GLOBAL LANGUAGE COMPANY GROWING IN INDY
INDIANAPOLIS (Aug. 22, 2013) – Language Training Center (LTC), a full service language training provider, announced plans today to expand its operations here, creating up to 26 new jobs by 2017.
The Indianapolis-headquartered company, which also has an office in Shanghai, China, will invest $1.5 million to renovate and expand its existing facility by 3,500 square feet. Providing language training, translation, interpreting, cross cultural training, repatriation and language assessment services, the expansion will allow the company to support new clients and expand its services.
STATE OFFICIAL QUOTE
LTC, which currently has 19 full-time employees in Indiana, plans to immediately begin hiring for an American Sign Language Interpreting Specialist, Linguists for ESL instruction, Translators, Interpreters, and Office Manager, and Client Service Managers. Interested applicants can apply by emailing email@example.com.
“LTC is excited to continue growing our footprint in Indiana,” said Martin George, CEO of LTC. “LTC provided language services in over 120 languages in Indiana last year alone. Utilizing a diverse workforce and providing language services from Indiana has proven to be an effective model that we look forward to continuing for years to come.”
Established in 1993, LTC serves companies’ language training needs in preparing for globalization through its language and cultural training, translation and interpreting services. Offering services in over 120 languages, the company serves companies across the country and around the globe such as the NCAA, IndyCar and WWE. Not only has LTC been on the 2011 Indiana Companies to Watch list, LTC has also been named to the Inc. 5000 list for the past two years.
The Indiana Economic Development Corporation offered Language Training Center up to $165,000 in conditional tax credits and up to $60,000 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 Indianapolis approved additional tax abatement at the request of
LOCAL OFFICIAL QUOTE
Indiana is home to more than 700 international companies, including Rolls-Royce, Bosch, Evonik, Arcelor Mittal, Siemens, Roche Diagnostics and Nestle. Setting a record high for the state in 2012 by exporting a total of $34.4 billion, Indiana is the only U.S. stat that is home to four international OEM automotive companies, Subaru, Toyota, Honda and Fiat.
Headquartered in Indianapolis, Indiana, Language Training Center, Inc. is a full service language company providing state-of-the-art language solutions for local and national companies, organizations, government agencies, and individuals since 1993. LTC provides language training, cross cultural training, interpretation, translation, repatriation, language assessments, and interpreter training. LTC has gained a reputation for high-quality, customized services provided through long-term relationship, having some of the same clients for 20 years. Find out more by visiting their website at www.languagetrainingcenter.com.
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.
The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.