Medical Company Moving into Miami County Shell Building

Posted: Updated:
Photo Courtesy of the Kokomo Tribune/Tim Bath Photo Courtesy of the Kokomo Tribune/Tim Bath

Hilo Property Development has announced plans to purchase a Miami county-owned shell building. The Kokomo Tribune reports more than $44 million will be invested into the facility to house a medical manufacturing company that officials say will employ around 40 people.

The company hasn't been named yet, but it is reported that operation could start in November. The move follows approval from the Miami County council of $2.75 million in funding to build the shell building in 2015.

Hilo Property Development plans to purchase the facility in August, along with 20 acres of land for $2.775 million, according to the publication. The company says it plans to expand the existing facility by 30,000 square feet and construct areas for production, research, office and shipping and receiving.

Jim Tidd, executive director of the Miami County Economic Development Authority told the publication the building is a good fit for the company because it could be expanded easily, is near major highways and has access to the runway at Grissom Air Reserve Base.

“They’re excited as much as we are about the potential of the shell building and what it has to offer,” he told the publication.

To read the full story from the Kokomo Tribune, click here

  • Perspectives

    • How to Find a New Audience After Hitting a Marketing Plateau

      It may sound like a marketer’s dream scenario: efforts have proven to be so successful it appears a company has completely saturated their target audience. While it may be a good problem to have, it still may be a problem. Hitting a marketing plateau is an opportunity for companies in any industry to reevaluate, re-energize and come to the table with new ideas for better understanding existing customers and engaging new audiences.



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


  • Most Popular Stories

    • (photo courtesy of WTHR-TV)

      Andrew Luck Retiring from NFL

      In a shocking development following the Indianapolis Colts' preseason loss to the Chicago Bears, quarterback Andrew Luck has announced his retirement from the NFL. Luck, who did not play in Saturday's game, said the number of injuries he has suffered throughout his professional career "has taken my joy of this game away." Luck teared up during a news conference in which he made his announcement. "After 2016 where I played in pain and was unable to regularly...

    • Shaina Keck

      Pier 48 Manager Named

      FK Restaurant Group has named Shaina Keck sales and banquet manager for Pier 48 Fish House and Bar in downtown Indianapolis. She previously served in sales at Kilroy's Bar & Grill. Keck is a graduate of Indiana University Kelly School of Business with a bachelor of science degree in finance and accounting with a concentration in international studies.  
    • (image courtesy of The Times of Northwest Indiana)

      Crews Start Demolition of Carson's in Hammond

      The face of downtown retail in Hammond is changing once again with the demolition of Carson’s department store, the one-time the anchor of Woodmar Mall. Our partners at The Times of Northwest Indiana report excavating crews have started to demolish the last vestige of the shopping center which stood since the 1950s. 

    • Julie Bondy Roberts

      How Barry Manilow Can Help Tame Your LinkedIn Stage Fright

      My former co-work, Rita, loved Barry Manilow.  She often wore a T-shirt that said, “Never Underestimate the Power of a Barry Manilow Song.” She loved him so much that in one week, she saw him once in Indianapolis and the following weekend she drove up to Chicago to see him. She was our receptionist – and I guarantee you she ate Ramen noodles for a few days to make those two concerts happen. 

    • (Image courtesy of Northern Indiana Commuter Transportation District)

      Michigan City Commits $12M to South Shore Track Project

      The Michigan City Common Council has formally committed to contribute $12 million towards the proposed $416 million Double Track project for the South Shore commuter line. Our partners at The Times of Northwest Indiana report the council voted unanimously to pay $7 million upfront and finance the remaining $5 million through a 20-year bond issue.