A 4-year-old Columbus-based logistics firm plans to expand its headquarters and more than triple its employee base by 2020, state officials announced Monday.
TPS Industrial Services intends to spend nearly $3.5 million over the next two years to construct a new headquarters in Bartholomew County, according to the Indiana Economic Development Corp. It also plans to buy additional trucks and trailers.
The new headquarters will be about 50,000 square feet. TPS, which is currently located in leased space at 3622 S. 650 East, has not yet finalized a location.
Established in 2013 with a single truck and driver, TPS currently employs 15 full-time workers. The firm offers transportation management and distribution and fulfillment services to more than a dozen clients, including Celadon Group Inc., Con-way Inc. and Sunright America.
Under its plans for expansion, TPS pledged to state officials to hire up to 61 workers by 2020—four of which are already in its current headcount. It intends to immediately hire four more full-timers and then begin hiring CDL drivers, dispatchers and sales executives in the next six months.
IEDC has offered TPS as much as $500,000 in conditional tax credits and $40,000 in training grants based on the firm’s job creation plans. The tax credits are performance-based, meaning they cannot be claimed until workers are hired.
A woman- and minority-owned business, TPS was founded by Telma Santana, a native of Brazil who moved to Indiana in 2012 when her husband pursued a professional opportunity with Columbus-based engine-maker Cummins Inc.
"We are proud to be an Indiana-based company here in the crossroads of America and the headquarters of the best diesel engine manufacturer in the world," Santana said in prepared remarks.