Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Helmer, a Life Sciences Manufacturer, makes $10.56 Million Investment In New Indiana Facility

03/16/2012
Helmer, Inc., a manufacturer of laboratory equipment and specialized products, will invest $10.56 million to construct a 137,000-square-foot manufacturing facility and new headquarters in Noblesville, Indiana, creating as many as 46 new jobs. The firm already employees 150 employees in the Hoosier State.

The Indiana Economic Development Corporation offered Helmer up to $300,000 in conditional tax credits based on the company's job creation. The company plans to hire additional engineering, manufacturing, marketing and sales positions. The city of Noblesville also approved additional property tax abatement incentives.

As part of the project, the life sciences company will purchase advanced manufacturing equipment and make technical infrastructure upgrades. "We see this new facility as a key element in delivering products to market faster for our customers in over 100 countries, as well helping us attract and retain outstanding talent," said Bruce King, Helmer president.

"Expanding and thriving companies like Helmer are the reason our state's reputation as a hub for the life sciences industry continues to garner national attention," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "Our world-class research universities and low-tax policies are helping to grow these innovative companies."

Noblesville Mayor John Ditslear said: "We work hard to help our city's businesses grow and expand and are pleased that Helmer's latest expansion will keep them in Noblesville and in our Corporate Campus. They are a very important part of our community."

Exclusive Research