Communications Test Design, Inc., is expanding their global operations with a new location in Charlestown.
Charlestown, IN. (June 20, 2024)
Communications Test Design, Inc. (CTDI) is expanding into Charlestown, IN! The global company will open a new location at 1651 Penny Martin Lane, within River Ridge Commerce Center, in response to a growing customer base.
CTDI is a global leader in engineering, repair and logistics services that provides solutions to the communications industry. Customers of CTDI include major telecommunication carriers, cable service providers, and OEMs worldwide. CTDI has two business units: Networks & Cable and Mobility & Consumer Electronics. This new location, within the River Ridge Commerce Center, is expected to bring over 600 new jobs to the region.
“Southern Indiana is the perfect location for CTDI to find continued success,” said General Manager of Real Estate Toby Booker. “The surrounding areas have proven to be a great area for technology companies, and we look forward to building our workforce with steady, good paying positions. We invite all interested applicants to visit www.ctdi.com to learn more.”
Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment in CTDI of up to $4.75 million in the form of incentive-based tax credits. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired.
“Indiana’s economic momentum continues to build as companies like CTDI commit to growing and creating new jobs statewide,” said Ann Lathrop, chief strategy officer at the IEDC. “In today’s climate, speed is the new incentive, and mega sites like the River Ridge Commerce Center make investing easy, helping companies get up and running quickly. In addition to creating hundreds of new Hoosier jobs, CTDI’s expansion will accelerate further economic growth and community development in Charlestown and the surrounding southern Indiana region for years to come.”
“Charlestown celebrates CTDI’s continued success and growth in the community,” said Charlestown Mayor Treva Hodges. “Adding yet another global leader in our backyard only affirms the significant value our residents and community investments offer to companies looking to locate and expand operations in Southern Indiana.”
“We are excited for CTDI’s continued growth at River Ridge, and their commitment to the Southern Indiana region,” said River Ridge Development Authority Executive Director Jerry Acy. “CTDI‘s expansion further demonstrates the competitive advantages companies gain by doing business at River Ridge and highlights Southern Indiana’s growing reputation as the place to be within the tech community.”
“Communications and related infrastructure and capacity will continue to be critical to our economy, and having a global communications leader in Southern Indiana is very exciting,” said Lance Allison, president and CEO of One Southern Indiana. “Additionally, CTDI’s commitment to the community and local economy will have returns to our community for years to come.”
About CTDI
Founded in 1975, CTDI is a full-service, global engineering, repair and logistics company that provides best-cost solutions to the communications industry. CTDI provides a dynamic business model to global customers that is comprised of two business units (Networks & Cable and Mobility & Consumer Electronics) and nine divisions: Carrier Networks, Cable & Business, MSO Video & Broadband, OEMs, Product Supply, Carrier Mobility, ACE, MPS iOS and MPS Android. CTDI’s customers include the major telecom carriers, cable service providers, and major OEMs from around the world. Our corporate headquarters are in West Chester, PA, and we support an expanding customer base with over 20,000 associates in over 100 facilities worldwide.
About One Southern Indiana
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana / Louisville metro area via the three pillars of Business Resources, Economic Development, and Advocacy. For more information on One Southern Indiana, visit www.1si.org.