Appirio Invests $2 million On Indianapolis, Indiana Development Center Creating 300 Jobs
The San Francisco-based company will invest more than $2 million to lease, renovate and equip 12,500 square feet of space in the Pan American Office Tower in Indianapolis. The new office, which is expected to open its doors in October, is seen by the firm as a key location for training and developing its cloud architects.
"Opening an office and cloud development center in Indianapolis gives Appirio access to a large, highly educated talent base with close proximity to customers and partners. It also provides a great career opportunity for those looking to join a company that's changing an industry," said Chris Barbin, chief executive officer of Appirio. "We're looking forward to a great relationship with the state and city of Indianapolis.
As an incentive, the Indiana Economic Development Corporation offered Appirio, Inc. up to $5.6 million in conditional tax credits and up to $200,000 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 will consider additional property tax abatement at the request of Develop Indy. Also, the Indy Partnership provided site selection assistance and data analysis.
"Indianapolis is leading the charge for innovation in information technology and competitively working to attract companies eager to draw from our skilled workforce," said Indianapolis Mayor Greg Ballard. "Appirio's decision to expand its business in Indianapolis is a testament to our pro-growth economic environment and strong IT sector."
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