Indiana, a state located in the Midwest region of the United States, is known for its rich history, diverse landscapes, and thriving economy.
Home to several major companies, Indiana boasts a strong business environment and a robust job market.
Some of the largest companies in Indiana include pharmaceutical giant Eli Lilly and Company, automotive leader Cummins Inc., and global healthcare provider Anthem.
These companies, along with many others, contribute significantly to the state’s economy and provide employment opportunities for thousands of Hoosiers.
With a strong focus on manufacturing, agriculture, and healthcare, Indiana continues to attract businesses and investors, making it a key player in the nation’s economy.
1. Eli Lilly and Company
Background: Founded in Indianapolis in 1876, Eli Lilly is a global pharmaceutical company.
Core Industries: Engaged in the discovery, development, and manufacturing of healthcare products.
Notable Achievements: Known for its contributions to the pharmaceutical industry, including insulin and other life-saving medications.
2. Anthem, Inc.
Background: Headquartered in Indianapolis, Anthem is one of the largest healthcare insurance companies in the U.S.
Core Industries: Provides health insurance, medical services, and pharmacy benefits management.
Notable Achievements: Known for its extensive network of healthcare providers and commitment to improving access to healthcare.
3. Cummins Inc.
Background: Founded in Columbus in 1919, Cummins is a global leader in diesel engine manufacturing.
Core Industries: Designs, manufactures, and distributes engines, power systems, and related technologies.
Notable Achievements: Recognized for its innovative engine technologies and commitment to sustainability.
4. Simon Property Group
Background: Based in Indianapolis, Simon Property Group is the largest real estate investment trust (REIT) in the U.S.
Core Industries: Owns and manages shopping malls, outlet centers, and other retail properties.
Notable Achievements: Known for its extensive portfolio of high-quality retail properties and successful management strategies.
5. Steel Dynamics, Inc.
Background: Headquartered in Fort Wayne, Steel Dynamics is one of the largest steel producers in the U.S.
Core Industries: Engaged in the manufacturing and distribution of steel products.
Notable Achievements: Known for its vertically integrated business model and innovative steelmaking technologies.
6. Zimmer Biomet Holdings, Inc.
Background: Founded in Warsaw in 1927, Zimmer Biomet is a global leader in musculoskeletal healthcare.
Core Industries: Develops and manufactures orthopedic implants and medical devices.
Notable Achievements: Known for its innovative orthopedic solutions and contributions to patient care.
7. OneAmerica Financial Partners
Background: Based in Indianapolis, OneAmerica is a financial services company offering insurance and retirement products.
Core Industries: Provides life insurance, annuities, retirement plans, and employee benefits.
Notable Achievements: Known for its customer-focused approach and financial stability.
8. NiSource Inc.
Background: Headquartered in Merrillville, NiSource is a natural gas and electric utility company serving customers in the Midwest and Northeast.
Core Industries: Provides natural gas distribution, electric generation, and transmission services.
Notable Achievements: Known for its commitment to safety, reliability, and environmental stewardship.
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9. Allison Transmission Holdings, Inc.
Background: Based in Indianapolis, Allison Transmission is a manufacturer of commercial-duty automatic transmissions.
Core Industries: Designs and produces transmissions for various industries, including trucking, defense, and construction.
Notable Achievements: Recognized for its durable and fuel-efficient transmissions used in a wide range of applications.
10. Wabash National Corporation
Background: Founded in Lafayette in 1985, Wabash National is a leading manufacturer of semi-trailers and liquid transportation systems.
Core Industries: Designs and manufactures trailers, truck bodies, and other transportation equipment.
Notable Achievements: Known for its innovative trailer designs and focus on sustainability.
11. Berry Global Group, Inc.
Background: Berry Global is a global manufacturer of plastic packaging and engineered materials, headquartered in Evansville.
Core Industries: Produces packaging solutions for consumer goods, healthcare products, and industrial applications.
Notable Achievements: Known for its diverse product portfolio and commitment to sustainability.
12. Calumet Specialty Products Partners
Background: Based in Indianapolis, Calumet Specialty Products is a leading producer of specialty hydrocarbon products.
Core Industries: Manufactures lubricants, solvents, waxes, and other specialty products for various industries.
Notable Achievements: Known for its expertise in refining and processing specialty hydrocarbons.
13. Lippert Components, Inc.
Background: Lippert Components, headquartered in Elkhart, is a leading supplier of components for the recreational vehicle (RV) and manufactured housing industries.
Core Industries: Provides components and systems for RVs, trailers, and mobile homes.
Notable Achievements: Known for its innovative solutions and strong partnerships with RV manufacturers.
14. Vectren Corporation
Background: Vectren Corporation, based in Evansville, was a utility holding company providing natural gas and electric services before its acquisition by CenterPoint Energy.
Core Industries: Provided natural gas distribution, electric transmission, and generation services.
Notable Achievements: Known for its commitment to reliable energy delivery and customer service.
15. First Merchants Corporation
Background: First Merchants Corporation is a bank holding company headquartered in Muncie, operating banks in Indiana and neighboring states.
Core Industries: Offers banking, financial, and wealth management services to individuals and businesses.
Notable Achievements: Known for its strong community presence and customer-focused banking solutions.
16. Brightpoint, Inc.
Background: Brightpoint, Inc. was a global distributor of wireless devices and related services, headquartered in Plainfield, before its acquisition by Ingram Micro.
Core Industries: Provided distribution and logistics services for mobile devices and accessories.
Notable Achievements: Known for its extensive distribution network and efficient supply chain solutions.
17. Hillenbrand, Inc.
Background: Hillenbrand, Inc., based in Batesville, is a global diversified industrial company with multiple business segments.
