[r88] Speaker Bosma: More high-paying jobs coming to Indianapolis (6/20/2012)

Wednesday, June 20, 2012

Start Date: 6/20/2012 Start Time: 12:00 AM
End Date: 6/20/2012

STATEHOUSE – House Speaker Brian C. Bosma (R-Indianapolis) is pleased that Roche Diagnostics has decided to invest $300 million in their North American Headquarters. Today’s announcement also highlighted the creation of nearly 100 new jobs through the next several years at their North American Headquarters here in Indianapolis.

According to a press release issued by the Indiana Economic Development Corporation, Roche Diagnostics will invest $300 million over the next 10 years at its North American headquarters on the northeast side of Indianapolis. The capital investments, which will include the refurbishing of existing buildings, purchasing of manufacturing equipment for new diabetes care test strips and upgrading of information technology equipment, will support the company’s growing diagnostics and diabetes care businesses. Roche Diagnostics will begin its campus transformation this fall with the construction of a new commercial education center where approximately 1,500 customers from across the nation will be trained annually.

“House Republicans have been at the forefront of building a climate that will boost businesses here in Indiana, by providing a stable business environment in which to expand.  Predictable property tax rates, a cut in the corporate income tax rate and key tax credits such as the research and development tax credit have been instrumental in allowing corporate partners such as Roche Diagnostics to keep expanding in our state,” Speaker Bosma.

Over the past eight years, House Republicans have built the best toolbox in the Midwest and arguably the nation when it comes to creating a climate for job growth.  Indiana was also ranked as the number one state in biosciences, with recently seeing a job growth of 14 percent since 2001 in the biosciences sector, compared to a national average of 6.4 percent. Indiana currently has about 60,000 bioscience jobs, and that number continues to expand.

“Today’s announcement of Roche Diagnostic’s investment means more jobs for Hoosiers, and that is what Hoosiers need. We have come a long way in attracting companies to expand and develop in Indiana – and we will continue to work to bring more high-quality, high-paying jobs to Indiana,” said Speaker Bosma.