Israel-Based Taranis Locates Global Headquarters in Westfield, Indiana
Taranis, which empowers growers to make informed and timely replant, crop nutrition and protection decisions that optimize yields through precision scouting, is investing nearly $10.5 million to lease and equip its new 6,000-square-foot facility at 725 E. Main Street.
“Locating our global headquarters in the heart of America's largest commodity crop production region enables us to interact more directly with our customers to better address the agronomic challenges of their growers,” said Mike DiPaola, general manager of North America and vice president of global sales at Taranis. “This exciting chapter for Taranis positions us well for growing our customer base and recruiting employee talent, while also allowing us to entrench ourselves in the area as the undisputed leader in precision scouting.”
The Indiana Economic Development Corporation (IEDC) partners with industry organizations like AgriNovus Indiana, the state’s initiative dedicated to promoting and accelerating the growth of the agbiosciences community, in order to target business recruitment in high-skilled, high-growth sectors. AgriNovus works to cultivate business development needs within the agriculture sectors, helping recruit organizations like Taranis to expand or locate in Indiana.
The IEDC offered Taranis Inc. up to $1.25 million in conditional tax credits based on the company’s high-wage job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Westfield supports the project.
“Taranis’ new headquarters is a welcome addition to the Hoosier state as we continue to grow our thriving tech presence," said Governor Eric J. Holcomb. "This investment will further strengthen our position as a top agricultural producing state and help attract a large, diverse talent pool for the future. I couldn't be more grateful that Taranis has chosen Indiana to call home.”
By utilizing drone fleets capable of capturing high-resolution imagery, Taranis’ proprietary software platform analyzes images and aggregates data to deliver real-time insights during each growth stage at a leaf-level resolution 20 times faster than the manual alternative, local officials explained. The images are tagged and evaluated by Taranis' artificial intelligence platform, which delivers the insights to users through the company's comprehensive CONNECT mobile platform. With Taranis' agronomic solutions, growers and their advisors can detect early symptoms of uneven emergence, nutrient deficiencies, weeds, crop diseases, insects or water stress almost immediately.
Taranis, which currently employs more than 80 people across the U.S., Latin America, Eastern Europe, Australia and the Middle East, plans to consolidate its sales, marketing and administrative functions at the new Westfield facility and continue to significantly expand its workforce during the first year of operation.
What’s Driving Record Industrial Real Estate Demand
2020 Top States for Doing Business Showcase Their Pro-Business Environments
17th Annual Consultants Survey: Consultants Are Optimistic About the Year Ahead
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Regional Report: Southeast Ports Expand Capacity
Trends in Office and Industrial Parks