Terraboost Media, which places hand-sanitizer dispensers with poster-size advertisements in businesses, announced on Tuesday that’s it’s opening an Indianapolis office that’s expected to employ 150 by 2020.
The Indianapolis office will be the fourth in the United States for Miami-based Terraboost, which launched in 2006 and has 65,000 hand sanitizer stations with advertising in a range of locations, from Bed Bath & Beyond stores and airports to hospitals and shopping malls.
The fast-growing company, which currently employs 140, said it plans to invest more than $1 million to lease, equip and furnish an 8,000-square-foot office at 8604 Allisonville Road.
Terraboost plans to open its Indianapolis office by the end of this month. The location will house personnel back-office operations, marketing, sales, account management and customer service. The company said that in the future, it also will consider the area for distribution and manufacturing operations.
“While the data certainly supported the selection of Indianapolis, what impressed us the most was the caliber of the talent in Indiana, along with the humble attitudes and Midwestern values not found in other areas of the country,” Terraboost CEO Brian Morrison said in a written statement.
Morrison founded the company with his brother, Brett Morrison. Both are Indiana University graduates.
The Indiana Economic Development Corp. offered Terraboost up to $1 million in tax credits based on its job-creation plans. The credits are performance-based, meaning the company can’t claim them until workers are hired.