Media | News

May 7, 2008
DCL MEDICAL LABORATORIES ANNOUNCES INDIANA EXPANSION
Indianapolis, IN - DCL Medical Laboratories was joined by Governor Mitch Daniels and Mayor Greg Ballard this morning to announce the company's plans to expand its headquarters and clinical laboratory in Indianapolis.  The company will create 125 new life sciences jobs, invest more than $4.7 million and add more than 20,000 square feet of commercial laboratory space.   Founded in 1984, DCL has grown from a diagnostic cytology lab to a full-service regional reference laboratory with operations in Indianapolis, St. Louis and Louisville. The expansion will enable DCL to leverage its experience in cytopathology, clinical trials and product development to facilitate commercialization of emerging diagnostics discoveries.

BEDA assisted DCL Medical Laboratories with the expansion of its corporate headquarters as well as negotiating and procuring economic development incentives.

April 8, 2008
CHILDREN'S ORTHOPEDIC DEVELOPER TO GROW ITS NORTH CENTRAL INDIANA OPERATIONS
Warsaw, IN - OrthoPediatrics announced the company's plans to grow its development, manufacturing and distribution center in Warsaw, Indiana creating 100 new jobs. The two-year old developer of orthopedic implants for children and small stature patients will invest more than $4.5 million to more than double its development and manufacturing operations in the North Central Indiana town known as the Orthopedics Capital of the World.

BEDA assisted Orthopediatrics with the expansion of its corporate headquarters as well as negotiating and procuring economic development incentives.

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March 20, 2008
FIRE PROTECTION COMPANY TO MORE THAN DOUBLE ITS SOUTH BEND WORKFORCE
South Bend, IN - Ryan Fireprotection, a designer, manufacturer and installer of custom fire protection systems, announced today it will expand its Northern Indiana operations, creating more than 25 new jobs.

BEDA managed the procurement of economic development incentives in support of Ryan Fireprotection's project.

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March 2008
TRAINING INCENTIVES - THE GOOD, THE BAD, AND THE UGLY
by: Jenny Massey, Senior Project Manager, Bingham Economic Development Advisors, LLC
Article featured in Area Development Magazine

Investment in economic development has become increasingly more strategic as many states attempt to attract specific industries such as life sciences, advanced manufacturing, and information technology that create high-skill jobs commanding high wages. Talent is the key issue in attracting these types of jobs, making training incentives a requirement for states to stay competitive.

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February 6, 2008
COOK PHARMICA ANNOUNCES EXPANSION
Bloomington, IN - Cook Pharmica LLC, part of Cook Medical, is expanding its biopharmaceutical contract manufacturing facility in Bloomington, Indiana. The company will invest $84 million in facility upgrades and new equipment to add contract fill finish capabilities. The project will create over 200 new jobs at the facility where currently 225 people are employed.

BEDA worked with Cook Pharmica to evaluate locations for the expansion and to negotiate incentives in support of the project including over $2.2 million in performance based tax credits and $100,000 in training grants from the Indiana Economic Development Corporation.

January 10, 2008
IHIF SELECTS CUSHMAN & WAKEFIELD CONSULTING GROUP AND BINGHAM ECONOMIC DEVELOPMENT ADVISORS FOR STATEWIDE INITIATIVE
Indianapolis, IN - Indiana Health Industry Forum (IHIF) today announced that it has hired the team of Cushman & Wakefield Global Consulting Group (C&W) and Bingham Economic Development Advisors, LLC (BEDA) for its statewide life sciences asset mapping and strategic planning initiative.

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December 28, 2007
TECHNOLOGY COMPANY TO NEARLY TRIPLE ITS INDIANA WORKFORCE
Indianapolis, IN - LHP Inc. will create more than 320 high-tech jobs by 2011. The software developer will invest more than $1 million to expand its southeast Indiana headquarters and development center located in Columbus, Indiana. The company creates software and hardware solutions for military, automotive and medical industries worldwide.

BEDA managed the procurement of economic development incentives in support of LHP's project.

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December 27, 2007
OFFICE FURNITURE COMPANY TO EXPAND ITS SOUTHERN INDIANA HEADQUARTERS, MANUFACTURING OPERATIONS
Huntingburg, IN - OFS Brands Holdings, Inc. will invest more than $81 million for the expansion to add new production facilities, veneer operations, UV coating systems and office space to its southern Indiana headquarter facilities located in Huntingburg, Indiana. The internationally recognized office furniture company will create more than 300 new jobs by 2012.

BEDA assisted OFS with the expansion of its corporate headquarters as well as negotiating and procuring economic development incentives.

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August 3, 2007
Speaking Engagement – “Hoosier Site Consultants Roundtable”

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July 30, 2007
CLAY COUNTY CHAMBER OF COMMERCE SELECTS RESEARCH FIRM
FOR INTERNATIONAL TRADE STUDY
Orange Park, FL — The Clay County Chamber of Commerce's Economic Development Division is partnering with Bingham Economic Development Advisors, LLC. to analyze the local business community for international business development made possible through an international business development grant funded by the state of Florida.

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May 2007
BINGHAM McHALE LAUNCHES ECONOMIC DEVELOPMENT AFFILIATE
Indianapolis, IN. — Bingham McHale LLP has formed Bingham Economic Development Advisors, LLC (BEDA), an independently operated and managed affiliate of the law firm focused on economic development relating to site-selection analysis, incentive procurement and fulfillment, and community development and planning.

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June 26, 2007
Speaking Engagement — “A Business Game Plan: Economic Development Incentives, Property Tax Saving Strategies and Business Financing Tools for Indiana Manufacturers”

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