About Henry County

Henry County (pop. 49,586) is located in East Central Indiana. Its county seat is New Castle (pop. 20,524). New Castle has experienced more than 4% growth since 1990. Continuous growth is projected well into the 21st century.

If Indiana is known as the "Crossroads of America," then Henry County is the intersection! Interstate 70, one of the major east-west routes in the nation, runs through the southern half of the county. New Castle is located just 6 miles north of Exit 123. US 40 and State Road 3 are major 4-lane highways.

Transportation

Distance to Major Cities
Indianapolis IN 49
Cincinnati OH 105
Terre Haute IN 125
Louisville KY 158
Springfield IL 265
Cleveland OH 274
St. Louis MO 292
Dayton OH 75
West Lafayette IN 105
Columbus OH 133
Chicago IL 230
Evansville IN 269
Detroit MI 277
Nashville TN 332
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5 minutes from I-70  ·  15 minutes from I-69
55 minutes from I-74  ·  60 minutes from I-65

RAIL: Norfok Southern, Western & CSX

AIR: Local airport has a 6,000 foot paved, lighted runway. NDB and available charter access. Quick interstate access to three International airports.

TRUCK: With steady growth in Indiana, the trucking industry continues to facilitate and support local industry. Numerous truck lines serve Henry County and two truck terminals are located within 30 miles.

IMPORTANT PHONE NUMBERS

TAX INFORMATION

ECONOMIC INCENTIVES

  • Employment screening

  • Employee training

  • Tax abatement

  • Tax Increment Financing (TIF)

  • Industrial development bonds

  • SBA loans

  • State GAP financing

PER CAPITA INCOME

  • $21,388 (1997)

LABOR FORCE

  • Manufacturing work force in Henry County: 3,887

  • Total County Workforce (April 1998): 25,990

  • Unemployment Rate: 4.5% (August 2001)

  • A total 40-mile commuting radius would include the following counties:  Delaware, 61,540; Rush, 10,000; Madison, 66,660; Hancock, 29,600; Wayne, 38,990.

LABOR HISTORY

  • Excellent

  • Most unions organized in the 1950's

  • More plants non-union than unionized

  • Chrysler (union) and Grede Foundries (non-union) combined efforts to bid for a Chrysler contract and were accepted

TRAINING PROGRAMS

  • Local employment and training

  • Award-winning vocational welding

INDUSTRIAL COMPOSITION

  • Automotive-related

  • Stainless steel plate

  • Pre-engineered and factory-built homes

  • Metal fabricating

  • Audio visual screens

  • Computer structural hardware

  • Agricultural support

  • Textile products

  • Publishing

  • Ductile iron casting

  •  vinyl wall coverings

LIVABILITY

HOUSING

  • Homes available in the range of $40,000 - $300,000

  • Median price of a home in New Castle is $60,000

  • Home sales are brisk; turnover rate is three months

  • A new record for building permits was set recently

  • Several new subdivisions are being developed

HEALTH

  • JCA accredited 110 bed hospital 

  • 24-hour staffed Emergency Department

  • PUC, ICU, CCU, Surgery and Maternity Units

  • New $12 million Outpatient Service and Physician Center

  • Services Include: Physical therapy, CT scanner, MRI, kidney stone lithotripsy, SPECT nuclear medicine, dedicated mammographic unit and ultrasound, speech, hearing, specialized clinics

  • New multi-million dollar Medical Pavilion at Forest Ridge includes the Ball Cancer Center and Henry County Center for Orthopedic Surgery and Sports Medicine

EDUCATION

To learn more about Henry County, visit our links page.

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