Members of the Fishers City Council will vote on an economic development package for INCOG BioPharma. The firm plans to construct a 50,000 square-foot manufacturing facility in Fishers by investing $60 million.
Along with incentives from the State of Indiana, the city is offering a 13-year personal property and no-year real property tax abatement, if the council approves at its Monday night meeting.
INCOG says it will hire about 150 new full-time employees by 2024, and a total of 260 full-time workers by 2029 at an average annual salary of $83,200, according to the city council action form.
The announcement was made Thursday morning about INCOG BioPharma’s Fishers plans.