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updated: 3/18/2013 1:52 PM

Geico expands in Ind., plans 1,200 jobs in Carmel

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Associated Press

INDIANAPOLIS -- Geico is announcing plans to bring 1,200 jobs to Indiana and pump millions of dollars into developing a campus just north of Indianapolis.

The Washington, D.C.-based insurance company plans to equip a 109,000 square-foot customer service center in Carmel. Geico Chairman Tony Nicely and Gov. Mike Pence announced the plans Monday at the Carmel site.

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The Indiana Economic Development Corp. is offering $10 million in conditional tax credits and $400,000 in training grants if Geico can show it filled the jobs as promised.

The Carmel operation is expected to open by late April.

Pence said the company was drawn to Indiana by the state's conservative fiscal policies. Nicely said the company was attracted by central Indiana's quality workforce.

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