Indianapolis-based Hoosier Security has opened its new headquarters in the Circle City Industrial Complex. Owner Armando Perez says the expansion is part of a $6.2 million investment in "people, space and equipment" taking place over the next five to seven years and includes the addition of 15 jobs over the next three years.
The facility features a new systems design lab that utilizes 3D designers to create custom security systems. It also includes a separate build room where security systems can be assembled, programmed and tested. Perez said in October, "Our plan has always been to build a model shop and then expand into other locations and this home office can now support up to seven other locations."
Perez says the new positions will pay between $32,000 and $95,000 per year.
The expansion is part of the CCIC’s redevelopment initiative launched in 2015. The site is the former home of the Schwitzer Corp., founded by Louis Schwitzer, who won the first-ever race at the Indianapolis Motor Speedway in 1909.
"We are so pleased that Hoosier Security will continue their tenancy at the Circle City Industrial Complex," said Larry Jones, president of Indianapolis-based Teagan Development Inc., which is leading the CCIC redevelopment. "Their expansion is a great example of the ongoing redevelopment and revitalization efforts within the CCIC and throughout the Mass Ave Industrial Corridor, bringing local businesses and job opportunities back to the near east side."