PLAINFIELD, Ind. (Sept. 16, 2008) - Siemens Healthcare Diagnostics, a provider of medical diagnostic products, announced today it will expand its warehousing and distribution operations here, creating more than 80 jobs over the next 12 months.
The company, which develops, manufactures and markets products used to diagnose medical conditions such as diabetes, allergies and cardiovascular disease, will consolidate its distribution operations from other states into an existing 300,000-square-foot facility in the Indianapolis suburb.
"We're demonstrating again today the ambition we have to further position Indiana as a leader in the logistics and life sciences industries. Siemens' continued commitment to Indiana further strengthens our position as a hub for these growing industries," said Governor Mitch Daniels.
Headquartered in Deerfield, Ill., Siemens Healthcare Diagnostics currently employs approximately 60 in the Indianapolis area and plans to begin hiring warehouse associates, maintenance staff and office associates to accommodate the opening of the facility.
"We are confident Indianapolis is an excellent location for us to expand our distribution operations," said Donal Quinn, chief executive officer, Siemens Healthcare Diagnostics. "It is an ideal location, and the new site offers technology enhancements that will help us advance the quality and efficiency of our operations. We also believe that by adding more jobs in the Indianapolis area, this expansion will have a positive impact on the community. "
The Indiana Economic Development Corporation offered Siemens Healthcare Diagnostics up to $535,000 in performance-based tax credits and up to $67,500 in training grants based on the company's job creation plans. Plainfield will consider property tax abatement.
"Plainfield is pleased to welcome Siemens Healthcare Diagnostics to our community, where it will join other companies that are providing life science and healthcare products and services. This again shows the viability of the Plainfield community and the positive business and life style amenities that we have to offer," said Robin Brandgard, Plainfield town council president. "This would not have come about without the cooperation of Plainfield, Hendricks County Economic Development Partnership and the state."
Siemens expansion in Plainfield comes less than a month after Plainfield-based, third-party logistics provider, MD Logistics announced it would invest $1 million to build and equip a 15,000 square-foot cold storage facility, creating 75 new jobs by 2012.
About Siemens Healthcare
The Siemens Healthcare Sector is one of the world's largest suppliers to the healthcare industry. The company is a renowned medical solutions provider with core competence and innovative strength in diagnostic and therapeutic technologies as well as in knowledge engineering, including information technology and system integration. With its laboratory diagnostics acquisitions, Siemens Healthcare is the first integrated healthcare company, bringing together imaging and lab diagnostics, therapy, and healthcare information technology solutions, supplemented by consulting and support services. Siemens Healthcare delivers solutions across the entire continuum of care - from prevention and early detection, to diagnosis, therapy and care. Additionally, Siemens Healthcare is the global market leader in innovative hearing instruments. The company employs more than 49,000 people worldwide and operates in 130 countries. In the fiscal year 2007 (Sept. 30), Siemens Healthcare reported sales of €9.85 billion, orders of €10.27 billion, and group profit of €1.32 billion. Further information can be found by visiting http://www.siemens.com/healthcare.
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Indiana Secretary of Commerce Nathan Feltman serves as the chief executive officer of the IEDC. Since Daniels created the IEDC, the state has posted three consecutive years of record-breaking commitments for new jobs. For more information about IEDC, visit www.iedc.in.gov.
Lance Longwell (Siemens Healthcare) - 610.448.1473 or Lance.Longwell@siemens.com
Mitch Frazier (IEDC) - 317.232.8873 or MFrazier@iedc.in.gov
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