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>> HELLO AND WELCOME TO INSIDE
INDIANA BUSINESS. I'M GERRY
DICK.
THE LIFE SCIENCES ARE AN $80

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BILLION INDUSTRY IN
INDIANA...ECONOMIC IMPACT THAT
TOUCHES NEARLY EVERY COUNTY IN
THE STATE.

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AND THERE ARE SIGNS OF A NEW
LIFE SCIENCE CLUSTER EMERGING IN
HAMILTON COUNTY.
THE LATEST EXAMPLE...ITALY-BASED

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STEVANATO GROUP ANNOUNCING PLANS
TO BUILD A $145 MILLION
MANUFACTURING PLANT ON ABOUT 30
ACRES IN FISHERS, AN INVESTMENT

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EXPECTED TO CREATE MORE THAN 230
JOBS.
AND MORE MAY BE ON THE WAY.
I'M PLEASED TO BE JOINED BY

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MAYOR FADNESS WITH DETAILS ON A
STRATEGY TO MAKE FISHERS A LIFE
SCIENCE HUB.
MAYOR, THANKS FOR TAKING THE

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TIME TO JOIN US FROM CITY HALL.
>> GLAD TO BE HERE, GERRY.
>> THE BRAND YOU'VE CREATED IN
FISHERS IS ABOUT INNOVATION AND

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ENTREPRENEURSHIP AND TECHNOLOGY.
BUT SEEMINGLY ON THE IT
TECHNOLOGY SIDE. LIFE SCIENCES
POPPED UP AS A REAL SWEET SPOT.

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>> WE SAW AN OPPORTUNITY AS WE
EXITED COVID LAST YEAR TO LOCATE
IN FISHERS, WE SAW A REAL
COMPETITIVE ADVANTAGE IN CENTRAL

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INDIANA. THE IDEA THAT WE HAD
PEOPLE THAT KNEW HOW TO MAKE
THINGS IN MANUFACTURING, AND A
DEEP UNDERSTANDING OF LIFE

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SCIENCES, WE FOUND THAT THAT WAS
A REALLY GREAT OPPORTUNITY FOR
US TO DOUBLE DOWN IN AN INDUSTRY
WE WEREN'T AS USED TO. SINCE

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THEY CAME ALONG WE'VE BEEN
RACKING UP A NUMBER OF
INVESTMENTS, WINS IN THAT LIFE
SCIENCES AREA, WE THINK THERE IS

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TREMENDOUS MOMENTUM AT OUR BACK
NOW.
>> ONE OF THE MOST RECENT
ANNOUNCEMENTS, STEVANATO GROUP

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MENTIONED AN ITALY-BASED COMPAN
ANNOUNCING PLANS FOR A BIG
INVESTMENT THERE, YOU'VE
PURCHASED ADDITIONAL LAND. YOU

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REALLY THINK THERE IS MORE TO
COME IN TERMS OF LIFE SCIENCES
INVESTMENT IN FISHERS.
>> ABSOLUTELY. WE'RE VERY

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OPTIMISTIC. IN FACT TONIGHT I'M
ON A CALL WITH AN INTERNATIONAL
OPPORTUNITY, LIFE SCIENCES,
WE'VE HAD HAD A NUMBER OF

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CONVERSATIONS ONGOING. I DON'T
THINK STEVANATO WILL BE THE LAST
IN THE CITY OF FISHERS, WE THINK
THIS IS AN EMERGING MARKET THAT

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WE CAN BE SUCCESSFUL AT.
>> WHAT DOES IT BRING TO THE
MIX, IN YOUR VIEW, FROM A
BUSINESS STANDPOINT TO FISHERS,

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AND MORE BROADLY TO THE
INDIANAPOLIS REGION TO HAVE THIS
CLUSTER, AND A GROWING LIFE
SCIENCES CLUSTER IN YOUR

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COMMUNITY.
>> I THINK IT IS A COUPLE
THINGS. ONE, WHAT A TREMENDOUS
OPPORTUNITY TO BRING GOOD-PAYING

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JOBS AND GOOD INVESTMENT INTO
THE BOUNDARY THE AND
MUNICIPALITIES. IT USED TO BE IN
A SUBURBAN ENVIRONMENT YOU

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WOULDN'T WANT TO NECESSARILY PUT
MANUFACTURING IN YOUR SUBURBAN
ENVIRONMENT, IT DIDN'T FIT WELL
WITH THE NEIGHBORHOODS. THIS IS

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CLEAN TECHNOLOGY, GREAT JOBS,
GREAT INVESTMENT. IT IS
COMPLEMENTARY TO THE ENVIRONMENT
AROUND IT. SECONDLY, I THINK IF

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WE CAN DEMONSTRATE A PROOF OF
CONCEPT HERE IN FISHERS WHAT CAN
BE DONE AND THE OPPORTUNITIES
ABOUND I REALLY DO HOPE ALL OF

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CENTRAL INDIANA TAKES A HARD
LOOK AT THIS. IF FISHERS CAN BE
SUCCESSFUL AT THIS, INDIANAPOLIS
CAN BE SUCCESSFUL, CARAMEL,

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GREENWOOD, IT DOESN'T MATTER,
CENTRAL INDIANA HAS THE CORE
ELEMENTS TO REALLY DO WELL IN
THIS AREA.

