Restoration Medical Polymers To Locate Corporate Headquarters-Manufacturing In Whitley County, Indiana
12/21/2015
According to local economic development officials, RMP is finalizing plans to construct a 36,000 square foot manufacturing facility in the Park 30 Industrial Park in Whitley County. The facility will house a state of the art manufacturing facility for human implantable, medical grade polymers, a high tech testing lab, and the corporate headquarters. The company plans to have the facility occupied by late 2016 with production starting early 2017.
The Indiana Economic Development Corporation offered Restoration Medical Polymers, LLC, up to $185,000 in performance-based 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. Whitley County approved additional tax abatement and CEDIT incentives at the request of Whitley County Economic Development Corporation.
“The medical device industry finds its perfect home in the Hoosier State, helping the life science industry achieve a $59 billion economic impact to Indiana,” said Jim Schellinger, President of the Indiana Economic Development Corporation. “RMP’s growth continues the trend we’re seeing this year of companies choosing to create quality jobs in Indiana, with more Hoosiers now working than ever before.”
Project Announcements
Dana Canada Corporation Expands Oakville-Cambridge, Ontario, Canada, Operations
12/04/2023
Sparta Metal Processing Expands White County, Tennessee, Operations
12/01/2023
Walinga USA Expands Wayland, Michigan, Operations
12/01/2023
Amkor Technology Plans Peoria, Arizona, Advanced Packaging-Test Facility
12/01/2023
Dai Nippon Printing Plans Linwood, North Carolina, Lithium-ion Manufacturing Operations
11/29/2023
Axle Logistics Expands Knoxville, Tennessee, Operations
11/29/2023
Most Read
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Rise of Mid-Size U.S. Cities: The Industrial Development Boom
Q3 2023
-
Front Line: Brownfields Offer Redevelopment Opportunities
Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
2023 Top States Workforce Development Programs
Q3 2023
-
Immigration: A Potential Fix for Labor Shortages?
Workforce Q4 2023