How Many Companies are Investing in Right to Work Indiana?

Four companies are investing soon in Right to Work Indiana. These include 20/20 Custom Molded Plastics, Five Below, EverQuote, and Innovatemap.

20/20 Custom Molded Plastics will be expanding in Bluffton while Five Below will be expanding in Shelby County. Meanwhile, EverQuote will be expanding in Evansville. And lastly, Innovatemap will be adding a new location in Indianapolis.

Altogether, these businesses will create 715 new jobs across the state. So this is good news for Indiana’s economy! It also goes to show how Right to Work states support business and economy growth.

Read on to find out more about each of these investments!

20/20 Custom Molded Plastics:

20/20 Custom Molded Plastics is expanding soon in Right to Work Bluffton, Indiana with a $12.8 million investment. This will create 125 new jobs!

“These changes will undoubtedly bring new opportunities for our customers in terms of their own needs, product development and manufacturing flexibility.” […]

“Indiana’s advanced manufacturing workforce will continue to be a key asset for this growing company.[ 20/20 Custom Molded Plastics’ ]commitment to Indiana is a testament to our business-friendly environment, and we look forward to supporting them as they grow their manufacturing operations and create more quality career opportunities for Hoosiers.”

AREA DEVELOPMENT MAGAZINE

Five Below:

Five Below is adding a new distribution center in Right to Work Shelby County, Indiana with a $100 million investment. This will also create 470 new jobs!

“Five Below strives to offer the best products, at an unbeatable value, to more customers every single day. […] This can be achieved with continued distribution expansion. Ship Center Indiana is going to be an incredible facility filled with state-of-the-art technology, and great for boosting the local economy by creating jobs. Our new Ship Crew will help us continue to deliver the best retail experience out there! We’re so proud of this company milestone.” […]

AREA DEVELOPMENT MAGAZINE

EverQuote:

EverQuote, an online insurance marketplace, is expanding in Right to Work Evansville, Indiana. This will create 105 new jobs for those in the area!

“We have been thrilled to welcome Crosspointe to EverQuote. […] Our shared passion for innovation and cultural roots in bootstrapping, heart, tenacity and data-driven optimization have been evident since the acquisition. We’ve been consistently impressed with the caliber of talent in the Indiana market and are confident that deepening our commitment to Indiana will help us achieve our ambitious growth plans for our direct-to-consumer agency business.”

AREA DEVELOPMENT MAGAZINE

Innovatemap:

Innovatemap is investing $938,000 toward an expansion in Right to Work Indianapolis, Indiana, which will create 15 new, high-paying jobs!

“The Midwest ecosystem is in alignment with our business and our values. […] It’s the most advantageous place for us to build our team and deliver our services.” […]

“We’re excited about the growth of Innovatemap, especially as it brings new high-wage jobs to our city. […] This announcement is yet another indicator that Indianapolis has a strong entrepreneurial ecosystem for founders to create and expand their business.”

AREA DEVELOPMENT MAGAZINE

To read the previous update on economic development in Right to Work Indiana, click here.

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