HYCOR Biomedical, a maker of diagnostic products for clinical laboratories, has selected central Indiana for its new headquarters. The company will move from its current location in Garden Grove, California. HYCOR will create up to 20 jobs in Indiana by 2013.
"Given Indiana's central location, the exceptional life sciences talent based here, as well as the economic incentives being offered by the state, we believe this is the ideal time for HYCOR to relocate as our business continues to grow," said Richard Aderman, president and CEO of HYCOR.
The Indiana Economic Development Corporation offered HYCOR up to $640,000 in performance-based tax credits based on the company's job creation plans.
HYCOR is currently leasing space in Indianapolis before selecting a permanent central Indiana location.
The company produces urinalysis and allergy and autoimmune testing products used in labs, hospitals, and doctor's offices.