The city of Fishers has announced plans from five companies to invest a total of $10.3 million to grow operations in the Hamilton County city and add more than 500 total jobs through 2021. The new investment is part of the city’s record year of economic development commitments.
Fishers Mayor Scott Fadness, who discussed the city’s economic development growth on Inside INdiana Business with Gerry Dick, says the new investment from companies is the result of the "intentional vision to make Fishers a smart, vibrant, and entrepreneurial community."
“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," Fadness said in a news release. "These companies announced today come alongside the more than dozen companies whose growth we celebrated this year."
The companies announcing growth plans Monday include:
- Aggressively Organic, an ag tech company dedicated to ending food insecurity through innovative agriculture practices, plans to add 200 net new jobs and $734,250 in capital investment by 2021.
- BrainForest, a technology-based brain health and wellness firm, plans to add 185 new jobs and $7.4 million in capital investment by 2021.
- Clarke Solutions, which specializes in engineering services for the life science, medical device, and food manufacturing industries, plans to expand its workforce by 60 net new employees by 2020.
- Complete Structural Consulting, which provides innovative engineering services to steel fabricators, general contractors, architects, and steel detailers around the country, plans to expand its workforce by 30 net new engineering positions along with $1.5 million in capital investment.
- In Search of Technology, an IT firm that specializes in staffing, strategy, and mobile app development for business based out of Launch Fishers, announced its plans to add 36 new jobs.
The Indiana Economic Development Corp. has offered a total of more than $5.6 million in conditional tax credits and nearly $500,000 in training grants to the companies. The city of Fishers did not provide additional incentives, but says it supports the projects.
With the new jobs announcements, the city says companies in 2017 have committed to investing a total of $64.5 million and adding 2,185 jobs.