Medical Device Company Building in Whitley County

Posted: Updated:
(photo courtesy Whitley County EDC) (photo courtesy Whitley County EDC)
COLUMBIA CITY -

A Tennessee-based medical device manufacturer has broken ground on a new research and development facility in Columbia City. The Whitley County Economic Development Corp. says the investment from Wright Medical Group N.V. will create up to 20 jobs. 

The project is estimated to cost more than $3 million. The new facility will be located in the Park 30 Business Center in the Whitley County city.

Wright Medical Group specializes in surgical solutions for the upper extremity, lower extremity, and biologics markets, which the Whitley County EDC says are three of the fastest-growing segments in orthopedics.

"We are truly pleased that Wright Medical has decided to construct its research and development facility along Orthopedic Alley here in Whitley County," said Jon Myers, president of the Whitley County EDC. "Given our growing number of suppliers to the medical device industry, we believe that our other companies will benefit from the local development of Wright’s cutting-edge technology."

The Indiana Economic Development Corp. is offering the company up to $260,000 in conditional tax credits and up to $40,000 in training grants. The Whitley County Council has approved a 10-year tax abatement for the project and the Whitley County Redevelopment Commission will provide funding for street improvements and the construction of a storm water retention pond in the area.

  • Perspectives

    • What Do Customers Really Think of You?

      Ask a business owner how her customers think about the services they receive or the products they use, and you’ll hear comments like "they love us." But when a third party asks those customers the same question, the results can be eye-opening. I recently shared the story about developing a customer profile for a professional services firm that was eager to grow but lacked useful marketing intelligence about the business it was already handling. We helped them...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Scotty's Brewhouse Files For Bankruptcy

      Indianapolis-based Scotty's Brewhouse has filed for Chapter 11 bankruptcy protection. The company says the decision was "driven largely by the challenges of some specific locations and was necessary because of the way the company was structured corporately." As a result of the deal, Scotty's will close four of its restaurants by the end of the year. In a news release provided to Inside INdiana Business...

    • Indy Chamber Unveils Legislative Priorities

      The Indy Chamber has released its legislative agenda ahead of the 2019 Indiana General Assembly. Priorities include early childhood education, hate crimes legislation and an increase to the state's cigarette tax.

    • Shelbyville to Debut Giant Sculpture

      Officials in Shelbyville will this evening unveil a new art installation in the city's downtown. The city says the four-story, $150,000 sculpture known as Blue River - Wind, Rain and Water anchors its ongoing commitment to public art.

    • Dept. of Labor Honors Eleven Fifty

      Fishers-based Eleven Fifty Academy says it is the first in Indiana and one of just a few in the nation to be recognized by the U.S. Department of labor as a registered software development apprenticeship program. The department is taking part in a ceremonial signing with the academy this morning at Eleven Fifty's headquarters in Launch Fishers. Founder Scott Jones says, with tens of thousands of tech jobs available in Indiana, the designation shows Eleven Fifty is...

    • Indy Airport to Introduce New Airline

      Indianapolis International Airport will today host an event to welcome a new airline. Airport officials say the provider will add more routes to IND's growing roster of options. Earlier this month, the airport reported record-breaking traffic in the third quarter. IND said the more than 2.4 million passengers that passed through the airport in the third quarter of 2018 marked an 8 percent year-to-date increase over last year and the best third quarter in the facility's history.