A Louisville-based Software-as-a-Service company has announced plans to relocate its corporate headquarters to New Albany. Vsimple, which has developed an end-to-end systems platform for manufacturing and logistics companies, says it will invest nearly $2 million in the new location and create 70 jobs by 2025.
Vsimple’s platform provides record management, internal coordination, customer communication and data insight services for clients. The company says the new positions will focus on research and development, sales and marketing, and customer success.
“Vsimple is challenging the status quo in so many ways; choosing the space we did in New Albany, Indiana really fits the way we operate,” Buddy Bockweg, co-founder and chief executive officer of Vsimple, said in a news release. “We want to be a tentpole in this community for many years to come and are excited about the numerous advantages within it, including a large pool of talent.”
One Southern Indiana, the economic development organization and chamber of commerce for Clark and Floyd counties, says the new jobs will come with salaries that are “well above” the average wage for Floyd County.
“The fact that Vsimple chose southern Indiana for their corporate headquarters and future growth speaks volumes about our region, our workforce and our leadership,” said 1si CEO Wendy Dant Chesser. “Vsimple’s focus on software solutions to streamline internal processes makes them an ideal fit for the dynamic manufacturing and distribution base in this area and beyond.”
The Indiana Economic Development Corp. is offering Vsimple more than $1 million in conditional tax credits, which the company will not be eligible to claim until Hoosier workers are hired for the new jobs. The New Albany Redevelopment Commission will consider an additional $12,000 in training grants this week.