Story from Business Facilities, posted March 7, 2018
The Agriculture industry is making a big impact in the Hoosier state by partnering with Hoosier Energy electric cooperative.
Indiana has established itself as a destination of choice for direct foreign investment in manufacturing during the last few decades, but the state has never wavered from its agricultural powerhouse roots. Agriculture contributes $31 billion to the Hoosier State’s GDP annually, supports 107,500 jobs and puts the state 10th in the nation for products sold from its approximately 60,000 farms.
There is, in fact, more than corn in Indiana. The poultry industry contributes more than $4.25 billion to the state GDP, according to the Indiana State Poultry Association (ISPA). Factor in supplier and indirect impact and that number increases five to six times that amount. The industry also accounts for 7,000 poultry producing and processing jobs in Indiana.
The state boasts some impressive production numbers—according to the Indiana State Department of Agriculture, Indiana ranks no. 1 nationwide in duck production, No. 3 in egg production and No. 4 in turkey production.
Powering the industry in central and southern Indiana is Hoosier Energy. The generation and transmission cooperative provides electric power to 18 electric distribution cooperatives, which serve the approximately 480 farms and 22 processing plants associated with the poultry industry in their territory.
“The industry relies heavily on its power cooperatives for a consistent and efficient electric supply,” said ISPA Executive Vice President Paul Brennan.