INDIANAPOLIS (Inside INdiana Business) — Indianapolis-based Advanced Agrilytics Holdings LLC is planning to expand its Hoosier operations. The agronomic tech company, which established its Indy headquarters earlier this year, says it will create up to 74 jobs in Indiana by the end of 2024.
Advanced Agrilytics says it provides independent precision farming advice to row-crop growers, helping them “interpret agronomic data and manage inputs and practices effectively to dramatically increase yields.”
The company currently employs more than 60 people at its Indianapolis, Huntington and Midwest field locations. Among the new Indianapolis jobs to be filled are marketing, agronomy, data science, software development and technical management positions.
The company says it has already hired 14 remote and Indianapolis-based employees toward its goal.
Kay Kuenker, chief executive officer of Advanced Agrilytics, says the company’s employee base has grown more than five times since it received an equity growth investment in 2019 from California-based Paine Schwartz Partners. She says much of that growth is, and will continue to be, in Indiana.
“We welcome the addition of dozens of new jobs to Indianapolis, with a headquarters well-placed to serve farmers across our state,” Indianapolis Mayor Joe Hogsett said in a news release. “Today’s announcement with Advanced Agrilytics is yet another sign of our city’s position as a regional leader for starting and growing STEM-related businesses.”
The Indiana Economic Development Corp. has offered Advanced Agrilytics up to $1.2 million in conditional tax credits, which the company will not be eligible to claim until Hoosiers are hired for the new jobs.
In August, Kuenker appeared on the Ag+Bio+Science Podcast with AgriNovus Indiana to talk about the company’s unique approach to innovation, finding great talent as the company grows and taking on a leadership role at Advanced Agrilytics at the very start of COVID-19.