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Dental startup locating in Noblesville

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Therametric Technologies Inc., a developer of dental health technology, said today it will locate its headquarters and manufacturing operations in Noblesville, and plans to create 40 jobs by 2013.

The startup, located at the Indiana University Emerging Technologies Center on 10th Street in Indianapolis near the downtown canal, said it will invest nearly $10 million to build a 26,000-square-foot facility in Noblesville. The company will locate in the Smithfield Business Park at 146th Street and Cumberland Road.

Therametric employs 16 people and plans to begin hiring for administrative, information technology and manufacturing jobs late this year. Construction of its facility is set to begin in September and should be finished by spring.

The building will house manufacturing operations for Therametric's proprietary FluoreCam detection system. The system uses light fluorescence from a handheld instrument to detect tooth decay by analyzing changes in the mineral content of tooth enamel.

The Indiana Economic Development Corp. offered the company up to $270,000 in performance-based tax credits and $17,000 in training grants based on its job-creation plans. The city of Noblesville will consider additional property-tax abatement.
 

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  1. The deductible is entirely paid by the POWER account. No one ever has to contribute more than $25/month into the POWER account and it is often less. The only cost not paid out of the POWER account is the ER copay ($8-25) for non-emergent use of the ER. And under HIP 2.0, if a member calls the toll-free, 24 hour nurse line, and the nurse tells them to go to the ER, the copay is waived. It's also waived if the member is admitted to the hospital. Honestly, although it is certainly not "free" - I think Indiana has created a decent plan for the currently uninsured. Also consider that if a member obtains preventive care, she can lower her monthly contribution for the next year. Non-profits may pay up to 75% of the contribution on behalf of the member, and the member's employer may pay up to 50% of the contribution.

  2. I wonder if the governor could multi-task and talk to CMS about helping Indiana get our state based exchange going so Hoosiers don't lose subsidy if the court decision holds. One option I've seen is for states to contract with healthcare.gov. Or maybe Indiana isn't really interested in healthcare insurance coverage for Hoosiers.

  3. So, how much did either of YOU contribute? HGH Thank you Mr. Ozdemir for your investments in this city and your contribution to the arts.

  4. So heres brilliant planning for you...build a $30 M sports complex with tax dollars, yet send all the hotel tax revenue to Carmel and Fishers. Westfield will unlikely never see a payback but the hotel "centers" of Carmel and Fishers will get rich. Lousy strategy Andy Cook!

  5. AlanB, this is how it works...A corporate welfare queen makes a tiny contribution to the arts and gets tons of positive media from outlets like the IBJ. In turn, they are more easily to get their 10s of millions of dollars of corporate welfare (ironically from the same people who are against welfare for humans).

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