CARMEL, Ind. (March 10, 2016) – Blue Horseshoe Solutions, a global software firm specializing in supply chain and logistics solutions, announced plans today to expand its operations here, moving into a new corporate headquarters along the U.S. 31 corridor and creating up to 70 new high-wage jobs by 2020.
The company, which specializes in supply chain logistics, will invest $3.5 million to increase its corporate headquarters space by 11,000 square feet in order to accommodate its growing workforce. Currently operating at 11590 N. Meridian St., Blue Horseshoe will move its operations to a new 50,000-square-foot building at 11939 N. Meridian St. at the Old Meridian St. exit. Blue Horseshoe’s headquarters will occupy approximately half of the new facility, which is expected to be completed in early 2017.
“Indiana’s business climate and skilled workforce are encouraging significant growth in the tech industry, and I’m proud that Blue Horseshoe is continuing that trend by choosing to expand its headquarters in the Hoosier State,” said Governor Mike Pence. “Last year, the state’s economic development projects within the tech industry increased by 156 percent, with 59 companies committing to create 4,622 high-wage jobs in the coming years. Today’s news is yet another step forward as we work to ensure quality employment for all Hoosiers.”
Blue Horseshoe, which was founded in 2001, got its start serving software needs for warehousing, supply chain and distribution centric customers. Since then, the company has implemented hundreds of enterprise and supply chain systems for customers in food and beverage, transportation, oil and gas, and retail industries. The company currently employs about 200 associates across its offices in Carmel; Denver; Charlotte, North Carolina; Columbus, Ohio; and its latest office in Amsterdam, which opened last year to serve a growing European market.
With 95 full-time employees in Indiana, Blue Horseshoe plans to begin hiring for software consultants and developers in the next two months. New positions are expected to offer salaries more than double the state’s average wage. Interested applicants can learn more and apply online.
“We are excited to be making this historic move,” said Chris Cason, president of Blue Horseshoe. “In an industry like ours, we had choices among other cities and states, but we felt it was important to stay in Indiana, particularly Carmel, where we enjoy a strategic location, solid business environment and a quality of life that helps us attract and keep employees. In our business, we need to remain competitive and with the news we are announcing today, we feel we can continue to grow and succeed.”
Blue Horseshoe also offers enterprise and supply chain solutions as well as management and strategic consulting to more than 500 customers across the world. According to the Indianapolis Business Journal, the company ranks among the Indianapolis area’s largest software developers and largest computer consulting companies. Blue Horseshoe was named one of America’s Fastest-Growing Private Companies by Inc. in 2012, was recognized as an Indiana Company to Watch by the Indiana Small Business Development Center in 2010, and was recently selected as a member to the Microsoft Dynamics Inner Circle, which represents the top 1 percent of Microsoft Partners Worldwide. The company was also recently named as one of the best places to work in Indiana by the Indiana Chamber of Commerce.
“We are very excited to join in congratulating Blue Horseshoe today for their continued success in supply chain logistics and software development,” said Carmel Mayor James Brainard. “They are one of our city’s shining high-tech stars, with roots as a small firm established right here in Carmel and now growing into a major international company. Today’s news is a testament that Carmel is a great place to start a business, attract a high quality workforce and experience tremendous growth.”
The Indiana Economic Development Corporation offered Blue Horseshoe Solutions Inc. up to $1,125,000 in conditional tax credits and up to $75,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Carmel will consider additional incentives.
Today’s news comes on the heels of recent national recognition for the tech industry in Central Indiana. DataFox ranks the metro as the No. 2 city in the nation for tech grads, while Fast Company ranks the Indianapolis area as the fifth best city in the U.S. for women in tech and the sixth best place in the nation for tech jobs.