• Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues


Four Firms Expand Their Operation Centers In Central Indiana

Four companies plan to expand their operations, creating more than 150 jobs in Hamilton, Marion and Tippecanoe counties in Indiana.

“Today, more Hoosiers are working than at any time in the state’s history,” said Jim Schellinger, President of the Indiana Economic Development Corporation. “By cutting taxes, reducing regulations and investing in the continued development of our quality workforce, Indiana companies are growing with confidence and creating even more jobs for hardworking Hoosiers across the state.”

Firms that plan expansion are;

ACE Technologies, an engineering firm and systems integrator headquartered in Indianapolis, will invest $488,220 to upgrade its existing facility at 7301 E. 90th St. The company will purchasing new technology and software equipment, hardware and computer boards.

The company designs, implements and maintains control systems for customers and specializes in automation engineering, computer system validation and commissioning and qualification. This expansion will allow the company to extend its customer base to the West Coast. ACE currently employs 29 Indiana residents and plans to hire 25 new employees by 2019.

The Indiana Economic Development Corporation offered ACE Technologies, LLC up to $200,000 in conditional tax credits and up to $60,000 in training grants based on the company’s job creation plans.

Central Marketing Transport Services, an asset-based third party provider of transportation and logistics, will invest $638,000 to expand its headquarters in Indianapolis, leasing and equipping a majority of the second floor at 101 W. Ohio St. The company will create up to 37 new jobs by 2019 and will begin hiring for sales, operations and back office positions immediately.

Central Marketing Transport Services was offered up to $315,000 in conditional tax credits based on the company’s job creation plans.

DelMar Software Development, a developer of custom web and mobile software, will invest $1.7 million to double its space for employees to 1,800 square feet. This will be part of a 60,000-square-foot expansion at the Purdue Research Park in West Lafayette. DelMar, which has received support services from Purdue Research Park since 2009, as well as entrepreneurial support through the Purdue Foundry, builds software that organizes large data sets into problem-focused systems. DelMar anticipates operating in its new facility by January 2017, with plans to create up to 50 new jobs by 2019.

DelMar Sofware Development, LLC was offered up to $97,000 in conditional tax credits and up to $30,000 in training grants based on the company’s job creation plans.

PolicyStat, a software development firm specializing in policy and procedure management solutions, will invest $712,000 to lease and equip its new 8,000-square-foot offices in Carmel, Indiana. As part of its growth, the company plans to create up to 49 new high-wage jobs by 2024.

PolicyStat, LLC was offered up to $740,000 in conditional tax credits and up to $35,000 in training grants based on the company’s job creation plans.

In addition, the city of Indianapolis supports the projects of ACE Technologies and CMTS at the request of Develop Indy, a business unit of the Indy Chamber. Tippecanoe County approved additional incentives for DelMar Software Development at the request of Greater Lafayette Commerce. The city of Carmel supports PolicyStat’s project.

Article Discussion

Follow Area Development