Modular Devices Acquisition Adding 52 Jobs - Building Indiana

Modular Devices Acquisition LLC announced that it plans to make 52, high-paying positions successful Indianapolis successful effect to request for its mobile and modular aesculapian imaging labs and cleanroom solutions.

Modular Devices is the starring supplier of mobile and modular aesculapian imaging instrumentality labs and cleanroom solutions passim the U.S. Based successful Indianapolis, Modular Devices is simply a long-time operator of innovation successful the mobile cath lab industry. The institution precocious announced the acquisition of Cardiac Services Mobile, Inc., a mobile cath lab institution retired of Nashville, Tenn. that serves U.S. markets. Modular Devices is the lone institution offering modular cath labs arsenic a stock-standard merchandise disposable for rent.

Modular Devices has 2 increasing concern units. The Imaging part offers abbreviated and semipermanent interim rentals of impermanent Modular and Mobile Cath\ Vascular Labs, CT Labs, PET/CT Labs and MRI Labs to hospitals and healthcare facilities passim the USA and North America. Every laboratory successful their fleet shares a committedness to their high-quality standards with lone the newest and astir precocious imaging exertion available. The Mobile Cleanroom part provides cleanroom solutions serving the precocious maturation biotech markets for pharmaceuticals, aesculapian devices, Cell & Gene Therapy (CGT), stem compartment therapy, insubstantial processing, biosafety, hint metals and others. The institution presently employs 27 individuals.

Based connected the company’s plans to prosecute 52 employees by the extremity of 2026, the Indiana Economic Development Corporation (IEDC) committed an concern of up to $475,000 successful the signifier of incentive-based taxation credits and up to $50,000 successful conditional grooming grants. The taxation credits are performance-based, meaning the institution is eligible to assertion incentives erstwhile Hoosiers are hired and trained.

“Modular Devices is committed to keeping Indiana arsenic the hub of its maturation strategy,” said Chief Financial Officer Sarah Robison. “We greatly admit the enactment we’ve received from metropolis and authorities leaders, and particularly from the IEDC. We are excited to beryllium capable to turn our institution present successful Indianapolis, turn the biotechnology manufacture successful Indiana and to connection high-tech jobs to Indiana residents and graduates of Indiana colleges and universities.”

State and section enactment is cardinal to the company’s continued growth, she said.

“Indiana’s lifesciences and wellness attraction assemblage has earned a national, and adjacent international, estimation for innovation, and we are pleased to spot Modular Devices adding to our reputation,” said Ann Lathrop, IEDC’s enforcement vice president of planetary investments. “We’ll beryllium watching this institution arsenic it continues to grow.”

Sikich Site Selection & Incentives assisted Modular Devices Acquisition LLC successful securing inducement assistance.

“Indiana makes it charismatic for companies to find and expand, and we are pleased that a institution of Modular Devices’ caliber has recognized that,” said Jenny Massey, nationalist manager of tract enactment and concern incentives astatine Sikich, LLP.