California company's move to Carmel set to create nearly 700 new jobs
Plans to invest $10M to lease in Carmel
Last Updated: 105 days ago
INDIANAPOLIS - Indiana is planning to welcome a company to Carmel that’s moving all the way from San Diego – and bringing up to 675 jobs with it.
Gov. Mike Pence joined executives from American Specialty Health Incorporated (ASH), a health services company, Friday to announce the company's plans to move its corporate headquarters from San Diego to the Indianapolis suburb.
"As a state that works for business, successful companies from around the country are drawn to Indiana," said Pence. "By lowering taxes, increasing our infrastructure, training our workforce and limiting burdensome regulations, Indiana has proven it can create an environment where businesses can thrive and our economy can grow. I thank ASH for its confidence in Indiana and for creating more jobs for talented Hoosiers."
The move is slated to create nearly 700 jobs by 2016.
ASH, created in California more than 25 years ago, provides specialty health care management, population health and fitness programs for health plans, insurance carriers, employee groups and trust funds.
The company said it plans to invest $10 million to lease 72,693 square feet on four floors of the Hamilton Crossing III at 12800 N. Meridian St. in Carmel.
ASH said it will also lease an additional 16,362 square feet of office space at the Carmel Tech Center. The company is slated to hold a grand opening in June of next year at its Carmel office.
"We have selected Carmel as the site of our national corporate headquarters for a variety of reasons," said George DeVries, co-founder, chairman and chief executive officer of ASH. "First, ASH has grown from a California company into a national company, and Carmel provides a central location with proximity to our clients across the nation. Additionally, the state of Indiana has a strong business climate and the cost of doing business is lower. Also, the city of Carmel offers an affordable, family-oriented place for our employees to live and work, with a lower cost of housing and lower overall cost of living."
The move is part of the firm’s five-year plan to set up operations in three different regions. The company has also opened a Southlake, Texas, office and opened a health technology innovation center with the University of South Carolina’s Innovista incubator in Columbian, S.C.
ASH said it will maintain its office in San Diego.
This story will be updated.
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