MISO Investing in Carmel
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA Carmel-based company that serves as an "air traffic controller" of the electrical grid is expanding. Midcontinent Independent System Operator Inc. plans to invest $30 million into its Hamilton County headquarters and add more than 80 jobs over the next four years.
MISO currently employs nearly 950 throughout the country, most of which work in Carmel. The company is reconfiguring, improving and upgrading equipment at the campus. Work is set to begin this month.
Chief Executive Officer John Bear says "Indiana has been our home since we first started, and we are proud to continue that investment. Fulfilling our mission of ensuring reliable operation of the electric grid requires the best and the brightest. This commitment to our Carmel facility will ensure that we have the people and technology to continue that mission in a way that provides value to our region."
MISO helps coordinate delivery of electricity throughout 15 states and the Canadian province of Manitoba.
The Indiana Economic Development Corp. says the new information technology and engineering positions are expected to pay almost double the average wage in Hamilton County. You can connect to more about the available positions by clicking here.
The company has additional facilities in Arkansas, Minnesota and Louisiana and became the first Regional Transmission Organization in the country in 2001. MISO could receive more than $1.5 million in conditional tax incentives from the IEDC.