CTL Engineering of Indiana, Inc., Plans To Expand Its Indianapolis, Indiana, Operations Center
11/20/2014
The Columbus, Ohio-based company will invest $799,000 to purchase and equip a new 15,000 square-foot facility in Indianapolis. The facility, which will be fully operational by April, will allow the company to increase productivity, capacity and efficiency for its geotechnical engineering, construction observation and testing, soils laboratory, marketing, business development and environmental operations.
“CTL chose to include central Indiana in its expansion plans primarily for its outstanding business environment including contracting opportunities, outstanding workforce availability and centralized geographic location,” said Steve Chastain, Business Development Manager at CTL Engineering of Indiana.
“CTL’s acquisition of this new facility provides a key step forward in expanding our Indiana operations. Exciting projects in Indiana such as the new I-69 expansion from Indianapolis to Evansville as well as the Deep Rock Tunnel Connector Project for Citizens Energy Group in Indianapolis have been instrumental to our growth. CTL is committed to investing in the local community both short-term and long-term,” he added.
As an incentive, Indiana Economic Development Corporation offered CTL Engineering of Indiana, Inc. up to $185,000 in conditional tax credits and up to $24,000 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 incentives at the request of Develop Indy, a business unit of the Indy Chamber.
“Strong, sustained growth originates from a solid foundation, and Indiana has a sturdy base with a sound infrastructure and low taxes for businesses to build upon,” said Eric Doden, President of the Indiana Economic Development Corporation. “Companies like CTL know the value of building on a solid foundation and investing in the Hoosier State pays dividends both today and tomorrow.” CTL, which has more than 250 full-time associates, is currently hiring for engineering, field personnel and support staff positions.
Founded in 1927 as Columbus Testing Laboratory, CTL provides services in geotechnical engineering, environmental services, observation and testing of construction materials and processes, mechanical and metallurgical analysis, non-destructive evaluations, chemical analysis, roofing design and inspection, pavement design and structural steel and product testing. An employee-owned business with locations in Indiana, Ohio, West Virginia and India, the company primarily serves customers across the Mid-Atlantic and Midwestern states.
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