IncSmart Indiana (Small Business and Startups) - AXISCADES, a global engineering company, is locating it's US headquarters in Indiana. The company will initially open it's office at 810 Brown St. ion Columbus. This follows a week long trade mission by the governor. The plan is for AXISCADES to create up to 100 jobs within the first year of operations, and 500 additional Hoosiers employees by the year 2023.
AXISCADES is expected to begin operations by April 2018, as part of it's $10 million investment. The company provides engineering solutions for aerospace, defense, automotive, and energy businesses. The Indiana Economic Development Corporation, IEDC, is offering up to $4 million in conditional tax credits and up to $500,000 in training grants. In additional to the tax credits, Indiana will provide $1 million in incentives will also be used for support infrastructure. The city of Columbus has also offered $50,000 in performance based incentives.
By IncSmart Staff Writer
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