset Base Includes:

Eli Lilly and Company: Nearby Clinton Labs produces five products for Lilly’s Elanco Animal Health Business. www.lilly.com

Pfizer: Terre Haute plant manufactures four different human health antibiotics. Pfizer has maintained operations in Terre Haute for nearly 60 years. www.pfizer.com

Alpharma Facility: This 67,000 square feet fermentation facility is in like-new condition and available for immediate occupancy. View Site.

Schering-Plough Animal Research Facility: Performs animal health research.

Tredegar Corporation: Manufacturers a number of components for personal hygiene products. www.tredegar.com

Glas-Col: This long-time Terre Haute employer is a manufacturer of laboratory equipment such as heating, mixing and evaporation technology for both laboratory and industrial applications. www.glascol.com

North American Latex Corp: Sullivan’s North American Latex is one of the world’s largest manufacturers of latex, neoprene and vinyl products for the healthcare industry.

Rose-Hulman Institute of Technology: One of the nation’s top engineering institutions, the Department of Applied Biology and Biomedical Engineering is preparing graduates for careers in biotechnology and health-related industries. www.rose-hulman.edu

Indiana State University: Offers students opportunities to leverage classroom skills in real-world situations, including a partnership with Methodist Hospital. ISU’s broad research capabilities include biomechanics and chemistry. ISU’s new downtown business incubator facility is being readied for occupancy. www.indstate.edu

Ivy Tech State College: New Associate of Applied Science in Biotechnology program will provide graduates employment opportunities in numerous life sciences fields. www.goivytech.net

Saint Mary-of-the-Woods College: Offers baccalaureate degree programs in biology and chemistry. www.smwc.edu

Vigo County School Corporation Career and Technology Programs: Provides a variety of career programs including those tailored to the health care industry. www.vigoschools.org

Rose-Hulman Ventures: Provides technical expertise, business assistance, venture capital and infrastructure to enhance education and create economic opportunities. www.rose-hulman.edu

IU School of Medicine: One of eight IU School of Medicine’s regional campuses, the Terre Haute Center for Medical Education offers a broad array of programs, including a BA/MD Rural Health Program and an MS/MD Joint Degree.

Union Hospital Health Group: This 343 bed facility is the largest provider of health services between Indianapolis and St. Louis, Missouri. www.uhhg.org

Terre Haute Regional Hospital: This 278 bed facility is the successor of Saint Anthony’s Hospital which began in 1882. www.regionalhospital.com

Associated Physicians & Surgeons Clinic: The AP&S Clinic operates 11 facilities throughout Terre Haute and Clinton. www.apsclinic.com

Hamilton Center: A regional behavioral health system, Hamilton Center serves Central and West Central Indiana. www.hamiltoncenter.org

Union Hospital’s Midwest Center for Rural Health: Prepares and trains primary care physicians for successful rural practice. www.mcrh.org

Landsbaum Center for Health Education: Provides educational facilities to second-year medical students from the Terre Haute Center for Medical Education, ISU College of Nursing students and resident-physicians in Union Hospital’s Family Practice Residency Program.

Wabash Valley Advanced Manufacturing Cluster: The WVAMC seeks to improve people, processes, products and productivity in manufacturing. http://www.456jobs.com


Manufacturing
The Wabash Valley Advanced Manufacturing Cluster (WVAMC) is an organization formed by and for the manufactures located in the Wabash Valley. The WVAMC includes six-counties in Indiana, Vigo County being one of them, and two-counties in Illinois. The WVAMC works to solve issues that face manufactures and seeks to improve people, process, products and productivity in manufacturing.

Members of the Wabash Valley Advanced Manufacturing Cluster are taking the lead in bringing Work Keys job profiling and skill assessment services to the Wabash Valley.  The WVAMC partners with educational leaders to provide teachers with training in the Critical Thinking process, a process that is now being incorporated into high school curricula.
 

Home to manufacturing divisions, Aisin Brake & Chassis, AET, Bemis, ThyssenKrupp Presta and others, is the reason that nearly 15% of Vigo County workforce is employed in manufacturing.

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Vigo County Industry Sectors
   
Number of Companies
Number of Jobs
Accommodation & Food Services  
253
5,097
Administrative & Waste Services  
120
2,686
Agriculture/Forestry/Fish/Hunting  
11
47
Arts, Entertainment & Recreation  
29
341
Construction  
228
2,689
Education Services  
57
5,635
Finance & Insurance  
147
1,573
Government  
94
7,837
Healthcare & Social Assistance  
297
7,371
Information  
33
674
Management of Companies & Enterprises  
11
264
Manufacturing  
138
7,696
Mining  
15
47
Professional & Technical Services  
188
1,076
Real Estate, Rental & Leasing  
89
502
Professional & Technical Services  
188
1,076
Real Estate, Rental & Leasing  
89
502
Retail Trade  
401
7,890
Transportation & Warehousing  
85
1,098
Utilities  
18
369
Wholesale Trade  
119
1,343
Other Services  
238
1,733
Source: Department of Workforce Development - September 2005

Because Vigo County is one of the primary population centers for the state, companies located in the County have the advantage of a large and highly skilled workforce.

Vigo County’s Labor Force
   
Vigo County
*Terre Haute MSA
Indiana
Total Labor Force  
50,940
81,770 3,242,400
Employed  
47,660
76,750 3,086,200
Unemployed  
3,280
5,020 156,200
Unemployment Rate  
6.4
6.1 4.8

Source: Department of Workforce Development - April 2006

 *Terre Haute MSA includes: Clay, Sullivan, Vermillion and Vigo

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