Roche Diagnostics Invests $300 Million On Improvements To Its Indianapolis, Indiana, Headquarters
06/21/2012
Roche Diagnostics and Roche Diabetes Care's160-acre Indianapolis campus at 9115 Hague Road is home to research and development, manufacturing, distribution, information technology, shared services and administrative operations.
As part of its improvement plans, the company will refurbish existing buildings, purchase manufacturing equipment for new diabetes care test strips and upgrade its information technology equipment. Improvements are designed to support the company's growing diagnostics and diabetes care businesses. Roche Diagnostics will begin its campus transformation this fall with the construction of a new commercial education center where approximately 1,500 customers from across the nation will be trained annually.
"From a one-man, start-up company in a garage to a global industry leader in less than 50 years illustrates the power of Hoosier ingenuity and entrepreneurship," said Gov. Mitch Daniels. "Roche's continued growth has shown that Indiana is the epicenter for the life sciences industry and the premier state for growing an innovative business."
"As the leader in the in-vitro diagnostics industry, we're proud to be a part of the growing life sciences movement in central Indiana," said Jack Phillips, president and chief executive officer of Roche Diagnostics. "We appreciate the partnership from the city and state as we look to increase jobs and enhance our Indianapolis campus facilities. The bottom line is we're here to stay and committed to being the best place to work in Indiana."
As an incentive the Indiana Economic Development Corporation offered Roche Diagnostics Operations, up to $2 million in conditional tax credits and up to $300,000 in training grants 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, the city of Indianapolis will consider additional property tax abatement at the request of Develop Indy.
"Indianapolis' stable tax climate and pro-growth economic environment offers businesses of all types opportunity to thrive," said Indianapolis Mayor Greg Ballard. "We are thrilled with this investment by Roche and are proud to have corporate partners who share our commitment to building a community that is open for business, providing quality jobs for our talented workforce."
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024