Blue Medical To Establish Operations Center In Columbia City, Indiana
11/27/2013
The firm, which supplies stainless steel instrumentation for the orthopedic, spine, trauma, and sports medicine medical device market, plans to renovate a former medical office building to house its administrative, design and engineering, quality, and marketing and sales.
“With our location near a world-leading concentration of medical device manufacturing and with supply chain partners from around the world, Blue M Medical is well positioned to become a leading producer of custom surgical instruments,” said Blue M Medical Principal William Smith, “In Columbia City and Whitley County we have found local leadership and an economic development program that will support our efforts as we continue to grow our capabilities in the years ahead.”
“On behalf of Columbia City, we are thankful that Blue M Medical is locating the company’s operations in our community and we appreciate the work of all the economic development partners that went into this project,” said Columbia City Mayor Ryan Daniel, “We look forward to building on the collaboration that went into this project to support the expansion of existing employers and to encourage other companies involved in the medical device sector to locate in Columbia City.”
As an incentive, Indiana Economic Development Corporation offered Blue M Medical, LLC up to $250,000 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 the incentives. In addition, Whitley County approved CEDIT-based grant and loan incentives, and Columbia City approved vacant building tax abatement, all at the request of the Whitley County Economic Development Corporation.
“Indiana innovation shines through our medical device industry, which has found its ideal home here in the Hoosier State,” said Eric Doden, President of the Indiana Economic Development Corporation, “Through the work of companies like Blue M Medical, breakthroughs in medical devices are giving hope and a renewed lease on life to people around the world. With Indiana’s low tax business environment and highly skilled workforce, I’m proud to call Indiana a state that works for medical device manufacturers.”
Project Announcements
Dollar Tree Plans Marietta, Oklahoma, Distribution Operations
04/30/2025
Hitachi Energy Expands Bland, Virginia, Production Operations
04/28/2025
Amgen Expands New Albany, Ohio, Manufacturing Operations
04/28/2025
United Kingdom-Based Balmoral Tanks Plans Mentor, Ohio, Operations
04/28/2025
E & E Hardwoods Expands Bell County, Kentucky, Saw Mill Operations
04/27/2025
Aegis Sortation Expands Louisville, Kentucky, Operations
04/26/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Forging Solid Foundations
Q1 2025