Indianapolis – High-tech equipment designer Jarrett Engineering announced today it will expand its headquarters and engineering center in Indianapolis, creating nearly 40 new jobs by 2012. The company, which designs advanced manufacturing equipment and processes for manufacturers in the automotive, aerospace and pharmaceuticals industries, will invest more than $1.3 million to expand its engineering services and headquarters into an adjacent 7,000 square-feet of existing space at its 1011 North Pennsylvania Avenue facility.

FairWinds Advisors managed the procurement of economic development incentives in support of Jarrett Engineering’s expansion project and will assist the company with the fulfillment of the awards.