Lake County Economic Alliance Celebrates Millions In Investment, Hundreds Of New Jobs At Economic Update

Investors, business leaders, and officials from across Lake County gathered at Briar Ridge Country Club for the Lake County Economic Alliance (LCEA) Networking & Economic Update Night on Wednesday. Guests discussed and celebrated all the recent developments around Lake County and the LCEA unveiled a massive new project for East Chicago.

Over the last five years, LCEA has played a critical role in fostering the growth of Northwest Indiana’s economy. From promoting new start-ups, helping the expansion of existing businesses, and even inviting new locations for national brands, LCEA’s services help provide stability and development across the county.

Karen Lauerman, president and CEO at LCEA, revealed the evening’s biggest piece of news: an investor is looking to transform 400 acres in East Chicago into a 1-million-square-foot building, with the potential for more than $100 million in investment and 1,000 new jobs. There is also potential for another two buildings on the site, each offering similar investment and job opportunities. Scott Aschoff, co-owner of East Chicago Gateway Partners, is leading the project which is located at the site of the former DuPont/Chemours plant.

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Lake County Economic Alliance celebrates millions in investment, hundreds of new jobs at economic update


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