McGuire Sponsel’s Location Advisory team worked with Evolve Transporters to support their $39 million investment in Indiana.
Join us for the State of Specialty Tax Webinar Series, designed to equip CPAs and real estate professionals with the knowledge and strategies needed to navigate the complexities of tax year 2024 and beyond.
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Choosing the right site for your client’s business is crucial for investors seeking to establish a new location or expand existing operations in the United States
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Tim LeMasters and TJ Sponsel dive into the latest growth strategies and opportunities across all areas of specialty tax. As we approach tax planning season, this session will provide you with insider knowledge on how to maximize credits, deductions, and incentives for your clients or business.
As of June 2024, vacancy rates for office buildings in the United States averaged 18.1%, up from just 11.4% as of December 2019 and just 10% in downtown areas. We have heard this trend of businesses vacating their main offices for remote work or downsizing into the suburbs for hybrid options for a few years now and know it can lead to several problems.
Join McGuire Sponsel’s Location Advisory team as they discuss how administration changes affect incentive policy and which programs may or may not continue pending election results.
In this episode of Let’s Talk Tax, host Justin Gephart discusses site selection and its crucial role in business growth with guest Ben Worrell, a principal in McGuire Sponsel’s Location Advisory Services.
Evolve Transporters to Relocate Headquarters and Manufacturing Facilities to Noblesville, Indiana
Noblesville, IN – Evolve Transporters, a leader in designing and manufacturing custom transport solutions for the motorsports industry, has announced plans to relocate its headquarters and manufacturing facilities from Painesville, OH, to Noblesville’s Washington Business Park. The $39 million investment will create 210 new jobs. Construction of a 250,000-square-foot facility is set to begin in April 2025 and be completed in 2026.
Evolve Transporters, founded in 2019 with roots dating back to 1981, is known for its high-end, customizable trailer transporters. The move to Noblesville marks a significant milestone as the city’s first motorsports-related company and positions the city as a destination for the motorsports industry.
Manager on McGuire Sponsel’s Location Advisory Services team, commented, “It has been a pleasure to support this exciting project. I want to thank the Noblesville Economic Development Team and the Indiana Economic Development Corporation for their collaboration and support for Evolve Transporters. I’m confident that Brad Kossow and his team will be a tremendous addition to Central Indiana, and I look forward to seeing the continued success of their growth in this thriving community.”
“The City of Noblesville and Evolve Transporters share a common set of values that promote innovation and forward thinking, and I know they will be an asset to our community. This development highlights our state’s deep connection to racing and its potential to attract industry leaders and talent,” said Noblesville Mayor Chris Jensen. “The Evolve Transporters HQ relocation is a significant announcement for our region and workforce.”
With its prime location and easy access to major highways, Washington Business Park offers an ideal setting for both corporate headquarters and advanced manufacturing.
As a Shareholder for McGuire Sponsel’s Location Advisory practice, Ben Worrell fosters client relationships by guiding clients through the intricate compliance requirements associated with credits and incentives benefits.
Ben builds confidence in the McGuire Sponsel client relationship by working with clients throughout the duration of their project – not just in a one-off transaction.