Preparing to celebrate its 60th Anniversary in 2022, ERMCO has steadily grown its staff to over 125 corporate employees and over 800 skilled trades employees nationally while strategically expanding services to better meet client needs. ERMCO will invest $18 million to build a major facility that will relocate 150 employees from the company's Indianapolis headquarters and house 20 new workers after outgrowing the existing facility.
The 205,220-square-foot facility, which will include 63,240 square feet of office space and 141,980 square feet for a shop facility, will be constructed on an 11.5-acre lot in the northwest corner of Main Street and Graham Road. Work should begin this fall and take about a year to complete.
According to ERMCO’s President and CEO, Greg Gossett, “The new headquarters building demonstrates a commitment to our clients, to our employees, and to our company’s future. We will continue to innovate with new technology, services and processes in order to improve the client experience. We are also committed to making ERMCO the best place to work and we are excited to give our employees an inspiring workplace with a new headquarters that feels like home to them.
ERMCO received approval of $1.5 million in real and personal property tax abatements from the Greenwood Common Council on May 3 following approval by the city’s Redevelopment Dommission in April.
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“We are proud to collaborate with ERMCO as they relocate their headquarters to Greenwood,” said Greenwood Mayor Mark W. Myers. “ERMCO has a long-standing history of success with businesses throughout the Hoosier state, and we look forward to sharing a continued path of growth.”
“We are delighted that ERMCO has chosen Greenwood as its new home, and we welcome its relocated employees to Johnson County,” said Aspire Economic Development + Chamber Alliance President and CEO Christian Maslowski. “And we were pleased to be able to collaborate with Greenwood Mayor Mark Myers and his team on this project.”
Maslowski said that ERMCO is a great example of the types of companies Aspire wants to attract to Johnson County – companies that fall within the advanced industries economic supersector. Companies in the advanced industries typically offer high-quality jobs and well-paid positions. He noted that ERMCO’s 150 relocated employees and its 20 new ones will work at the new Greenwood location, paying an average of $70,000 annually or $33.65 per hour. He noted that ERMCO is entirely employee-owned.
“This move helps advance the two targets of Johnson County’s 5-year economic strategic plan: by 2025, develop 50% more occupations in advanced industries in Johnson County and grow the average annual wage by 15% to the benefit of workers at all income levels,” Maslowski explained.
