Earthwave Technologies Expands Operations in Indianapolis, Indiana
The company, which provides wireless fleet management systems for construction contractors and heavy equipment owners, will invest $1.2 million to double its footprint at its current 8,000-square-foot headquarters, expanding into additional office space at 8727 Commerce Park Place in Indianapolis.
"We're enthusiastic about continuing to grow Earthwave Technologies in Indiana,” said Jim Hutchins, COO for Earthwave Technologies. “As we grow, we’ll continue to invest in our products like Fleetwatcher to ensure our customers have the tools they need to operate efficiently. We’re also proud of our team at Earthwave Technologies, and we're confident that the workforce in Indiana will continue to supply hardworking, industrious people as we expand our team."
Earthwave Technologies, which began construction in December, is currently updating its information technology infrastructure for its sales, development, delivery and support operations to accommodate the growth of its customer base.
The IEDC offered Fleetwatcher (dba Earthwave Technologies) up to $595,000 in conditional tax credits and up to $75,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis supports the project in partnership with Develop Indy, a business unit of the Indy Chamber.
"Hoosier businesses continue to be at the forefront of creating 21st century solutions for companies around the world," said Elaine Bedel, president of the Indiana Economic Development Corporation (IEDC). "We are witnessing repeated stories of success from Indiana entrepreneurs that are taking advantage of our talented workforce and pro-growth business environment. We're excited Earthwave continues to thrive here, and we'll do our part to support their growth by ensuring that businesses of all sizes have the tools they need to succeed.
“As Earthwave Technologies continues to equip businesses with the tools to efficiently manage their resources, we’re excited that their success has led to further investment and expansion in Indianapolis,” said Mayor Joe Hogsett. “Time and time again, our city has proven itself a hotbed for innovation, and Earthwave Technologies’ success shows that the solutions of tomorrow are being created in Indianapolis.”
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