Over the course of 2010, Indiana drew investment commitments for more than 4,000 new jobs from new and existing life sciences firms, according to information released by the state.
Twenty life sciences companies told the state they plan future investments of more than $570 million and 4,071 jobs, the highest number of jobs and investment ever recorded for the industry by the state’s lead economic development agency.
“Not only is the volume of jobs and investment particularly strong, but life sciences jobs are typically high-wage, which is great news for Indiana workers throughout the state,” said Mitch Roob, secretary of commerce and chief executive officer of the Indiana Economic Development Corp.
The 2010 life sciences investment growth was anchored by Dow AgroSciences’ March announcement of plans to invest $343.9 million at its Indianapolis headquarters and create 577 new jobs by 2015.
Life Science Companies that Committed to Indiana in 2010
Company Name, City
Projected Jobs
Projected Investment
ACell, Inc., Lafayette
38
$745,424
Advantis Medical, Inc., Indianapolis
92
$5,600,000
American Institute of Toxicology, Inc., Indianapolis
160
$74,100,000
Arcadia Resources, Inc., Indianapolis
934
$3,900,000
Ascension Health, Inc., Indianapolis
500
$10,900,000
Beckman Coulter, Inc., Indianapolis
95
$18,200,000
Biomet, Warsaw
278
$26,000,000
Dow AgroSciences LLC, Indianapolis
577
$343,900,000
Evonik Degussa Corporation, Lafayette
650
N/A
In Touch Pharmaceuticals, Inc., Valparaiso
90
$2,200,000
Intensive Air, Inc., South Bend
150
$17,700,000
Iotron industries USA, Columbia City
20
$15,300,000
L.H. Medical Corporation, Ft. Wayne
65
$5,400,000
MED-1 Solutions, LLC, Greenwood
53
$4,400,000
Pharmaceutical Vessel Engineering, Sellersburg
22
$1,500,000
Rexam Consumer Plastics Inc., Franklin
46
$2,900,000
Stericycle, Indianapolis
109
$390,000
Theoris Group, Inc., Indianapolis
50
$985,800
Vortek Surgical, LLC, Brownsburg
72
$10,700,000
Zimmerman Biotechnologies, Greenwood
70
$28,400,000
Add Comment