Midwest Eye Consultants To Open $2.39 Million Lens Coating Lab in Wabash, Indiana
10/28/2014
The company will invest $2.39 million to lease, renovate and equip Lens Source Optical Lab, a 14,000 square-foot lens manufacturing operation in Wabash. The laboratory, which will be fully operational by May, will allow the company to better serve optometry practices throughout the state by providing the latest technology in lens design and manufacturing techniques.
Midwest Eye, which currently employs 450 full-time associates in Indiana, plans to begin hiring in January for multiple positions. “We serve Indiana – it’s where our roots are,” said Cathy Garrett, Vice President at Midwest Eye. “We want to be a resource for our communities and provide excellence in eye care.”
Founded in 1992, Midwest Eye operates 27 eye clinics across northern Indiana. With its new lens lab and state of the art equipment, the company will use advanced manufacturing processes to produce highly optimized eyeglass surfaces. Midwest Eye’s new technology produces eyeglass lenses with more affordable equipment, passing on savings to practices and patients.
The Indiana Economic Development Corporation offered Midwest Eye Consultants up to $130,000 in conditional tax credits and up to $50,000 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. Wabash County will consider additional incentives at the request of the Economic Development Group of Wabash County.
“Indiana companies have their eye on the prize,” said Eric Doden, President of the Indiana Economic Development Corporation. “By integrating new technology into their operations, they are increasing the value of Hoosier-built products, from auto parts to eyeglass lenses. At Midwest Eye, their innovation is creating more jobs for Hoosiers.”
Project Announcements
Bartlett Group Plans Strathcona County, Alberta, Headquarters-Manufacturing Operations
10/11/2024
Mart Frozen Foods Establishes Rupert, Idah, Production Operations
10/11/2024
Verst Group Logistics Expands Boone County, Kentucky, Operations
10/11/2024
Afton Scientific Expands Albemarle County, Virginia, Manufacturing Operations
10/10/2024
Eli Lilly and Company Expands Lebanon, Indiana, Operations
10/09/2024
Johnson & Johnson Plans Wilson, North Carolina, Pharmaceutical Manufacturing Operations
10/08/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024