Two More Tech Firms Plan Growth in Indy
Indiana ranks fifth on this year's list.
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAn information technology and a marketing services company are planning expansions in Indianapolis. Brite Systems Inc. and Site Strategics, both headquartered in central Indiana, intend to add a total of more than 75 jobs within the next five years.
Brite Systems says it will pump nearly $130,000 into growth to help meet increased demand for its IT consulting and software development services. Chief Executive Officer Jay Fernando says "we are thrilled to be part of this thriving and vibrant community of Indianapolis and proud to call ourselves a homegrown Hoosier company. The state of Indiana’s world-class universities and knowledge base fulfills our ever-growing need to hire and retain top-notch technology professionals. Our future expansion plans will always be centered right here in central Indiana." The company currently employs 34 and plans to add 54 by 2021 to help serve a larger national client base.
Site Strategics is looking to invest around $550,000 into a new Indianapolis headquarters. Currently based in Southport, the company says business is growing by an average of 45 percent each month. Owner Erin Sparks says "this is an exciting time. We’ve honed a good engine here, and we know what works. I’m delighted that we can grow this business here in Indiana where cooperation between the business sector, our government and the nonprofit community is so healthy." The company has nearly three dozen clients throughout the country and will add space for tasks including podcasting and hosting clients and business partners. Site Strategics plans to more than double its current work force of 10 by 2020.
Brite Systems has been offered up to $565,000 in conditional tax credits from the Indiana Economic Development Corp. and Site Strategics could receive up to $230,000 based on job creation plans. The new jobs are expected to pay around 40-50 percent higher than the average wage in the state.