Human resources and corporate benefits firm Tilson plans to expand its headquarters in Greenwood and create as many as 245 jobs by 2020, the company announced Wednesday.
The firm intends to invest $1.5 million to renovate and expand its 20,000-square-foot headquarters at 1530 American Way in Greenwood, northwest of the intersection of Interstate 65 and East Main Street. The expansion of the Tilson-owned building will entail adding 10,000 square feet, as well as upgrading its systems and technology infrastructure.
In addition, Tilson will be scoping sites for another 40,000-square-foot building to accommodate employee growth, founder and CEO Brent Tilson told IBJ.
Founded in 1995 in Greenwood, the firm currently employs about 70 people. It expects to begin hiring personnel for positions across the company this summer, including for payroll, IT, support and management jobs. The average wage of the new jobs will be $16.85, CEO Tilson said.
The firm recently has seen significant growth in both its number of clients and the size of its clients, Tilson said. Increasing complexity of employee-related requirements, such as those for the Affordable Care Act, are driving firms to independent providers of human resource services.
The Indiana Economic Development Corp. has offered the firm $1.5 million in tax credits and up to $100,000 in training grants based on the company’s job creation plans. The incentives are performance-based, meaning they cannot be claimed until workers are hired.
The city of Greenwood is considering additional incentives,Tilson said.