City Of Fishers Announces New Jobs, Wraps Up Record Economic Year

FISHERS, IN – The City of Fishers announced today a record year for economic development, according to a release. In 2017, firms committed $64.5 million in capital investment and 2,185 new jobs, the city says. In addition to these details, the city says several Fishers-based companies announced growth plans in the tech and engineering industries, which will create 511 new jobs through 2021.

“The type of economic growth we’re seeing in Fishers is the result of the intentional vision to make Fishers a smart, vibrant, and entrepreneurial community,” said Fishers Mayor Scott Fadness, in a release. “To see the numbers of homegrown and Fishers-based companies being celebrated today shows that the momentum of initiatives such as Launch Fishers and the upcoming Fishers IoT Lab are critical to the future of entrepreneurship and economic growth for our city. These companies announced today come alongside the more than dozen companies whose growth we celebrated this year.”

The city adds most new job growth came from Fishers-based or Fishers-grown companies, through an open and supportive city business climate.

According to a release, the total average wage for all new jobs announced in 2017 was above the county average at around $66,000.

The “entrepreneurial spirit” of Fishers was identified as one of the top reasons for the community to be named the best place to live in America by Money Magazine in 2017.

According to the city, companies that announced growth plans include:

• Fishers-based Aggressively Organic
• Fishers-based BrainForest
• Clarke Solutions
• Complete Structural Consulting (CSC)
• In Search of Technology

The city notes the Indiana Economic Development Corp. (IEDC) offered conditional tax credits based on the companies' job creation plans, and are performance-based, meaning until Hoosiers are hired, the company isn't eligible to claim these incentives.

“We have seen tremendous momentum in economic development this year as companies across the state are committing to locate or grow their operations in Indiana,” said Indiana Secretary of Commerce Jim Schellinger, in a release. “Businesses both large and small are choosing to create jobs in Indiana because we have worked collaboratively with communities across the state like Fishers to build a pro-growth business environment. We look forward to watching companies like Aggressively Organic, BrainForest, Clarke Engineering, Complete Structural Consulting and In Search of Technology expand and find success here in the Hoosier state.”

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