A site at Purdue Research Park is to be Indy Audio Labs’ new headquarters and will soon accommodate employees with a variety of expertise, including engineering, sales and administration.
Several hundred new members of staff will be based at the Indianapolis office space, with ambitious targets already being set in terms of production and revenue growth in 2011.
The opening of a new headquarters by the self-proclaimed “in-home electronics specialist” was enabled in part by a new funding deal agreed upon in recent months and worth $600,000 to the company.
“Based on the demand we’re experiencing, we expect a large part of our revenue will come from exporting Indiana-manufactured, high-technology products to our overseas customers,” explained Indy Audio’s co-founder and chief executive Rick Santiago.
“Our new headquarters will be equipped with multiple electronics labs, office space and administration space, as well as the shared infrastructure provided by the park,” he added.
Much of the overseas demand for US goods referred to by Mr Santiago is coming from China, where more and more export-led American businesses are beginning to operate.
Earlier this week, the Florida-based environmental technology firm RGF revealed that it has opened an area of office space in Beijing with a view to meeting demand for its products and services in Asia.
Editor’s notes: In 2021, IAL debuted its ASPEQT proprietary room correction product.
As of May 2023, IAL listed 5225 Exploration Drive in Indianapolis as its headquarters on its Linkedin company page.