From the INside Indiana Business:
Haggard & Stocking Associates, Inc., a distributor of engineered products, announced plans today to expand its operations here, creating up to 25 new jobs by 2016.
The Indianapolis-based company, which supplies customers in the aerospace, automotive and medical industries, will invest $524,000 to expand its aerospace division at its 9,000 square-foot facility in Indianapolis. As part of the project, the company will make building renovations and information technology upgrades.
...
The Indiana Economic Development Corporation offered Haggard and Stocking Associates, Inc. up to $165,000 in conditional tax credits and up to $33,500 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis supports the project through additional incentives at the request of Develop Indy.
http://www.insideindianabusiness.com/newsitem.asp?id=53398
