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October 28, 2009

Anonymous The Kokomo Tribune Wed Oct 28, 2009, 05:19 PM EDT

Gov. Mitch Daniels visited Inventrek Technology Park Wednesday for a jobs announcement. Zuna Infotech, a provider of computer services and engineering in information technology, is setting up headquarters in Kokomo.

Daniels acknowledged it was the first time since the start of the Great Recession that he has made such a visit in the City of Firsts. In the past four years, state officials have had about 500 occasions to announce new jobs, but none here.

“If ever a community deserved good economic news, Kokomo does,” he said.

Zuna will offer technology and business services that are often outsourced to other countries, according to the Indiana Economic Development Corp. The company plans services in product engineering, information technology and research on security, health care and technical support.

IEDC is offering Zuna up to $1.16 million in performance-based tax credits and another $145,000 in training grants. The incentives are tied to the company’s job creation.

It plans to hire 400 workers by 2012.

Daniels said Zuna considered Lafayette and Indianapolis for its operation base. Company CEO Anju Bajaj said in a press statement prior to the announcement that the company is excited about its new hometown.

“We are very impressed with the enthusiasm and commitment demonstrated by everyone we’ve worked with and look forward to becoming part of Kokomo’s long-standing tradition of innovation and firsts,” Bajaj said.

Zuna will set up shop at Inventrek as it looks for a site in which to expand. We wish the company complete success, and encourage its officers to get involved in the community – and spread the word that Kokomo is fine place to do business.

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