Vigo County, Indiana, has a population of approximately 107,000 in west-central Indiana. The county seat is Terre Haute. It is the largest city in the county. Interstate 70 passes through Vigo County between Indianapolis and St. Louis. Excluding health care organizations, Amcor Flexibles (packaging) is the largest employer in the county. The campuses of Indiana State University and Rose-Hulman Institute of Technology are in Vigo County.
Drug use continues to be a problem in the area. In November 2020, police seized 19 pounds of meth valued at over $250,000.
The number of reported jobs retained by the SBA’s PPP program was 15,595 by 1,198 companies using $130M in combined loans. The top industries receiving loans relate to bituminous coal underground mining, restaurants, construction, and professional services (engineering, lawyers). Women own approximately 8.6% of businesses. A veteran owns 0.9%. 0.17% of the businesses are Hispanic-owned. There is not a single black-owned business in the county.
First Financial Corp and Hallador Energy Co are the two public companies with headquarters in the county. Both companies were impacted significantly by the PPP program. First Financial Corp did more loans than all other banks combined for businesses in the county. First Financial also financed an SBA PPP program maximize sized loan of $10M for Hallador.
Our featured business in Vigo County is Marion Manufacturing. Started in 1996 as a tool and die shop, the company has grown to over 100 employees with a second location in Illinois. President and co-owner Tammy Marion led the company to provide machining and related services to the aerospace, agriculture, and similar industries.