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Fishers video software developer adding 49 jobs

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Fishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many as 49 new jobs by 2013.

The Indiana Economic Development Corp. announced the firm’s plans early Tuesday.

Eight-year-old Exacq, which develops software systems that manage video security and surveillance for local and international customers, plans to begin hiring this month. It already employs 30, up from 17 in 2007.

Exacq was one of 50 businesses identified as Indiana Companies to Watch by the Indiana Economic Development Corp. and its Small Business Development Center network. The honor recognizes up-and-coming enterprises that employ up to 150 and have at least $750,000 in annual revenue or working capital.

The IEDC offered the company as much as $650,000 in performance-based tax credits and up to $7,500 in training grants. The town of Fishers will consider additional property tax abatement.

"Indiana is a great place to grow and operate a technology business," company President Dave Underwood said in a prepared statement. "In particular, our close proximity to schools like Rose-Hulman, Purdue, Indiana, and IUPUI provides us with a rich pool of young talent to choose from."

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  • More Corporate Welfare
    If some clown started a business and employed two people (him and his wife), he'd get beaucoup bucks in perks from the politicians at taxpayers' expense, of course. When will this nonsense cease?

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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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