Carrier Corp. said it plans to create 276 new jobs and invest $36.5 million to start a second production line at its plant on the far west side of Indianapolis.
The Farmington, Conn.-based company is requesting tax abatement from the city to help offset the cost of the investment. The Metropolitan Development Commission granted preliminary approval at its Wednesday afternoon meeting.
The new jobs should pay an average of $19 an hour and should be filled by the end of 2015, said Carrier, which will retain 1,450 additional jobs with the help of the abatement, it said.
The company said it already spent $32 million to upgrade equipment at the plant at 7310 W. Morris St. to produce high-efficiency furnaces.
Carrier employed as many as 2,000 people in Indianapolis in 2005 but began trimming its work force as the residential real estate market slumped.
Also, Enterprise Leasing Co. of Indianapolis LLC, an affiliate of St. Louis-based Enterprise Rent-A-Car, is seeking an abatement to help renovate a warehouse and office formerly used by National Car Rental at 7111 W. Washington St.
Enterprise expects to spend $2.1 million and move its administrative office from 9797 Enterprise Drive in Carmel. Fifty-seven employees will be relocated to the 25,000-square-foot building.