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>> YOU TALK ABOUT THE CORE
ELEMENTS. YOU SEE THIS GROWTH IN
LIFE SCIENCES NOT NECESSARILY
MAYBE HOW PEOPLE WOULD VIEW A

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TRADITIONAL PHARMACEUTICAL
COMPANY LIKE LILLY AND DRUG
DEVELOPMENT AND MANUFACTURING.
BUT IN FULFILLMENT AND IN SOME

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OF THE SUPPORT FOR THE INDUSTRY.
YOU TALK ABOUT THE DISTRIBUTION
AND LOGISTICS, THE AIRPORT AND
FEDEX, ALL OF THE ASSETS IN

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CENTRAL INDIANA THAT CAN HELP IT
GROW.
>> YOU'RE EXACTLY RIGHT. THIS
GOES BEYOND THE PERSON IN THE

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WHITE LAB COAT INVENTING THE
BEST DRUG. THIS IS REALLY ABOUT
HOW ARE WE GOING TO MANUFACTURE
THE DRUG IT, HOW ARE WE GOING TO

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FULFILL THE ORDERS, DISTRIBUTE
IT, QUALITY ASSURANCE. THERE IS
A SUB CULTURE, WITH BILLIONS OF
DOLLARS THAT WE CAN BE

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CAPTURING, AND BE SUCCESSFUL AT
IN CENTRAL INDIANA. THAT'S THE
AREA WE'RE REALLY FOCUSING ON IS
THOSE TYPES OF INDUSTRIES. I

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TELL YOU, KEEP AN EYE ON
FISHERS, I THINK WE'RE GOING TO,
THROUGHOUT THIS HERE, IT IS NOT
UNHEARD OF TO HIT A HALF A

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BILLION DOLLARS OF LIFE SCIENCE
INVESTMENT IN A YEAR IN CENTRAL
INDIANA IN FISHERS. I THINK
THERE IS REAL OPPORTUNITY.

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>> WOW, A BIG NUMBER. SHOWING
SOME OF THE OTHER COMPANIES WHO
COMMITTED TO FISHERS HERE IN
RECENT WEEKS AND MONTHS. AS YOU

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MENTIONED TO ME BEFORE WE
STARTED THE INTERVIEW. OVERALL,
NOT JUST LIFE SCIENCES, BUT
ECONOMIC DEVELOPMENT AND

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INVESTMENT HERE IN 2021, EVEN IN
THE FACE OF THE PANDEMIC HAS
BEEN A STRONG YEAR SO FAR FOR
FISHERS.

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>> YEAH, IT'S BEEN GREAT ON A
VARIETY OF INDUSTRY SECTORS,
SOME OF OUR OLDER OFFICE SPACE
IS GETTING FILLED UP. WE WERE

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CONCERNED ABOUT, A RESTAURANT
INDUSTRY IS WARRING AT THE
MOMENT WITH THE DIFFERENT
DEVELOPMENTS, AND TECH SECTORS

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HOLDING STRONG. WE THINK WE'RE
IN A GOOD PLACE, CONTINUE TO
DIVERSIFY OUR ECONOMY, MORE TO
COME.

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>> FINAL QUESTION. A LOT OF WORK
AND INVESTMENT, A LOT OF CHANGE
IN DOWNTOWN, THE HEART OF
DOWNTOWN FISHERS, HOW IS

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PROGRESS GOING WITH DOWNTOWN
INVESTMENT?
>> FANTASTIC. THE -- FINISHING
UP, FRANKLY, IF YOU'VE BEEN BY

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HERE, CORPORATE HEADQUARTERS IS
GOING TO BE AN EXTRAORDINARY
ASSET, OUR COMMUNITY. THE FACE
OF FISHERS, THE DOWNTOWN AREA IS

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REALLY CHANGING, WE CAN'T WAIT
TO GET SOME OF THESE PROPERTIES
OPEN.
>> FISHERS, MAYOR SCOTT FADNESS,

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THANK YOU FOR JOINING US, LIFE
SCIENCE A MAJOR FOCUS AREA FOR
THE CITY, THAT WILL BE GOING