IBJNews

World Media Group to expand Indianapolis operations

Back to TopCommentsE-mailPrintBookmark and Share

Multimedia products maker World Media Group Inc. will invest more than $2 million to expand its manufacturing operations on the east side of Indianapolis, increasing its workforce by 20 percent.

State economic development officials announced the expansion plans Wednesday morning.

The Indianapolis-based company, which makes DVDs, compact discs and flash drives, already employs more than 130 at its manufacturing facility on East 30th Street. It plans to add as many as 28 jobs in the next two years.

Indiana Economic Development Corp. offered the company as much as $100,000 in performance-based tax credits and $5,000 in training grants. The city of Indianapolis will provide hiring assistance.
 
"Indiana and more specifically, Indianapolis made strategic sense for the expansion of our manufacturing process because of this centralized location,” World Media executive Josh Mellentine said in a prepared statement. “We can reach 70 percent of the United States and Canada in one day's drive.”

Founded in 1988, World Media employs about 150 at production centers in Columbus, Ohio; Nashville; Dallas; and New York City. Its Creative Card Group produces and programs the plastic cards used for gift cards, loyalty cards and hotel room keys.

ADVERTISEMENT

  • State money, not city money
    The financial incentives received by this company are from the State of Indiana, not from the City of Indianapolis. Be mad at the State's Economic Development Office, not the Mayor.
  • Correct
    This company doesn't pay the MPEG/LA licensing and has also filed bankruptcy numerous times. Doesn't mayor Ballard check before throwing money at companies to make sure they are decent companies?
  • WMG is not fair
    This company WMG, does NOT pay all the associated royalties on their DVD manufacturing and continually low balls its competitors by not playing fair! This company has also filed bankruptcy numerous times and how the city can give them money etc is beyond me!

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

ADVERTISEMENT