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Siemens Diagnostics Expands in Indiana

by Joan Trombetti, Writer | September 17, 2008
Indiana Economic
Development Corporation
Siemens Healthcare Diagnostics announced it will expand its warehousing and distribution operations in Indiana by more than 80 jobs over the next 12 months.

Siemens will consolidate its distribution operations from other states into an existing 300,000-square-foot facility in the Indianapolis suburb.

"We're demonstrating again today the ambition we have to further position Indiana as a leader in the logistics and life sciences industries. Siemens' continued commitment to Indiana further strengthens our position as a hub for these growing industries," said Governor Mitch Daniels.

Headquartered in Deerfield, Ill., Siemens Healthcare Diagnostics currently has approximately 60 employees in the Indianapolis area and plans to begin hiring warehouse associates, maintenance staff and office associates to accommodate the opening of the facility.

"We are confident Indianapolis is an excellent location for us to expand our distribution operations," said Donal Quinn, chief executive officer, Siemens Healthcare Diagnostics. "It is an ideal location, and the new site offers technology enhancements that will help us advance the quality and efficiency of our operations. We also believe that by adding more jobs in the Indianapolis area, this expansion will have a positive impact on the community."

The Indiana Economic Development Corporation offered Siemens Healthcare Diagnostics up to $535,000 in performance-based tax credits and up to $67,500 in training grants based on the company's job creation plans. Plainfield will consider property tax abatement.

Siemens expansion in Plainfield comes less than a month after Plainfield-based, third-party logistics provider, MD Logistics announced it would invest $1 million to build and equip a 15,000 square-foot cold storage facility, creating 75 new jobs by 2012.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Indiana Secretary of Commerce Nathan Feltman serves as the chief executive officer of the IEDC. Since Daniels created the IEDC, the state has posted three consecutive years of record-breaking commitments for new jobs. For more information about IEDC, visit www.iedc.in.gov.