469 New Jobs Expected to be Created in Fishers : Tax Credits for Republic Services to $20m Customer Resource Center in Indiana
Phoenix, Arizona based waste and recycling firm, Republic Services’ (NYSE: RSG) planned shared services centre in Fishers, Indiana could be eligible for up to $4.5 million in conditional tax credits based on the company's job creation plans.
As part off its plans Republic will invest $13.6 million to lease, renovate and equip a 68,000 square foot (6300 square metre), creating up to 469 new jobs by 2025.
According to the company’s fourth quarter and full year 2015 earnings call, the facility is one of three Customer Resource Centers to be established throughout the country to enhance support for Republic’s 31,000 employees and 15 million customers across 39 states.
“With the creation of the Republic Services Customer Resource Centers (CRCs), we are taking an important step toward transforming our customer experience and we believe Indiana is the right place to do just that,” commented Joe Burkel, senior vice president of customer experience of Republic Services.
“Placing our customers at the center of all we do is our top priority,” continued Burkel. “The state-of-the-art Fishers CRC will bring advanced technologies and additional professional customer service jobs to the community, and will allow Republic to focus on delivering consistent and superior service to our valued customers.”
The Indiana Economic Development Corporation (IEDC) explained that it offered Republic Services up to $4.5 million in conditional tax credits 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 Fishers will offer additional incentives.
“By locating in Concourse at Crosspoint along I-69, Republic Services has chosen an easily accessible, top-tier office space that will help attract a talented workforce and spur future development in the area,” commented Fishers Mayor, Scott Fadness.
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