Mortgage Company's Expansion in Indianapolis Expected to Create 140 Jobs
08/31/2011
Royal United is a privately held, predominantly employee-owned mortgage bank providing consumer mortgage and home equity financing. Presently it employs 151 workers in Indianapolis, and already has begun hiring new mortgage advisory, operations, technology and servicing associates.
The Indiana Economic Development Corporation offered Royal Mortgage United, LLC up to $1,000,000 in performance-based tax credits and up to $120,000 in training grants. Develop Indy (Marion County's economic development organization) will support a personal property tax abatement for approval by the Metropolitan Development Commission dependent upon the company's job creation and investment plans.
"When we launched this business a little over three years ago, we were confident that the resources available to us in the Indiana market would provide us with some of the best and brightest in this industry," said President Michael Keleher. "Our results have proven this to be true. I am proud of our team and look forward to our expansion."
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024