INSIDE INDIANA BUSINESS: Medical Device Company Details Expansion

2014-03-04T12:18:00Z 2014-03-04T14:28:17Z INSIDE INDIANA BUSINESS: Medical Device Company Details ExpansionGerry Dick Inside Indiana Business nwitimes.com
March 04, 2014 12:18 pm  • 

Whitley County-based Sites Medical LLC has announced plans to add nearly four dozen new workers by 2017 as part of an expansion. The medical device manufacturer intends to pump nearly $2 million into upgrades, new services and equipment at a Columbia City facility. Sites says the expansion will allow the company to add services including specialty testing and prototyping. Chief Executive Officer Greg Stalcup says Whitley County's "great culture and talented work force" have enabled the company to grow.

Stonegate Continues to Grow

Plans by Stonegate Mortgage Corp. to expand its central Indiana headquarters mark another chapter in the company's impressive growth story. It intends to invest more than $6 million in this project and add 400 workers by 2017. An expansion announcement in 2010 called for the creation of 300 jobs by 2015. Stonegate says it surpassed that total by the end of last year.

Archery and Tech Company Adding Jobs

A company that makes medical software and archery equipment is expanding in northeast Indiana. Technology Solutions Inc. has announced plans to invest nearly $2 million in a new facility in DeKalb County and add up to 26 jobs by 2016.

122nd Fighter Wing to Switch Aircraft

The 122nd Fighter Wing in Fort Wayne says it has been selected to house 18 F-16 Falcons. The aircraft will replace a fleet of A-10s, which are being cut in the Pentagon's proposed 2015 budget.

Commission Announces Bicentennial Projects

The Indiana Bicentennial Commission has unveiled its first officially-endorsed legacy projects. The efforts include an Abraham Lincoln discovery trail in Spencer County and renovations at the Indiana War Memorial Museum in Indianapolis.

SIA Secures Tax Incentives

The city of Lafayette has approved tax breaks for a planned expansion by Subaru of Indiana Automotive Inc. The company says the 10-year tax abatement will help maintain 900 jobs. WLFI-TV in West Lafayette reports SIA could also add 50 workers.

Unique Teaching Hotel Secures State Funding

The ARC of Indiana has announced a training institute and teaching hotel in Muncie will be branded as a Courtyard by Marriott. The first-of-its-kind project has secured a grant of up to $5 million through the Indiana Economic Development Corp.

Reid Hospital to Open New Orthopedic Facilities

A new facility is set to open within a week at the Reid Orthopedic Center in Richmond. The nearly $7 million project will bring orthopedic surgery and rehabilitation therapy services under one roof.

City Narrows Justice Center Developer List

The City of Indianapolis has announced three finalists to develop and operate a new Marion County Consolidated Justice Facility. The winning team is expected to be chosen later this year and construction could get underway early next year.

Anderson President to Retire

The president of Anderson University has announced plans to retire after the 2014-2015 academic year. James Edwards has led the university since 1990. The school says it will announce details of the transition process soon.

IMS Details 'Rev' Event

The Indianapolis Motor Speedway has unveiled more details about a new charity event. Rev, which will be held at the speedway in May, will feature racing-inspired food and reigning IndyCar Series Champion Scott Dixon.

Grant to Fund Math Education Study

An Indiana University assistant professor has landed a nearly $650,000 grant to study how middle school students learn math. Amy Hackenberg says her five-year study is designed to help teachers reach students with a wide variety of learning styles.

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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