Tech Company From Bloomington Expanding, Moving HQ

Posted: Updated:
The company's new headquarters will be located in the Stutz Business Center in downtown Indianapolis. The company's new headquarters will be located in the Stutz Business Center in downtown Indianapolis.
INDIANAPOLIS, BLOOMINGTON -

A Bloomington-based technology consulting firm is planning to move its headquarters to Indianapolis as part of an expansion. Lucid Services Group, which will maintain a presence in the Monroe County city, says it will open its headquarters next month at the Stutz Business Center in Indianapolis and create up to 76 jobs over the next three years.

The company currently employs 15 and is looking to double its work force in the remaining weeks of 2017. The second office and its location in Indianapolis, the company says, will help meet rising demand from its slate of Fortune 500, hospital system, medical device and software as a service industry customers.

Owner and Chief Executive Officer Bethany Robinson says "Indiana is a fantastic market for the life sciences industry, as well high-tech engineering companies. The state's history of innovation in this space is creating more demand for professional services partners to help medical device, pharmaceutical and biotechnology firms continue to drive new products to market."

Lucid Services Group says its sales grew more than 400 percent last year and the new positions, expected to pay more than double the state average, will be based in Indianapolis, Bloomington and serve clients on-site.  with its clients. New positions are expected to pay an average wage more than double the state average wage.

Chief Operating Officer John Galligan says the new HQ puts Lucid Services Group "in the middle of the action that downtown Indy has to offer. Our team tips our hat to the leadership at both the state and city of Indianapolis for creating such an amazing business climate. When working with state leaders, we found a group committed to growing companies and the high-tech workforce here in Indiana. We are thrilled to be able to put down our roots in Indianapolis and capitalize on the already strong talent base here."

The company has been offered up to $1.6 million in conditional tax credits and training grants from the Indiana Economic Development Corp. It was launched as LucidCorps in 2016 and serves customers in Indiana, Ohio, Kentucky and New York.

You can connect to more about the expansion by clicking here.

  • Perspectives

    • The Evolution of Business: From Bottom Line to Value Creation And Impact

      In today's world, consumers want to know how corporations, as a whole, are taking a stand. In fact, customers are 43 percent more likely to purchase a product from a company they know is committed to social value. It's not just consumers pushing this trend. Financial service industry leaders, like KeyBank's Beth Mooney and BlackRock's Larry Fink, are challenging business owners and the C-Suite to rethink their economic impact, environmental footprint and social conscience.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • St. Vincent Announces Layoffs

      St. Vincent Health says it has laid off 85 employees throughout the state. In a statement to Inside INdiana Business, St. Vincent cites a rapidly-evolving healthcare environment as a reason for the workforce reduction. 

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

    • (Image Courtesy: Lilly Oncology)

      Lilly Closes on Mega Acquisition

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...

    • Rose-Hulman Adds New Major

      Rose-Hulman Institute of Technology students now have another option when choosing a major. The Institute has added a engineering design major which is expected to offer a multidisciplinary experience. Students are enrolled to start the new program in the 2018-2019 school year. 

    • E-Commerce Ruling Generates Reaction

      A ruling by the U.S. Supreme Court on taxing e-commerce is generating reaction throughout the state. In a 5-4 decision, the high court has opened the door for online retailers to charge consumers sales tax, even if the business is based in a different state than the buyer. Both Governor Eric Holcomb and the Indiana Chamber of Commerce hail the reversal of a previous ruling as a way to "level the playing field" for Hoosier businesses competing with out-of-state-headquartered...