Two Companies Choose To Locate Headquarters Downtown
Gov. Steve Beshear joined local officials in announcing two companies that have chosen to relocate their headquarters in downtown Louisville from Indiana.
The companies are expected to add 100 “top-level” jobs, according to a press release sent out by the governor’s office.Indatus and sister company Mocura—both owned under ownership of ICIM Corporation—will relocate headquarters in a historic building on East Main Street, which previously housed the headquarters of Four Roses Bourbon.Indatus offers web-based solutions, according to the 22 company’s website. Mocura, a sister company of Indatus, offers market-ready and custom developed mobile applications as well as mobile device management, according to the company’s website.The building at 118 East Main Street is currently under renovation and is expected to be completed by late December 2013, according to a press release. The project includes refurbishing of 9,000 square feet on the first floor available for lease to retail or restaurant space, as well as renovating 9,000 square feet of basement space, the release said.Indatus CEO David Durik and his business partner call the relocation a homecoming and say the business actually started in Louisville when it first launched.“The company that we both run now also got its start back in Kentucky in really what was a broom closet on the corner of Eighth and Broadway two decades ago. So today’s announcement defines the next chapter of our company’s history," he said.Ted Smith, Louisville’s director of economic growth and innovation, attributes a city loan program that closes financial gaps for companies looking to locate in Louisville with helping Indatus and Mocura make their moves.In the last six months, two companies have used that program and one case was recognized by the White House for its financial innovation in local government.Smith said he expects up to four companies to use the gap loan program next year.Comments by Mayor Greg Fischer via the press release:“It’s great when Louisville and a company both benefit by moving its operations to Louisville and creating new jobs,” said Fischer. “It's even better when they decide to completely renovate and modernize an older building, augmenting our sustainability practices. Indatus and Mocura both will be meeting business technology demands in Louisville and around the country, and we look forward to working with them.”