"Iotron will be a welcome addition to the orthopedic and medical device manufacturing operations in the region, as well as U.S. defense industry regional companies" - U.S. Congressman Marlin Stutzman
Columbia City, Indiana (PRWEB) February 22, 2011
Iotron Industries expects its new $15 million contract sterilization and materials modification facility to be operational by late 2011, according to Lloyd Scott, president. Following a two-year site research process, Iotron selected the Whitley County location for its United States expansion and began construction last fall of a new 54,000 sq. ft. electron-beam treatment and processing facility.
“Iotron will be centrally located between two major industry clusters in Indiana, which will provide the company with a great strategic and competitive advantage for growth,” said U.S. Congressman Marlin Stutzman. “In addition to ultimately serving companies across the United States, Iotron will be a welcome addition to the orthopedic and medical device manufacturing operations in the region, as well as providing strategic services for Indiana’s $6 billion commercial defense industry.”
Congressman Stutzman was on hand Feb. 22 to formally welcome Iotron to Indiana during an open house hosted by the Whitley County Economic Development Corporation.
The Canadian e-beam facilities of Iotron currently provide contract sterilization services to the medical industry, pest and microbial reduction for agribusiness, and materials modification in the production of orthopedic, building and technology products, according to Scott.
“While the Warsaw region is already recognized as the orthopedic capital of the world, the addition of a sterilization facility here adds a key component to the existing value chain of our orthopedics industry,” said Brad Bishop, executive director of OrthoWorx. “Iotron’s location of a sterilization facility in northern Indiana adds an important capability to the cluster, as well adding new high-tech jobs for residents in our region.”
Iotron’s new facility near Columbia City will be within a half-hour’s drive from Warsaw-based orthopedic companies to the west and the Fort Wayne medical and defense companies to the east, according to Alan Tio, president of the Whitley County Economic Development Corporation. “Numerous Midwest companies can take immediate advantage of Iotron’s centralized location when the facility is completed later this year,” Tio said.
Iotron began the hiring process for new Indiana employees earlier this year, and will train a selected number of new employees at the Iotron Canadian plant prior to the opening of the new U.S. facility in late 2011.
“Iotron represents a great strategic fit for northeast Indiana,” said John Sampson, president and CEO of the Northeast Indiana Regional Partnership. “Their e-beam technology will match existing manufacturing needs in the medical and orthopedic industries and create new opportunities for materials production in the commercial defense cluster.”
Scott noted that Iotron also has had “good success” in pest and microbial reduction in the agribusiness business, and the company plans to pursue that industry sector in the United States. “Among other agribusiness products, we have had strong results in sterilizing bee hives from viral infection to restore honey production,” he said.
The Indiana Economic Development Corporation (IEDC) offered Iotron up to $200,000 in performance-based tax credits based on the company’s job-creation plans. Whitley County worked with three other counties to aggregate $7 million in Recovery Zone Facility Bonds, as well as other local incentives at the request of the Whitley County Economic Development Corporation
“Bringing Iotron to Whitley County demonstrates our continuing commitment to supporting medical device manufacturing, product development, and support companies,” said County Commissioner Tom Rethlake, “We are pleased to welcome Iotron to Indiana and will work to encourage the company’s success in the Midwest.”
About Iotron Industries Canada, Inc.
Iotron Industries Canada Inc. is a Canadian company operating an Electron Beam service center in the Greater Vancouver area of British Columbia, Canada. Iotron’s Electron Beam technology can modify the physical, chemical, molecular and biological properties of materials and products, improving their usefulness and enhancing their value. An environmentally friendly process, Iotron's IMPELA® Electron Beam Accelerators need only electricity to operate and produce no waste materials. For more information, please visit http://www.iotron.com. For more information, contact Michael Snyder at The MEK Group: http://www.themekgroup.com/contactus.asp
About Whitley County EDC
The Whitley County Economic Development Corporation (EDC) works closely with local, regional, and state partners to support our industry clients' growth and success. The Whitley County EDC was established in 1992 and represents Whitley County, Columbia City, and the Towns of Churubusco, Larwill, and South Whitley. For more information about the EDC, visit http://www.whitleyedc.com.
OrthoWorx (http://www.orthoworxindiana.com) is a Warsaw-based, industry, community and education initiative established to advance and support growth and innovation within the region's uniquely concentrated, globally significant orthopedics device sector. Funded in part by the Lilly Endowment, OrthoWorx was founded in 2009 out of a comprehensive study conducted by BioCrossroads. The initiative engages and enhances the broader community interests that both serve and depend upon the sector's continued growth by targeting an integrated set of educational, workforce, cultural, communication, branding, logistical and entrepreneurial efforts.