Roche Diagnostics Plans Indiana Headquarters Expansion
Roche Diagnostics, a leader in research-focused healthcare, plans to invest $300 million at its North American headquarters in Indianapolis. The project is expected to create up to 100 new jobs by 2017.
The company intends to build a new commercial education center on its 160-acre northeast side campus, as well as refurbish existing buildings, buy new equipment for new diabetes care test strips and upgrade IT equipment.
â€śRocheâ€™s continued growth has shown that Indiana is the epicenter for the life sciences industry and the premier state for growing an innovative business,â€ť said Indiana Governor Mitch Daniels.
Roche said it employs nearly 3,000 Hoosiers.
â€śAs the leader in the in-vitro diagnostics industry, weâ€™re proud to be a part of the growing life sciences movement in central Indiana,â€ť said Jack Phillips, president and chief executive officer of Roche Diagnostics. â€śWe appreciate the partnership from the city and state as we look to increase jobs and enhance our Indianapolis campus facilities.â€ť
The Indiana Economic Development Corporation offered Roche up to $2 million in conditional tax credits and up to $300,000 in training grants based on the companyâ€™s job creation plans.
Indianapolis officials will also consider additional property tax abatements.
â€śIndianapolis’ stable tax climate and pro-growth economic environment offers businesses of all types opportunity to thrive,â€ť said Indianapolis Mayor Greg Ballard. â€śWe are thrilled with this investment by Roche and are proud to have corporate partners who share our commitment to building a community that is open for business, providing quality jobs for our talented workforce.â€ť