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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based Angie’s List Inc. said Tuesday morning that it will nearly double its workforce within the next five years by adding 850 jobs and investing about $1 million in its near-east side campus.
The pledge from the provider of online consumer reviews came as part of a larger announcement by the Indiana Economic Development Corp., in which nine companies operating within the state said they will add a total of 2,550 jobs by 2018.
The announcement included three other metropolitan-area companies:
—ExactTarget Inc., an e-mail marketer, plans to invest $55 million in equipment and real estate to expand its Indianapolis operations over the next five years, creating up to 500 jobs by 2018.
—BidPal Inc. said it will invest $3.5 million to expand its existing office space on the north side of the city, creating up to 172 jobs by 2017. BidPal uses handheld devices to wirelessly automate auction bidding, donations and payments for fundraising events.
—Mitsubishi Engine North America plans to invest $10.8 million to locate its first plan on its campus in Franklin, creating up to 73 jobs by 2016.
For Angie’s List, the commitment continues the company’s explosive growth. It’s grown to 1,000 employees within the past 18 months by adding 500 jobs since just August 2011.
As part of its $1 million expansion, IEDC said it will provide Angie’s List up to $7 million in performance-based tax credits and up to $200,000 in training grants based on the company’s job-creation plans.
Shares of publicly traded Angie's List were fetching $10.96 each early Tuesday afternoon, up .43 cents for the day.
IEDC will provide ExactTarget even more, up to $10 million in performance-based tax credits and up to $200,000 in training grants.
BidPal is set to receive nearly $2.2 million in performance-based tax credits from IEDC while Mitsubishi is in line for tax credits totaling $600,000 and training grants of $100,000.
The city of Indianapolis also will consider additional property tax abatements for BidPal.
Five other companies also made jobs announcements Tuesday:
—Elkhart-based Atwood Mobile Products said it will spend $5.9 million to consolidate manufacturing operations from Michigan and Tennessee to Indiana and create up to 132 jobs by 2015.
—Knoxville, Tenn.-based Brunswick, a manufacturer of pontoon boats, said it will expand its Fort Wayne operations by creating up to 200 jobs by early 2014.
—Phoenix-based Café Valley Inc., a producer of baked goods, said it will create up to 400 jobs in Marion by the end of 2018.
—Phoenix-based Inventure Foods Inc., a marketer and manufacturer of specialty food brands, said it will expand its Bluffton operations and create up to 80 jobs by 2015.
—Moorehead Communications Inc. in Marion, the largest Verizon Wireless retailer in the nation, said it will create up to 145 jobs by 2016.
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