Area Development
Premiere Credit of North America, a debt recovery agency, will invest more than $4 million to expand its corporate headquarters and double its work force in Indianapolis, Indiana, according to the Indiana governor's office. The company will expand its existing site and locate a second operations center at a site to be determined. Premiere Credit will add 300 new jobs as part of the project; hiring will begin immediately for collection staff, skip tracers, team leaders and managers, with special recruitment efforts to military veterans. "Premiere considers itself a best-in-class provider of debt recovery services and needed to find a best-in-class community to grow," says David Hoeft, the company's co-founder and CEO. "After an exhaustive search of more than 100 sites across the country, we found that community right here in Indiana." Incentives offered to Premiere Credit include up to $2.5 million in performance-based tax credits and $200,000 in training grants contingent on job creation; the city will also support property tax abatement.