INDIANAPOLIS -- An Indianapolis-based technology company announced Wednesday that it plans to expand its headquarters and create 118 new jobs by 2014.

BlueLock LLC, which provides managed information technology services and cloud computing, plans to invest more than $35 million to make improvements and upgrades to a 20,000-square-foot data center on Indianapolis' northwest side.

"It is so important that companies like BlueLock continue to develop technologies that allow others to grow and diversify the Indiana economy," said Gov. Mitch Daniels.

BlueLock, founded in 2006, currently has 30 workers in Indianapolis and plans to begin hiring almost immediately in the fields of engineering, operations, development and client services. The company said the average wage for the new positions will be more than $33 an hour.

"As cloud computing continues to gain market acceptance, we see a real opportunity to build upon our three-plus years of experience in the space, which is a lifetime in cloud years, and offer our clients best-in-class service and solutions," said John Qualls, president and chief executive officer of BlueLock.

BlueLock was offered up to $1.4 million in performance-based tax credits based on job creation plans.

More Info: BlueLock Web Site