Emerging Threats Pro LLC, a commercial and open source threat intelligence provider, plans to expand its operations in Carmel, Indiana, creating up to 84 new high-wage jobs by 2019.
The homegrown-Hoosier company will invest $967,000 to lease and equip 4,000 square feet of office space in the Parkwood Crossing Business Park in Carmel. Opening its doors this week, the new space is the company’s second Indiana location and will expand the company’s product and development team, customer service center and inside sales department.
“Indiana is great place for us to be located,” said Ken Gramley, CEO of Emerging Threats. “With schools like Rose-Hulman and Purdue to recruit tomorrows engineering stars, a state dedicated to providing a positive environment for small businesses, and the fantastic quality of life offered locally we can’t think of anywhere else we would rather be. Our customers have told us that we provide the best Threat Intelligence in the world, and we are proud to provide it from here in Indiana!”
As an incentive, Indiana Economic Development Corporation offered Emerging Threats Pro LLC up to $1,550,000 in conditional tax credits and up to $90,000 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 Carmel supports the project.
“Companies looking to lead the latest high-tech innovations are placing their growth in Indiana," said Governor Mike Pence. "Launching and growing within the state, Emerging Threats demonstrates the Indiana advantage. Empowered by a top-rate team of Hoosiers, Emerging Threats has transformed a great idea into a successful venture, in turn creating even more jobs and opportunity right here in Indiana."