Hendricks County Flyer, Avon, IN

Local News

December 12, 2012

Companies unveil Indiana investment plans

More than 2,550 new jobs to come

(Continued)

BidPal, Inc., an Indianapolis-headquartered handheld bidding device company that helps non-profits enhance charitable fundraising, will invest $3.5 million to expand its existing office space on the north side of Indianapolis, creating up to 172 new jobs by 2017. As part of the project, it will also acquire additional information technology and telecommunications equipment to support growing customer demand and expand the company’s service and support capacities. BidPal received a $1 million grant from the state’s 21st Century Research and Technology Fund (21 Fund) in 2009 and has since grown to more than 65 associates in Indiana today.

Brunswick Fort Wayne Operations, producer of Harris FloteBote and Cypress Cay pontoon boats, plans to expand its operations in northern Indiana, creating up to 200 new jobs by 2016. The company has manufactured recreational boats for more than 50 years in Fort Wayne. Having outgrown its current facility, the company plans to move into a larger space by early 2014.

Phoenix, Ariz.-based Café Valley, Inc., is a producer of baked goods — both private label and its own Café Valley Bakery brand — for restaurants, supermarkets, and convenience stores across the United States as well as 50 countries. The company plans to construct a new facility on the former Thompson Consumer Electronic site in Marion, creating up to 400 new jobs by the end of 2018. The new facility is expected to open its doors in 2014 with about 100 employees.

ExactTarget will invest $55 million in equipment and real estate to expand its Indianapolis operations over the next five years, creating up to 500 new jobs by 2018. The global interactive marketing provider, which employs more than 1,000 Hoosiers in Indianapolis, debuted on the New York Stock Exchange in March and recently announced multi-million dollar acquisitions of Atlanta-based Pardot and Indianapolis-based iGoDigital.

Inventure Foods, a marketer and manufacturer of specialty food brands, will expand its Bluffton operations, creating up to 80 new jobs by 2015. The company plans to add bagging machines and distribution systems to accommodate product growth. With additional locations in Arizona and Washington, the company’s products range from Jamba smoothies to Boulder Kettle chips to T.G.I. Friday’s potato skins and onion rings.

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