Trump said that Pence was his first choice, and pointed to Indiana's economy as the primary reason he made the selection.
The plan does not commit $1 billion in new funding -- much of it continues current state investment in Indiana businesses.
Layoffs can be certified trade-related if workers think they've lost their jobs due to foreign import pressures or their company moves overseas.
Nippon Steel's new Shelbyville factory will employ 70 people to make wiring for cars, joining an already large Japanese automotive sector in the state.
The state’s gross domestic product rose 3 percent – with manufacturing and agriculture driving most of that increase.
GE management is proposing closing the Bloomington plant, but says 94 percent of employees are eligible for a retirement package.
More than 300 workers will be impacted if the closure moves forward.
The 2016 Kauffman Foundation report ranks Indianapolis last for jobs added at start-ups in their first five years of operation.
Thirty-five of the company's 160 employees already work in Carmel. Determine plans to create another 24 jobs after it relocates.
Analysts say supply is not meeting demand--which was driven by the lower prices we saw early this year and the arrival of the summer travel season.