Medical Device Manufacturer Plans Expansion (OnlineTMD)
"From pharmaceutical to orthopedic leaders, Indiana's sound fiscal policies, low-tax structure, and talented workforce continue to be a catalyst of growth and success for life sciences companies like Micropulse," states Governor Mike Pence. "Indiana has developed a comprehensive formula of business-friendly and entrepreneur-friendly remedies that give companies in this sector a competitive edge and are further testament to the state's reputation as the orthopedics capital of the world."
The homegrown-Hoosier company develops and manufactures orthopedic instruments, implants and sterilization cases and trays, as well as incubates orthopedic startup companies in-house. The company will invest $14.3 million to equip and renovate its current 100,000ft2 facility in two phases through 2017. The project's first phase, which includes equipment installation, is expected to be complete by late next year.
By 2015, phase two of the project will commence, including a 60,000ft2 facility expansion and some renovation. The new expansion will house additional offices and precision machines and will accommodate growth of its core contract manuf...
