TechSmith Corp will invest more than $18 million to build a new world headquarters in the Michigan State University Corporate Research Park located within the Lansing Regional SmartZone. The project is expected to create at least 105 new jobs, including 75 or more directly by the company.

A state tax credit valued at $1.2 million over 10 years helped convince the company to locate its new headquarters in Michigan over a competing site in Indiana.

In addition to making space available within its SmartZone, the city of Lansing has proposed a 12-year tax abatement valued at $693,000 to support the project.

“Through the support of MEDC and the city of Lansing, we are committed to continue growing TechSmith and expanding our regional presence with a new state-of the-art facility,” said William Hamilton, president and founder of TechSmith. “Being located in the SmartZone is a great opportunity for TechSmith and presents great potential for our future growth and collaboration in this region where our employees both live and work.”

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