A 5-year-old Georgia firm that produces software to manage energy use is moving its corporate headquarters to Indianapolis, where it plans to hire 70 workers by 2015, economic officials announced Monday morning.
Blue Pillar Inc., founded in 2006 in Alpharetta, Ga., will locate on the city’s north-side at 9025 River Road. The company already lists the address as its headquarters on its website.
Develop Indy, the city’s economic development agency, said it will pay for the company’s relocation expenses, but declined to disclose the amount due to "competitive reasons."
The company, which now has fewer than 10 employees, said it plans to add 70 employees by 2015 mostly in software development and sales. The average wage for those jobs is expected to be more than $40 per hour.
Blue Pillar CEO Kevin Kushman said the move to Indianapolis will help the company consolidate its operations and manage projects across the United States from a central location.
“Indianapolis offers us both the talent and location we need to expand our operations,” Kushman said in a prepared statement, noting the large presence of engineers and software developers in the city.
Blue Pillar’s software and hardware products help large-scale energy consumers such as hospitals and universities manage electricity use on their campuses and across multiple sites in different states. That’s particularly important for medical facilities that require capacity for backup power generation.
Duke University Medical Center, Baylor University Medical Center and Houston’s Methodist Hospital are among Blue Pillar’s current clients.
A spokesman for Blue Pillar said demand for so-called energy-asset management products has grown as energy costs have increased and users have relied on them more heavily to control costs. The company is the maker of Avise emergency power-management software.