INDIANAPOLIS -- Beckman Coulter (NYSE:BEC), a manufacturer of biomedical test equipment and testing supplies is initiating its second major expansion in Indianapolis in the last two years.
The company, which manufactures testing instruments and supplies for hospital laboratories as well as scientific research and drug discovery, is making a multi-million dollar investment to relocate its precision plastics injection molding operation to the Park 100 business park on Indianapolis' northwest side.
California-based Beckman Coulter, which has been in Indianapolis since acquiring a locally based high-tech start-up in December of 1996, plans to hire additional manufacturing and supervisory associates when the plastics molding operation is phased in. In addition, the company is locating portions of its field service operations and product development to Indianapolis, creating new positions in marketing, engineering and technical fields. The company expects to add up to 100 new jobs.
The biomedical testing giant, which employs 12,300 associates worldwide, reported nearly $3.1 billion in revenue for 2008. Beckman Coulter has more than 200,000 of its manufactured systems in operation in laboratories throughout the world.
The Indiana Economic Development Corporation offered Beckman Coulter up to $830,000 in performance-based tax credits and up to $450,000 in training grants based on the company's job creation plans. The city of Indianapolis and Indianapolis Economic Development, Inc. will support property tax abatement for Beckman Coulter before the Metropolitan Development Commission.
Beckman Coulter, Inc., based in Orange County, California, develops, manufactures and markets products that simplify, automate and innovate complex biomedical tests. More than 200,000 Beckman Coulter systems operate in laboratories around the world, supplying critical information for improving patient health and reducing the cost of care. Recurring revenue, consisting of supplies, test kits, service and operating-type lease payments, represents approximately 78 percent of the company's 2008 annual revenue of $3.1 billion. For more information, visit www.beckmancoulter.com.
Scott Atkin, Group Vice President for Beckman Coulter
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