A custom electronics and technology service provider has announced plans to relocate from Carmel to Zionsville. The Boone County Economic Development Corp. says TriPhase Technologies will invest $3.5 million into the move and create 10 jobs by 2021.
TriPhase says it is looking to consolidate its warehousing, office and showroom operations into a nearly 28,000-square-foot building in Zionsville. The company plans to build a state-of-the-art design center and event space within the building to showcase its offerings.
"We welcome TriPhase Technology to Zionsville as the company brings their innovative systems and technology to homes and businesses in the area," Zionsville Mayor Tim Haak said in a news release. "Entrepreneurs and businesses continue to find success in Zionsville and we look forward to watching TriPhase Technology grow here."
TriPhase currently employs 43 people out of its office in Carmel. A timeline for the relocation to Zionsville was not released.