Indianapolis – Governor Mitch Daniels joined executives of racing bike component maker, Zipp Speed Weaponry, to announce that the company will expand its design and manufacturing operations here, creating 105 new jobs by 2013. The company, which designs and manufactures wheels, bars and accessories for racing bicycles, will invest $12.4 million to construct a new 70,000 square-foot manufacturing and customer service center on the city’s northwest side.

FairWinds Advisors was hired for site selection, incentive procurement and fulfillment services.