Hendricks County Flyer, Avon, IN

Business

December 21, 2013

Seven companies unveil Indiana investment plans

(Continued)

The Indiana Economic Development Corporation offered Ascension Health Shared Services, LLC up to $4,800,000 in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans.

Bastian Automation Engineering, LLC was offered up to $375,000 in conditional tax credits and up to $50,000 in training grants based on the company’s job creation plans. BlueBridge Digital, LLC was offered up to $1,850,000 in conditional tax credits and up to $50,000 in training grants based on the company’s job creation plans. Classic Alumadeck was offered up to $275,000 in conditional tax credits based on the company’s job creation plans. DuCharme, McMillen & Associates, Inc. was offered up to $425,000 conditional tax credits and up to $75,000 in training grants based on the company’s job creation plans. Gruuv, LLC was offered up to $330,000 in conditional tax credits and up to $35,000 in training grants based on the company’s job creation plans. Perceivant, LLC was offered up to $800,000 in conditional tax credits 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 projects of Ascension, Classic Alumadeck, DuCharme, MicMillen & Associates, Gruuv and Perceivant at the request of Develop Indy, a business unit of the Indy Chamber. Hancock County and the city of Greenfield will consider additional property tax abatement for Bastian’s project at the request of the Hancock Economic Development Council. The town of Fishers supports BlueBridge’s project with a flexible lease agreement.

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