Wednesday, April 11, 2012

Automotive Robotics Offered $300,000 in Conditional Tax Credits

From the Indianapolis Star:

Automotive Robotics Indiana Labs Inc. today announced it will invest $10 million in a new facility at the Purdue Research Park and create up to 30 jobs by next year.

The Illinois-based company, which provides electronics, engineering design and manufacturing services, will build a 50,000-square-foot facility on a 5-acre site. It will house test cells and prototype build areas for engine testing.
The Indiana Economic Development Corp. offered Automotive Robotics up to $300,000 in conditional tax credits and up to $50,000 in training grants based on the job creation plans. Additional incentives are being provided through the Tippecanoe County Commissioners and the city of West Lafayette.

http://www.indystar.com/apps/pbcs.dll/article?AID=2012204110355