Secured FTP Hosting Invests $2.1 Million To Expand Indianapolis, Indiana, Production Center
The company will expand and equip its existing facility located at 212 W. 10th Street in Indianapolis. The 7,500 square-foot facility, which is expected to be operational by September, will allow the company to continue its transformation into a platform as a service, giving developers the ability to create new features for the SmartFile system. The company has already begun hiring new software engineers, web developers and systems administrators.
"With access to a wide range of talent, affordable resources and support from the community, Indianapolis provides an excellent environment that fosters growth," said John Hurley, co-founder and chief executive officer of SmartFile.
"Central Indiana has become a testing ground for entrepreneurial, high-tech companies like SmartFile," said Eric Doden, president of the Indiana Economic Development Corporation. "These companies continue to find a competitive advantage in the Hoosier State, where our low-tax, pro-growth policies make it easier and cheaper to do business."
As an incentive, the Indiana Economic Development Corporation offered Secured FTP Hosting, LLC up to $300,000 in conditional tax credits and up to $20,000 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. In addition, the city of Indianapolis supports the project at the request of Develop Indy, a business unit of the Indy Chamber.
"SmartFile's expansion in Indianapolis further solidifies our city's role in the digital technology industry," said Indianapolis Mayor Greg Ballard. "By adding high-tech jobs to our downtown core and providing services to large companies across the nation, SmartFile is proving that companies of all sizes can thrive in our city's strong business climate."
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