Language Training Center Invests $1.5 Million To Expand Its Indianapolis, Indiana, Campus
Area Development Online News Desk (08/22/2013)
Language Training Center, a full service language training company providing language solutions for companies, organizations, and government agencies, will invest $1.5 million to expand its Indianapolis, Indiana, operations campus, creating up to 26 jobs by 2017.
The Indianapolis-headquartered company, which also has an office in Shanghai, China, will renovate and expand its existing facility by 3,500 square feet. Providing language training, translation, interpreting, cross cultural training and language assessment services, the expansion will allow the company to support new clients and expand its services.
The company also serves local school districts, hospitals, courts, fire departments and businesses across Indiana and around the globe, including Eli Lilly and Company, Roche Diagnostics, National Collegiate Athletic Association, IndyCar and World Wrestling Entertainment.
"LTC is excited to continue growing our footprint in Indiana," said Martin George, owner and chief executive officer of LTC. "LTC provided language services in more than 120 languages in Indiana last year alone. Utilizing a diverse workforce and providing language services from Indiana has proven to be an effective model that we look forward to continuing for years to come."
LTC said it has already begun hiring for the new positions and will continue to hire American Sign Language interpreting specialists, linguists, office managers and customer service representatives throughout the year.
"With Indiana's top-notch business environment, international companies are growing rapidly here in Indiana," said Eric Doden, president of the Indiana Economic Development Corporation. "That growth and the resulting diversity in the state have increased demand for language training services provided by companies like LTC. With the state's low taxes, expanding infrastructure and skilled workforce, more and more international companies are calling Indiana home."
As an incentive Indiana Economic Development Corporation offered Language Training Center up to $165,000 in conditional tax credits and up to $60,000 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. In addition, the city of Indianapolis supports the project at the request of Develop Indy, a business unit of the Indy Chamber.
"The expansion of LTC shows that Indy's international business needs are growing right along with it," said Indianapolis Mayor Greg Ballard. "This is good news for the future of our city as international companies looking to expand into the U.S. market see us as an ideal location due to our strong business climate."