Northern Ireland-based Kainos Expands Indianapolis, Indiana, Operations
Headquartered in Belfast, Northern Ireland, Kainos is investing more than $800,000 to lease and equip office space at 55 Monument Circle in Indianapolis. The company, which opened its new office in October 2019, plans to grow and enhance its dedicated Workday Practice, which assists enterprise companies to digitally transform and drive business planning.
“Kainos is growing at a significant rate in North America, and we are excited to establish Indianapolis as one of our major hubs to support our expansion efforts," said Mike Hitch, Vice President of testing services for North America, Kainos. "As a global technology company, we chose Indianapolis due to the city’s access to talent with its abundance of local colleges and universities; in addition, it maintains some of best cost of living opportunities within the U.S.”
“Furthermore, there is a unique synergy of cultures between our headquarters in Belfast, Northern Ireland and our hub in Indianapolis which has made it seamless to embrace our company culture. To top things off, many of our key clients and partners are located right here in the Circle City. We look forward to continued growth and success here in Indy and appreciate our partnership with the state of Indiana, city of Indianapolis and IEDC to support our efforts,” he added.
The Indiana Economic Development Corporation offered Kainos up to $3.3 million in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Indianapolis will consider additional incentives at the request of Develop Indy.
“We are excited for Kainos to grow its presence as part of our city’s robust tech ecosystem,” said Indianapolis Mayor Joe Hogsett. “Their ability to lead large-scale digital transformations not only supports global companies, but our local employers as well. Congratulations to Kainos on its remarkable success.”
"Because of Indiana's business-friendly environment, low cost of living and high quality of life, global tech companies like Kainos are setting up shop here," said Indiana Secretary of Commerce Jim Schellinger. "Kainos will be a great addition to the Indianapolis tech ecosystem, bringing more than one hundred high-wage jobs and a global presence to our state."
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