>>GERRY: HERE'S WHAT'S MAKINGNEWS AROUND INDIANA BROUGHT TOYOU BY SMITHVILLE...GARY IS THROWING ITS HAT INTO
THE RING FOR THE SECOND AMAZONHEADQUARTERS.MAYOR KAREN FREEMAN-WILSON SAYSSHE EXPECTS TO HEAR FROM AMAZON
CEO JEFF BEZOS AFTER HER CITYTOOK OUT AN AD IN THE NEW YORKTIMES APPEALING TO THE ONLINEMARKETPLACE MOGUL TO CONSIDER
THE LAKE COUNTY CITY.BLOOMINGTON-BASED COOK GROUPSAYS AN AGREEMENT TO SELL ITSCOOK PHARMICA UNIT FOR NEARLY $1
BILLION TO NEW JERSEY-BASEDCATALENT...AND ANOTHER TOACQUIRE A FORMER GE FACILITY ANDADD 500 JOBS WILL HAVE A
POSITIVE IMPACT ON THE CITY ANDSTATE.DURING THE TAPING OF A SPECIALEDITION OF OUR SHOW IN
BLOOMINGTON, I ASKED MAYOR JOHNHAMILTON FOR REACTION...AND HEAGREED.>> IT'S A BIG DAY FOR
BLOOMINGTON.WE ARE VERY EXCITED.OUR LARGEST PRIVATE EMPLOYERDECIDING TO REINVEST, EXPAND
CORE OPERATIONS IN BLOOMINGTONWITH THE PURCHASE OF THE PLANTAND THAT'S VERY IMPORTANT.THEY ARE A GLOBAL COMPANY AND DO
DIFFERENT THINGS.THEY'RE DOUBLING DOWN INBLOOMINGTON AND THEN THE SALE OFCOOK PHARMA, WHICH WAS
UNAFFILIATED BUSINESS THEYCREATED 14 YEARS AGO I THINK OFIT AS A BILLION-DOLLAR START UP.THEY JUST SOLD IT TO A PUBLIC
COMPANY FOR $950 MILLION.THAT'S EXCITING.IT BRINGS THE THIRD MAJOR LIFESCIENCES COMPANY TO TOWN.
>> JOHN HAMILTON AND BY THEWAY, YOU SEE THAT SPECIALEDITION FROM BLOOMINGTON THEFIRST WEEKEND IN OCTOBER.
>>LITHIUM-ION BATTERYMANUFACTURER ENERDEL IS ON THEPATH TO RECOVERY, 5 YEARS AFTERITS PARENT, ENER1, FILED FOR
BANKRUPTCY PROTECTION.THE INDIANAPOLIS-BASED STARTUPHAS QUIETLY TURNED THINGS AROUNDBY LANDING DEALS WITH TRANSIT
SYSTEMS AND BIG NAMES LIKEALLISON TRANSMISSION.FOR MORE ON ITS RESURGENCE, NEWJOBS AND WHAT'S NEXT...I'M
PLEASED TO BE JOINED BY CEO MIKECANADA.MIKE, WELCOME TO THE PROGRAM.>> THANKS.
>> WE WANT TO TALK ABOUT THISGROWTH STORY, BUT TO GO BACKPEOPLE MAY REMEMBER AROUND 2010OR SO ENERDEL HAD BIG PLANS FOR
A PLANT AND 860 JOBS AND THATWENT SOUTH.A LOT OF THAT WAS TIED TO THEELECTRIC CAR BUSINESS.
>> THAT'S CORRECT.IN 29 AND 2010 WE WERE FOCUSEDON PASSENGER VEHICLE BUSINESSAND ELECTRIFICATION.
I REFER TO THAT TIME AS BEINGTHE TESLA AND THERE JUST WAS NOTA MARKET THERE TO REALLY SUPPORTTHE DEMAND.
>> THE ELECTRIC CAR THAT WENTAWAY AND WAS A BIG FACTOR.THE PARENT COMPANY FILED FORBANKRUPTCY ABRUPTLY, BUT SINCE
THAT TIME THERE'S BEEN ATURNAROUND.TALK ABOUT THE LAST FEW YEARSAND WHERE ENERDEL IS TODAY.
>> ABSOLUTELY I'M EXCITED TOSHARE SOMETHING ABOUT THERESURGENT OF ENERDEL WE ARECROSSING OVER INTO THE BLACK FOR
THE FIRST TIME EVER AND WE'VEBEEN ABLE TO DO THAT PRIMARILYTHROUGH RIGHT SIZING THEORGANIZATION AND REFOCUSING SO
ON THE RIGHTSIZING WE HAD TORIGHT SIZE OPERATIONS AND WEWENT THROUGH A CONTRACTIONPERIOD AND WHEN I JOINED THE
TEAM IN 2014 AND SINCE THENWE'VE BEEN FOCUSING ONREBUILDING.WE'VE DONE THAT WITH THE
STRATEGIC ALLIANCE INPARTNERSHIP WITH ALLISONTRANSMISSION.WE ARE THE ONLY LITHIUM ION
SOLUTION THAT IS OFFERED AND HASBEEN FULLY APPROVED FOR THISPLATFORM.>> BIG NEWS FOR THE COMPANY
ISN'T THAT TRANSIT SYSTEM.AROUND THE COUNTRY YOU HAVEDEALS WITH MORE THAN A DOZENTRANSIT SYSTEMS AROUND THE
COUNTRY.>> ABSOLUTELY.WITH THAT PRODUCT WE AREPOWERING MORE THAN 15 TRANSIT
MUNICIPALITIES THROUGHOUT NORTHAMERICA LARGEST MUNICIPALITY ISWASHINGTON DC AND THE NATION'SCAPITAL.
THAT'S PRETTY EXCITING.>> AND YOU REACHED AMILESTONE, 20 MILLION MILES.>> ABSOLUTELY.
IT'S VERY, VERY IMPRESSIVE SINCEWE LAUNCHED THAT YOUR BATTERYPACK SOLUTION FOR THE DIESELHYDROELECTRIC, 20 MILLION MILES
OF NU SERVICE SO HIGHLY RELIABLEAND IT'S IN GREAT DEMAND.>> YOU ALSO HAVE A MILITARYSEGMENT YOU ARE LOOKING FOR AS
WELL.>> THE OTHER MARKET SEGMENT WEARE FOCUSING ON IS THE MICRO-GREP PRODUCTS WITH THE ARMY
CORPS OF ENGINEERS.THE ARMY, AND THE AIR FORCE.LAST YEAR WE COMPLETED AONE-YEAR DEMONSTRATION AND
DEPLOYED 11 SYSTEMS TO THE AIRFORCE AND THEY WERE VERYSUCCESSFUL.>> YOU HAVE 80 EMPLOYEES NOW
AND YOU ARE LOOKING TO ADDPEOPLE AS WELL, BUT GOINGFORWARD, AS YOU LOOK IN THE NEXTFIVE PLUS YEARS WHERE DO YOU SEE
GROWTH?>> IT CONTINUES TO INCREASEPENETRATION OF THE ALL ELECTRICBUS MARKET SEGMENT AS WELL AS
THE HYBRID MARKET SEGMENT AND WEWILL REENTER THE LARGESTATIONARY GRID MARKET SEGMENT.>> MIKE CANADA THE CEO AT