Fishers, Ind. – The City of Fishers experienced near-record investments from firms in 2020 despite a well-documented slowdown in the economy. Nine companies selected Fishers to relocate to and five existing firms chose to expand operations in Fishers totaling 1,101 new jobs at an average salary of $83,022 and capital investments of more than $121 million. Fishers’ Class-A Office vacancy rate dropped nearly 5% to 11.7% over the course of the year.
“Today’s announcement speaks to the vibrancy and dynamic nature of Fishers’ economy. In a year when so many companies were experiencing slower growth, we are fortunate to have a business community that keeps innovating and driving toward growth even in the face of adversity.”
-Mayor Scott Fadness
In addition to traditional economic development growth, Mayor Fadness launched the Fishers COVID-19 Recovery Program in April 2020. As part of that program, the City of Fishers loaned $505,000 to 73 Fishers-based businesses to help cover operational costs as firms responded to business changes due to the pandemic.
Since Mayor Fadness took office in 2014, firms have added 7,135 new jobs, retained 1,045 jobs, and have committed to more than $905 million in capital investment to catalyze the Fishers economy.