Terraboost Media Expands Operations to Indianapolis, Indiana
11/21/2018
The Miami-based company will invest over $1 million to lease, equip and furnish an 8,000-square-foot facility at 8604 Allisonville Road in Indianapolis. Scheduled to be operational by the end of November, the new facility, which is Terraboost Media’s fourth location, will be home to the company’s back-office operations, marketing, sales, account management and customer service, with production, distribution and manufacturing operations being considered in the future.
“We were so impressed with the warm reception we received from the Indiana Economic Development Corporation, and the continued support both before and after the decision was made, which provided us with the confidence we needed to move forward,” said Brian Morrison, CEO and co-Founder of Terraboost Media. “While the data certainly supported the selection of Indianapolis; what impressed us the most was the caliber of the talent in Indiana, along with the humble attitudes and Midwestern values not found in other areas of the country. This was all very well aligned with our vision of scaling our company on the foundation of employees who will care deeply about our clients’ overall experience and focus on delivering maximum value.”
The Indiana Economic Development Corporation offered Terraboost Media up to $1 million in conditional tax credits 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 Indianapolis supports the project at the request of DevelopIndy, a business unit of the Indy Chamber.
Terraboost Media, which currently has 140 employees nationwide, plans to create up to 150 additional jobs over the next two years at its Indianapolis location. To support the planned growth of its client base, which is expected to increase by 270 percent over the next year, the company is currently hiring for positions in sales and account management, customer success, inside and outside sales, trainers and appointment setting.
“Terraboost Media choosing Indiana for its Midwest growth is yet another example of the confidence companies have in the state’s business-friendly environment and our skilled workforce,” Governor Eric J. Holcomb said. “The company’s founders, Brian and Brett Morrison, are great examples of the talent graduating from Indiana’s renown universities, and I’m thrilled that they are choosing to reinvest here and create more opportunities for Hoosiers.”
“I am excited that Terraboost Media chose Indianapolis to be its major Midwest facility,” said Indianapolis Mayor Joe Hogsett. “Businesses need opportunities to share their messaging nationwide, and Terraboost Media is providing a platform to do so. I congratulate Brian, Brett, and the entire team on their continued success.”
Project Announcements
Britain-Based Strive Sales Establishes Tampa, Florida, International Office
03/21/2023
Global Resources International Plans Columbia, Alabama, Operations
03/21/2023
HistoWiz Establishes Queens, New York, Central Laboratory
03/21/2023
Big Fish Games Establishes New Orleans, Louisiana, Talent Hub
03/21/2023
Sonoco Protective Solutions Expands Owosso, Michigan, Operations
03/21/2023
ABB Robotics Expands Auburn Hills, Michigan, Production Campus
03/21/2023
Most Read
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023