Carmel will soon be home to the new headquarters and research and development building for BraunAbility, which designs and manufactures wheelchair accessible vehicles and wheelchair lifts.
Officials from BraunAbility, the Indiana Economic Development Corp. and the City of Carmel joined Lt. Gov. Suzanne Crouch to make the announcement Feb. 13 at Carmel City Hall.
The Winimac-based company will lease 18,000 square feet of office existing space at the Lakeside Green Business Center at the corner of Carmel Drive and Guilford Road and construct an adjacent 20,000-square-foot research and development building. The total project value is estimated at $7.5 million.
“At BraunAbility, our goal is improving independence and freedom for our customers — we change lives. Winamac, Indiana, is the birthplace of our company and will remain the heart and soul of the company as its primary manufacturing center. To support our continued expansion, we’re excited to announce Carmel as our new, global headquarters,” said Staci Kroon, president and CEO of BraunAbility. “The new facilities will be designed for collaboration and innovation and are key to our long-term recruitment and retention strategies.”
The new office is expected to open by June with the technology center expected to open in 2020.
The IEDC offered BraunAbility up to $1.3 million in conditional tax credits for the project, and the City of Carmel is offering tax abatements.
“We are thrilled that BraunAbility has chosen Carmel to build its new base of operation, joining our growing family of global corporate headquarters,” Carmel Mayor Jim Brainard stated in a press release. “Today’s announcement is good news for Carmel residents. Not only does private corporate investment keep our local property taxes among the lowest in Indiana, it also benefits our local small business owners.”
An estimated 68 new employees are expected to be hired at BraunAbility in Carmel in the next few years, with some existing workers expected to transfer to the new office. New jobs will include roles in accounting, engineering, finance, human resources and marketing. The company employees more than 1,200 people worldwide.