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CTDI Plans Charlestown, Indiana, Operations Complex

06/26/2024
Communications Test Design, Inc. (CTDI), a full-service, global engineering, repair, and logistics company providing best-cost solutions to the communications industry, plans to establish operations in Charlestown, Indiana. The $26 million project is expected to create 600 jobs.

The facility will be located at 1651 Penny Martin Lane in the River Ridge Commerce Center.

“Southern Indiana is the perfect location for CTDI to find continued success,” said CTDI’s General Manager of Real Estate Toby Booker. “The surrounding areas have proven to be a great area for technology companies, and we look forward to building our workforce with steady, good paying positions.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) is supporting the project with up to $4.75 million in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.

“Indiana’s economic momentum continues to build as companies like CTDI commit to growing and creating new jobs statewide,” noted Ann Lathrop, chief strategy officer at the IEDC. “In today’s climate, speed is the new incentive, and mega sites like the River Ridge Commerce Center make investing easy, helping companies get up and running quickly. In addition to creating hundreds of new Hoosier jobs, CTDI’s expansion will accelerate further economic growth and community development in Charlestown and the surrounding southern Indiana region for years to come.”

CTDI provides engineering, repair and logistics services for customers in the communications industry, including telecommunication carriers, cable service providers and original equipment manufacturers.

“Communications and related infrastructure and capacity will continue to be critical to our economy, and having a global communications leader in Southern Indiana is very exciting,” added Lance Allison, president and CEO of One Southern Indiana. “Additionally, CTDI’s commitment to the community and local economy will have returns to our community for years to come.”

“We are excited for CTDI’s continued growth at River Ridge, and their commitment to the Southern Indiana region,” said River Ridge Development Authority Executive Director Jerry Acy. “CTDI‘s expansion further demonstrates the competitive advantages companies gain by doing business at River Ridge and highlights Southern Indiana’s growing reputation as the place to be within the tech community.”

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