From the Indianapolis Business Journal:
Automotive financial services firm NextGear Capital plans to open another office in Carmel and add 169 workers, the company announced Monday morning.
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The company, which provides financing programs for more than 17,000 automotive dealers, said it will invest $19.5 million to lease and renovate a 33,000-square-foot office at 11799 N. College Ave., in a building once occupied by life insurance giant Conseco Inc., which is now called CNO Financial Group Inc.
NextGear will maintain its existing office at 1320 City Center Drive in Carmel.
The company plans to use the new space to house its dealer services, auction services and business development center.
The Indiana Economic Development Corp. offered NextGear up to $1.3 million in conditional tax credits and up to $60,000 in training grants based on the company's job-creation plans.
http://www.ibj.com/carmel-auto-dealer-lender-plans-big-jobs-announcement/PARAMS/article/39976
Trucking and auto fleet insurer Baldwin & Lyons Inc. plans to move its headquarters from downtown Indianapolis to Carmel by the end of the year and hopes to add 133 jobs over the next five years, the company announced Monday afternoon.
Baldwin, which employs about 350 in Indiana, intends to spend $20 million to $30 million to purchase and improve a 184,000-square-foot office building at 111 Congressional Blvd. in Carmel, according to a news release issued by the Indiana Economic Development Corp.
That building was on the market in 2011, offering more than 125,000 square feet for lease. It is currently listed as an office site for several businesses, including Lauth Property Group and Farmers Insurance.
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Indiana Economic Development Corp. offered Baldwin & Lyons up to $3.5 million in tax credits, if it hires all the people it has promised to. Also, Baldwin will get $200,000 in training grants from the state. The city of Carmel is considering additional tax incentives.
http://www.ibj.com/baldwin-to-move-hq-to-carmel-add-133-jobs/PARAMS/article/39987
