Open Control Systems Invests $1.6 Million To Operations In Indianapolis, Indiana
05/22/2014
The homegrown-Hoosier company will invest $1.6 million to lease, renovate and equip a combined 14,000 square-feet of space spanning over two facilities located at 905 N. Capitol Ave. in Indianapolis. As part of the expansion, OCS renovated a 12,000 square-foot former warehouse facility, which is fully equipped with automation controls and mechanical equipment to showcase its capabilities.
“Choosing Indiana to expand our operations was an easy choice, as this state has always provided the environment we needed to grow and to succeed. Additionally, the talent pool in Indiana is rich due to several institutions with quality technical degree programs,” said Travis Ihnen, President of OCS. “With the growing demand for our services, the facility expansion couldn’t have come at a better time. The building is not only a showcase for our products and capabilities, but also serves as a training facility and meeting space for our partners and customers. Its proximity to downtown, the Cultural Trail and major highways make it especially attractive for potential employees as well!” OCS has already begun hiring programming, engineering sales, design engineering and administrative positions.
“From the dashboard in your car and the engine in an airplane to the information cloud on your phone and the security system at the office, companies representing industries far and wide find a home in Indiana,” said Eric Doden, President of the Indiana Economic Development Corporation. “Indiana’s business-friendly climate and skilled workforce, coupled with its central location at the Crossroads of America, provide a platform for companies like OCS to grow and thrive.”
As an incentive, the Indiana Economic Development Corporation offered Open Control Systems, LLC up to $205,000 in conditional tax credits and up to $67,500 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis approved additional tax abatement at the request of Develop Indy, a business unit of the Indy Chamber.
"With this week's BlueIndy announcement and our continued sustainability program, the growth of OCS highlights the tremendous growth potential in Indy for companies on the cutting edge of modern technology," said Indianapolis Mayor Greg Ballard. "The LEED buildings and high-paying skilled jobs that OCS plans to create is a welcome addition to Indy's business landscape."
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024