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Tech firm plans 400 jobs in Kokomo, Carmel

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Systems in Motion LLC, a California-based technology consulting firm, plans to expand its operations in Kokomo and Carmel and create 400 jobs by 2017.

The company plans to lease up to 25,000 square feet of space in downtown Kokomo’s historic Firestone Building, where it expects to hire about 240 workers, the firm announced Monday. It also intends to expand its existing offices in Carmel by 15,000 square feet and hire an additional 160 workers.

Between the two projects, the Newark, Calif.-based company expects to invest about $5.4 million in lease, renovate and equip the two properties. The projects are expected to be complete by December 2016, but the firm plans to begin hiring next month.

Systems in Motion already operates at 2747 S. Albright Road in Kokomo and 11550 N. Meridian St. in Carmel, with 25 employees between the two locations.

Founded in 2009, Systems in Motion is an infotech consulting and outsourcing firm, working with clients in the financial service, retail, life science, entertainment, mobility and hospitality sectors.

The Indiana Economic Development Corp. has offered Systems in Motion up to $5.65 million in conditional tax credits and $100,000 in training grants, based on the company’s job-creation plans. The tax incentives are performance-based, meaning that they won’t go into effect until workers are hired.

The average monthly salary for the new jobs will be about $6,500, including benefits, according to a company spokesman.

The city of Kokomo has approved additional incentives at the request of the Greater Kokomo Economic Development Alliance.

The company acquired Indiana-based Zuna Infotech earlier this year. In 2009, Zuna had pledged to locate operations in Kokomo's Inventrek Technology Park and hire 400 workers by 2012. State officials offered $1.16 million in tax credits for the project.

It was not immediately clear Monday whether the company met its hiring goals. An IEDC spokeswoman said Monday that no state incentives were paid out to the company.

 

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  • I always have questions
    Just from looking at their website, you have to have years of experience. Does anyone know if I am correct??
  • GOOD PLACES TO HAVE THEM
    These are great locations, Carmel at 116th street and Meridian and Kokomo. Big data company focusing on big data migration and management.
  • is this contract or full time positions
    I wonder if these are full time positions or contract. Where are they getting these resources, other contracting and consulting firms,recent grads from Universities for cheap contractors?
  • Wrong Mr. Negative
    First, if you knew how to read English (are you an Italian immigrant?) you would have noticed it said "conditional credits." In other words, WHEN the jobs are created, they get a credit on their tax return. If the jobs aren't created they get no credit. The taxpayers can't lose on that deal. If the jobs are created they delay some taxes that we would have never had otherwise. As to Carmel, it is part of the Indy metro. When they succeed everyone succeeds--don't you think a few Indy people will now get a better job?
    • KA-Ching
      And Indiana tax money continues to flood the rich and powerful. Will they ACTUALLY create jobs?? HMMM
      • Dear Neocon
        Indiana sucks Indiana isn't creating good jobs and so on. This is not grammatically correct but up to Indiana standards.
      • Indy???
        It's good to see new jobs coming to Central Indiana, especially to the Kokomo area. But what about Indianapolis? Where are the new jobs for Indy? They all seem to be going to Carmel. Indy leaders need to correct this. This is after all the State Capitol. Something's wrong here. Meanwhile, we build a cricket park. Give me a break!
      • I am not one
        I agree but I am more in the middle and who can be against new jobs and people moving to this State? Libs drive me nuts also but so does the other side at times.

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      1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

      2. Shouldn't this be a museum

      3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

      4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

      5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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