UKG (Nasdaq: ULTI), which offers a workforce management and human resources platform, has announced plans to expand its Indianapolis operations by 200 workers within three years and invest nearly $1 million. The company was created by the 2020 merger of Kronos Inc. and Ultimate Software and currently employs about 310 Hoosiers.
UKG says it has committed to creating a workforce of 510 in Indiana by the end of 2024. It says more than half of the 200-plus planned new hires have already started at the company.
“The talent from Indiana colleges and universities, as well as our partnerships with Historically Black Colleges and Universities and Minority Serving Institutions, is critical to the success of UKG. I’m excited as we continue to grow here in Indiana,” said Doug Ding, UKG’s senior practice director.
The company says it is also celebrating the 10th anniversary of the Indianapolis Technology Center of Excellence, which is located inside the PNC Bank building in downtown Indianapolis.
The Indiana Economic Development Corp. says it will commit to $2.3 million in conditional tax credits and $200,000 in training grants.