The City of Fishers has announced a number of individual companies planning growth, with a total of 511 jobs on the way and $10.3 million in new investment.
“To see the numbers of homegrown and Fishers-based companies being celebrated today shows that the momentum of initiatives such as Launch Fishers and the upcoming Fishers IoT Lab are critical to the future of entrepreneurship and economic growth for our city,” said Fishers Mayor Scott Fadness in a city news release. “These companies announced they will come alongside the more than dozen companies whose growth we celebrated this year.”
Here is a list of the companies announcing new plans Monday:
Aggressively Organic – This agricultural tech firm specializes in innovating within the ag industry. The company plans on 200 net new jobs and $734,250 in capital investment by 2021. The state of Indiana has offered the company $2.5 million in conditional tax credits and up to $200,000 in training grants.
BrainForest – Another technology company, but centered on brain health and wellness. This company plans to add 185 new jobs and $7.4 million in capital investment by 2021. The state has offered the company $1.8 million in tax credits and $100,000 in training grants.
Clarke Solutions – This business specializes in engineering services for the life science, medical device and food manufacturing industries. Their plans call for 60 net new employees by 2020 and $575,000 for tax credits and $70,000 in training grants.
Complete Structural Consulting (CSC) – This company specializes in engineering services to steel fabricators, general contractors, architects and steel detailers around the country. Clark is projecting 30 net new engineering positions along with $1.5 million in capital investment. $285,000 in tax credits and $75,000 in training grants have been offered by the state.
In Search of Technology – This is an IT firm that specializes in staffing, strategy and mobile app development for business. This firm expects to add 36 new jobs. The state has offered the company $472,000 in tax credits over 10 years and $50,000 in training grants.
All state incentives for the companies listed are contingent on the firms hitting their targets for adding employees.
The City of Fishers is touting a big year in job creation, citing 2,185 new jobs and $64.5 million in capital investment committed by firms in 2017. According to numbers provided by the city, the total average wage for all new jobs announced in 2017 exceeds the county average at nearly $66,000.