Connect With Us

Inside INdiana Business
Subscribe Now Log In
  • Home
  • News
    • Education
    • Health
    • Tech
    • STEM
    • Advanced Manufacturing & Logistics
    • Life Sciences
    • Ag INnovation
    • INPower
  • Videos
  • Big Wigs
    • Submit Big Wigs
  • Events
    • Engage Southwest Indiana – Evansville
    • Engage Northwest Indiana – Valparaiso
    • Engage Greater Lafayette – West Lafayette
    • Engage West Central Indiana – Terre Haute
    • Engage South Bend – Elkhart
    • Engage Northeast Indiana – Fort Wayne
    • Engage Central Indiana – Indianapolis
  • Newsletters
  • Podcasts
  • On-Air
    • TV & Radio Listings
  • Contact
    • About IIB
    • Meet the Team
    • Contact Us
    • Advertise
    • Gift Cards
    • Flagship Stations
    • Gerry’s Message
    • Speaking Engagement Request

Connect With Us

Cannabinoid Products Maker Expanding in Carmel

Monday, January 10, 2022 05:33 PM EDT
By Alex Brown
3C Labs sells products under the 3Chi brand. (photo courtesy of 3Chi)

Carmel-based 3C Labs LLC is looking to grow its central Indiana operations. The cannabinoid research and manufacturing company plans to invest $1.5 million to expand its three offices in Carmel and Indianapolis and create 270 jobs by the end of 2023.

3C Labs makes a variety of cannabinoid products under the 3Chi brand, including vaping products, consumables such as gummies, drinks and baked goods, and oils.

According to documents filed with the Indiana Economic Development Corp., 3C Labs expects to add 90 jobs by the end of this year. Chief Executive Officer Justin Journay tells our partners at the Indianapolis Business Journal the company currently employs about 300.

3C Labs has an office near 116th Street and Keystone Parkway in Carmel, as well as two near I-69 on the northeast side of Indianapolis.

The IEDC has offered 3C Labs up to nearly $3 million in conditional tax credits, which the company will not be eligible to claim until Hoosier workers are hired for the new jobs.

Story Continues Below

Most Popular Stories

  • Indiana Golf ready to tee off on new HQ at Fort Ben

  • Holcomb makes multiple board, commission appointments

  • DeKalb County Airport to reopen extended runway

  • Small business export program to expand with grant

  • IU partnership to focus on AI-driven autonomous racing

  • Valparaiso distillery project nearing completion

Perspectives

Strategic steps to take before you sell your company

Strategic steps to take before you sell your company

Before initiating the sale process, it's crucial to evaluate the financial health of your business. Prospective buyers will closely examine financial statements, profit margins, cash flow, and growth potential. Engaging a professional accountant or financial advisor can provide valuable insights to ensure your financial records are accurate and well-organized....

Inside INdiana Business

Inside INdiana Business
A division of IBJ Media

1 Monument Circle, Suite 300
Indianapolis, IN 46204

PHONE: (317) 634-6200

FAX: (317) 263-5060

NEWSLETTER@IIBNEWS.COM

  • Home
  • News
  • Videos
  • Gerry Dick
  • Newsletters
  • On-Air
  • Contact

Copyright © 2023 All Rights Reserved Privacy Policy | Terms of Service