From the Indianapolis Star:
Allegion PLC, a spinoff of Ingersoll Rand, will receive up to $2 million in conditional tax credits from Indiana for locating its North American headquarters in Carmel and creating up to 100 jobs by next year.
The Indiana Economic Development Corp. announced the tax incentives today.
Allegion went public on Dec. 2 when its shares began trading on the New York Stock Exchange, making it the newest publicly traded company in Central Indiana.
The company makes mechanical and electronic security products and does business in more than 120 countries.
Allegion previously said the spinoff is expected to create about 125 new jobs at the Carmel office, at 11819 N. Pennsylvania St.
Allegion is incorporated in Ireland but has three regional headquarters — Carmel in North America, Brussels in Europe and Shanghai in Asia. It employs more than 1,000 people in Indiana and about 7,600 worldwide.
Last year, as a division of Ingersoll Rand, the operation earned revenue of $2 billion on sales of locking mechanisms, door-closing devices and exit devices.
http://www.indystar.com/story/news/2013/12/10/allegion-expected-to-make-jobs-announcement/3963171/
