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Area Development - Site Selection, Facility Planning and Workforce Development

Netfor Expands Fishers, Indiana, Facilities

10/25/2017
Netfor, a provider of technical and customer-experience managed services, plans to expand its footprint in Fishers, Indiana. The company expects to create up to 97 new jobs by 2021.

The company, which provides technology support for software and cloud-based information technology products, will invest more than $4 million to lease and equip a renovated 17,500-square-foot office in the Fishers Tech Park, which is more than double the size of its current office at 11810 Technology Drive. Netfor plans to move into the new space by the end of 2017, allowing it to support the increased demand from the Internet of Things industry and to create a more collaborative work space.

“We are experiencing significant growth with our cloud service desk, a team that helps support environments like AWS, Google Cloud and Microsoft’s cloud products,” said Raquel Richardson, president for Netfor. “Companies that care about creating the best experience for their products and services truly get Netfor and our expertise to layer in ITIL® practices and knowledge management to consistently and predictably provide answers to their clients so they can scale, perform within agreed upon service levels and get their product to market faster.”

"Indiana's economic momentum continues to flourish with growth from companies like Netfor," said Elaine Bedel, President of the Indiana Economic Development Corporation. "Indiana has established itself as one of the best places in the nation for business, offering companies the tools and resources they need to grow. As we enter our third century, we will continue to ensure Indiana is a magnet for jobs by investing in our workforce and building on our pro-growth business environment."

The Indiana Economic Development Corporation offered Netfor up to $340,000 in conditional tax credits and up to $25,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Fishers will consider additional incentives.

“Today’s announcement continues our strong momentum by delivering more investment and jobs to our city,” said Fishers Mayor Scott Fadness. “Netfor provides a critical service for leading industries and I’m excited to see them continue to grow in Fishers.“

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