Saturday, December 14, 2013

IBJ Reports BlackInk IT Offered Tax Credits for Expansion in Indianapolis

From the Indianapolis Business Journal:

Technology management firm BlackInk IT plans to expand its downtown headquarters, adding 30 workers by 2017, the Indianapolis-based company announced Friday morning.

BlackInk, which contracts with small and-mid-sized businesses to serve as their IT departments, said it plans to spend $244,500 to add equipment at its 6,000-square-foot headquarters at 277 E. 12th Street.

The Indiana Economic Development Corp. offered BlackInk IT up to $300,000 in conditional tax credits and up to $40,000 in training grants based on the firm’s job-creation plans.

The 20-year-old company began the expansion in November and has started the process of hiring system engineers, network engineers and support representatives.

The firm currently has four full-time workers and other contract employees in Indiana. It also has employees outside the state handling clients in California and Texas.

BlackInk spokesman Doug Allgood said the new hires will be full-time employees in Indiana making an average wage of $34.63 per hour. The company expects to reach its hiring goal by 2016, he said.

The city is considering an additional tax-abatement request.

http://www.ibj.com/it-management-firm-blackink-plans-downtown-expansion/PARAMS/article/45112