The Dublin-based employee-owned data management company plans to add 65 jobs as part of an expansion driven by demand for its services, the company said.
The Ohio Tax Credit Authority on Monday approved state tax incentives for Infoverity’s project. Infoverity has committed to investing $1.7 million in new technology development and workforce training as part of the project.
According to the Ohio Department of Development, the investment value of this tax credit is $844,500.
The average wage for the new jobs is $107,000. The company will also retain 165 jobs with a payroll of $15 million.
Infoverity works with companies in retail, healthcare, advanced manufacturing, and other sectors with tools to help manage and interpret data.
“We are especially proud that, as employee-owned, we were able to leverage our capabilities to the point where this expansion was possible,” Steve Ruff, the company’s president, said in a statement. “More than 10 years ago, we established our home here in Dublin, and this expansion confirms the success we are seeing here in the Columbus area.”
Last year, Infoverity was named to Inc.’s 5000 Fastest Growing Companies list, and the company’s revenue has increased 118% over the past three years.
mawilliams@dispatch.com
@BizMarkWilliams
