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NextGear Capital Celebrates Expansion of Carmel Headquarters with Ribbon Cutting Ceremony

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CARMEL, IN--March 4, 2013: NextGear Capital, Inc., the most comprehensive provider of lending products and support services for the automotive remarketing industry, held a ribbon-cutting ceremony to introduce the latest addition to their corporate campus. The expansion adds a second building to their Carmel operations to accommodate ongoing growth.

"We are extremely excited to be expanding our corporate campus in Carmel," said Brian Geitner, President of NextGear Capital. "We have seen solid growth in our customer base over the past couple of years, and this expansion will allow us to continue providing the solutions necessary to service our customers as they continue to grow their businesses."

With over 100 people in attendance, including state and local dignitaries, Geitner dedicated the new facility, bringing the company's total square footage to more than 80,000. He further excited the crowd with the announcement of plans to add an additional 225 jobs over the next 18 to 24 months. NextGear Capital currently employs 200 at their Carmel headquarters and more than 400 nationwide.

As keynote speaker, Indiana Gov. Mike Pence shared his excitement about the company's growth and what it means to the state of Indiana. "Indiana's business climate is a magnet for high-growth companies across the country," said Pence. "Our first-rate workforce, fiscal stability and low tax structure continue to position the Hoosier State for additional growth from well-respected firms like NextGear Capital. Indiana is open for business!"

Manheim President Sandy Schwartz and Carmel Mayor James Brainard spoke on what the expansion brings to the industry and the City of Carmel.