Indianapolis-based TOC Logistics International, a global logistics management organization, has announced plans to grow its headquarters. The company says the expansion will create up to 87 new jobs by the end of 2023.
The company is investing more than $1.8 million to expand its headquarters and meet demand from its growing client base.
TOC Logistics says it will leave its current location at 2601 Fortune Circle Dr. and plans to move to 5420 W. Southern Ave., doubling its footprint in a new 12,000-square-foot office this fall.
The new space will include high-tech conference technology, new furniture and updated work stations.
“We are proud to be headquartered in Indianapolis and we look forward to expanding our footprint and adding many new, eager team members,” said Gary Cardenas, president of TOC Logistics in a news release. “We have always been a client-focused company, and because of that we want to ensure that our team can properly support all client needs and continue to exceed expectations.”
The Indiana Economic Development Corp. has offered TOC Logistics up to $940,000 in conditional tax credits, which the company will not be eligible to claim until Hoosier workers are hired for the new jobs. Additional incentives will be considered by the city of Indianapolis.