Sites Medical, a medical device company serving the orthopedic industry, will invest $1.9 million to expand its Columbia City, Indiana
, production center, with plans to create up to 45 new jobs by 2017.
The homegrown-Hoosier company will lease and equip a facility in Columbia City, expanding its total footprint in the community by approximately 8,000 square feet. The firm plans to expand in-house services to include; specialty testing, prototyping, specialty manufacturing
and quality and regulatory services this spring. The company anticipates beginning to hire engineers, technicians and inspectors later this year.
Sites Medical develops, evaluates and markets technologies and services within the medical
marketplace. The company, which is ISO 13485 certified, distributes its products and technologies through orthopedic companies of all sizes around the world, currently specializing in serving companies in sports medicine, joint reconstruction, spine and orthopedic oncology.
“Indiana, Whitley County in particular, has a great culture and talented workforce,” said Greg Stalcup, President/CEO of Sites Medical. “This, combined with the support provided by local and state government, has made expanding our business in this community possible.”
“The motor of the medical device industry is centered in northeast Indiana,” said Eric Doden, President of the Indiana Economic Development Corporation. “Top graduates from universities across our state find a place with companies like Sites Medical. Indiana’s workforce
is well equipped with the know-how to help high-growth companies reach their full potential, and with our low tax business environment
and central location, it’s clear why medical device companies consider Indiana a state that works.”
As an incentive
, Indiana Economic Development Corporation offered Sites Medical up to $350,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition, Whitley County approved additional incentives at the request of the Whitley County Economic Development Corporation.