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CIK Enterprises Expands Its Indianapolis, Indiana Operations Center, Creating Almost 60 Jobs.

08/07/2012
C.I.K. Enterprises, LLC, a marketing software and services company, is expanding its operation in Indianapolis, Indiana, creating almost 60 new jobs.

The Hoosier-based company that leases a 30,000 square-foot facility at 7225 Georgetown Road, on the west side of Indianapolis, has already begun installing new information technology equipment and started hiring additional software architects, information technology support, sales, customer service and management employees.

"Innovative software companies like CIK know the importance of combining a stable, sustainable business climate with a skilled workforce in our fast-paced world," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "From our low-tax climate to the more than 1,700 information technology graduates produced by Hoosier colleges and universities last year alone, Indiana provides an environment for high tech, high growth companies to thrive."

"CIK has been working diligently over the last couple of years to create an innovative marketing software platform. Our software launched with great success within Tri-Auto Enterprises, our automotive division and is currently being rolled out in our other two companies, Trace Communications and BizProps," said Rick Smith, chief financial officer of CIK. "Indiana, under the Daniels' Administration, has been incredibly supportive of companies such as CIK that are focused on growth, specifically in the technology arena, which has made our desire to focus our employee growth within the state."

Launched in 2001 by founders Scott Hill and Andy Medley, the Indianapolis-based company, which plans to grow its workforce to just over 100 employees, generated $22 million in revenue in 2011.

As an incentive The Indiana Economic Development Corporation offered C.I.K. Enterprises, LLC up to $465,000 in conditional tax credits and up to $50,000 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. The city of Indianapolis also supported the project through additional incentives at the request of Develop Indy. Information on the size of the firm's investment was not immediately available.

"CIK encapsulates all the reasons for and benefits of doing business in Indianapolis," said Indianapolis Mayor Greg Ballard. "The company's growth is a reflection of the outstanding commitment they have made to providing excellent service to their clients while investing in our community. "
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