Defense Contractor Plans Upgrades, 20 New Jobs

Defense Contractor Plans Upgrades, 20 New Jobs

Artisan Electronics, a small business specializing in engineering, technical, and IT and cybersecurity services for the defense industry, announced plans to expand its operations in south central Indiana, creating up to 20 new, high-wage jobs by the end of 2023.

“Artisan Electronics’ decision to expand in Indiana continues a rising trend of defense contractors choosing our state for growth,” said Indiana Secretary of Commerce Jim Schellinger. “With an extensive network of defense assets, paired with the state’s business-friendly environment and skilled workforce, Indiana is the perfect place for Artisan Electronics to scale its operations and deliver critical support services to the defense industry. We’re excited to support the company’s continued growth and success in Daviess County.”

The Odon-based company will invest $350,000 to enhance its 10,000-square-foot headquarters at the WestGate@Crane Technology Park at 14359 Schonberger Dr., making office improvements and new computer and software investments. These upgrades, which the company expects to complete by 2023, will enable Artisan Electronics to increase its technical capabilities for key U.S. defense organizations such as Naval Air Systems Command, U.S Department of Defense (DoD) and Naval Sea Systems Command, including Naval Surface Warfare Center (NSWC) Crane Division.

Artisan Electronics is growing its team of 50 employees to meet increased demand for its military and commercial support services. The company, which was named a 2020 Best Place to Work in Indiana by the Indiana Chamber of Commerce in the small employer category, plans to begin hiring later this year for engineers, technicians and IT professionals.

“We’re excited to offer more opportunities for exceptional people to build a rewarding career here in southern Indiana,” said Greg Sapp, vice president of Artisan Electronics. “The support of Radius, Daviess County Economic Development Foundation and the IEDC has been phenomenal, and we’re looking forward to continuing to grow and add value to our DoD clients with their help.”

Artisan Electronics was founded by Greg Gossett in 1996 to provide engineering, technical and IT support to NSWC Crane. Due to increased contracting opportunities, the company expanded in 2010 to the WestGate@Crane Technology Park, one of more than 20 locations to receive a Certified Technology Park designation from the Indiana Economic Development Corporation (IEDC). Today, Artisan Electronics continues to offer innovative solutions to complex DoD projects by providing technical ability, dependability and applied creativity.

“We’re very pleased to see the continued success at Artisan Electronics and our local leaders are committed to supporting their growth,” said Michael Taylor, Daviess County commissioner and Daviess County Economic Development Corporation board member.  “Companies like Artisan are a very important part of the strong business base we have here in Daviess County, and we appreciate them for their decision to keep investing locally and for creating new, highly-skilled job opportunities at WestGate.”

The company also received assistance from the Indiana Procurement Technical Assistance Center (Indiana PTAC), which is committed to helping Indiana companies compete for and win federal, state and local contracts. In partnership with the IEDC, Indiana PTAC offers free, one-on-one counseling, resources and training for businesses across the state. So far in 2020, Indiana PTAC counselors have registered 233 new clients and helped secure more than $172 million in contracts that allowed businesses to create 172 new jobs for Hoosiers.

The IEDC offered Artisan Electronics up to $325,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. Radius Indiana’s Regional Impact Fund will provide a $3,625 grant to expand the company’s workforce training and internship program. The Daviess County Economic Development Foundation will provide an additional $1,000 in matching funds to supplement the Regional Impact Fund grant.

In 2019, Governor Eric J. Holcomb announced a comprehensive realignment of Indiana’s defense development efforts, advancing a more collaborative and strategic approach to targeting sector growth and job creation by creating a new business unit under the IEDC. Additionally, Gov. Holcomb made defense development a key priority of his 2020 Next Level Agenda, identifying goals to triple federal defense investment in Indiana by 2025. With these efforts, Indiana aims to add to a growing list of defense contractors like Artisan Electronics that are choosing to launch and expand their operations in the state.

Category Business Buzz