Core Industries: Operates in the industries of advanced materials, industrial equipment, and funeral services.
Notable Achievements: Known for its innovative solutions and strong customer relationships across diverse markets.
18. Subaru of Indiana Automotive, Inc. (SIA)
Background: Subaru of Indiana Automotive is an automobile manufacturing plant located in Lafayette, producing Subaru vehicles.
Core Industries: Manufactures Subaru vehicles, including the Outback, Legacy, and Impreza models.
Notable Achievements: Known for its high-quality production standards and commitment to environmental sustainability.
19. Duke Realty Corporation:
Background: Duke Realty Corporation is a real estate investment trust (REIT) based in Indianapolis, specializing in industrial and healthcare properties.
Core Industries: Owns, develops, and manages industrial warehouses and medical office buildings.
Notable Achievements: Known for its strategic real estate investments and focus on customer satisfaction.
20. Republic Airways Holdings Inc.
Background: Republic Airways Holdings, headquartered in Indianapolis, is a regional airline holding company operating flights for major U.S. carriers.
Core Industries: Provides regional airline services under contracts with major airlines.
Notable Achievements: Known for its operational excellence and commitment to safety in regional air travel.
21. Sallie Mae Bank
Background: Sallie Mae Bank, headquartered in Indianapolis, is a financial institution specializing in student loans and educational financing.
Core Industries: Provides private student loans, college savings plans, and educational resources.
Notable Achievements: Known for its student loan options and support services for students and families.
22. KAR Auction Services, Inc.
Background: KAR Auction Services, based in Carmel, is a global provider of vehicle auction services and related technology solutions.
Core Industries: Offers auction, reconditioning, and remarketing services for used vehicles.
Notable Achievements: Known for its innovative auction platforms and technology-driven solutions.
23. Kimball International, Inc.
Background: Kimball International, headquartered in Jasper, is a manufacturer of furniture and electronic assemblies.
Core Industries: Designs and manufactures furniture for commercial, healthcare, and hospitality markets.
Notable Achievements: Known for its high-quality furniture solutions and commitment to sustainability.
24. Red Gold, Inc.
Background: Red Gold, based in Elwood, is one of the largest producers of tomato products in the U.S.
Core Industries: Processes and packs tomato products, including canned tomatoes, sauces, and salsa.
Notable Achievements: Known for its family-owned business model and dedication to quality tomato products.
25. Escalade, Inc.
Background: Escalade, headquartered in Evansville, is a manufacturer and marketer of sporting goods and recreational equipment.
Core Industries: Produces sporting goods, including basketball systems, archery equipment, and fitness accessories.
Notable Achievements: Known for its diverse product portfolio and strong brand presence in the sporting goods industry.
26. SIA (Subaru of Indiana Automotive, Inc.)
Background: Subaru of Indiana Automotive is an automobile manufacturing plant located in Lafayette, Indiana, producing Subaru vehicles.
Core Industries: Specializes in the production of Subaru vehicles, known for their quality and reliability.
Notable Achievements: Recognized for its efficient manufacturing processes and commitment to environmental sustainability.
27. Westfield Outdoors, Inc.
Background: Westfield Outdoors is a manufacturer and distributor of outdoor equipment and accessories, based in Westfield, Indiana.
Core Industries: Produces camping gear, tents, canopies, and outdoor furniture.
Notable Achievements: Known for its durable and innovative outdoor products for camping and outdoor recreation.
28. Thor Industries, Inc.
Background: Thor Industries, headquartered in Elkhart, Indiana, is one of the largest manufacturers of recreational vehicles (RVs) in the world.
Core Industries: Designs and manufactures a wide range of RVs, including motorhomes, travel trailers, and fifth wheels.
Notable Achievements: Known for its diverse portfolio of RV brands and strong presence in the RV market.
29. Biomet, Inc.
Background: Biomet, headquartered in Warsaw, Indiana, was a global medical device company specializing in orthopedic implants and surgical instruments before its acquisition by Zimmer Biomet.
Core Industries: Developed and manufactured orthopedic implants for joint replacement surgeries.
Notable Achievements: Known for its innovative orthopedic solutions and contributions to improving patient outcomes.
30. Delco Remy International, Inc.
Background: Delco Remy International, based in Anderson, Indiana, was a manufacturer of automotive parts and components before its acquisition by BorgWarner.
Core Industries: Produced electrical components, including starters, alternators, and ignition systems for automobiles.
Notable Achievements: Known for its quality automotive products and long history of innovation.
31. Hurco Companies, Inc.
Background: Hurco Companies, headquartered in Indianapolis, designs and manufactures computerized machine tools.
Core Industries: Provides CNC machining centers, mills, and lathes for precision manufacturing.
Notable Achievements: Known for its innovative control technology and user-friendly CNC machines.
32. Celadon Group, Inc.
Background: Celadon Group, based in Indianapolis, was a truckload shipping company before filing for bankruptcy in 2019.
Core Industries: Provided transportation services, including truckload shipping, logistics, and brokerage.
Notable Achievements: Known for its nationwide trucking operations and logistics solutions.
33. Kimball Electronics, Inc.
Background: Kimball Electronics, headquartered in Jasper, is a contract electronic manufacturing services company.
Core Industries: Provides electronic manufacturing services for various industries, including automotive, medical, and industrial.
Notable Achievements: Known for its high-quality electronic manufacturing solutions and customer satisfaction.
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Conclusion
In brief, Indiana is home to a diverse range of companies spanning pharmaceuticals, healthcare, manufacturing, automotive, and technology sectors.
From global giants to local enterprises, these companies contribute significantly to Indiana’s economy, innovation, and employment.
Their commitment to excellence and innovation has positioned Indiana as a key player in various industries, driving economic growth and prosperity in the state.
