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Defense contractor Gryphon plans Bloomington expansion

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Maryland-based  defense contractor Gryphon Technologies plans to expand its operations in Bloomington, creating as many as 60 jobs by 2013.

The engineering and technical services company will invest $800,000 to lease and equip a larger office in the Indiana city. It now has a staff of about 20 and plans to hire engineers and logistics professionals, state economic development officials said early Wednesday.

In July, the firm won a $26.6 million contract to provide logistics and technical support for the nearby Crane Naval Surface Warfare Center.

Gryphon has been recognized as one of America's fastest-growing private companies by Inc. magazine for the past seven consecutive years.

Indiana Economic Development Corp. offered the firm as much as $525,000 in performance-based tax credits based on the company's job creation plans.

"These good-paying, highly skilled jobs will have an immediate impact on our economy,” Bloomington Economic Development Corp. President Ron Walker said in a prepared statement. “But Gryphon's presence in Bloomington also bolsters our growing national recognition as an emerging technology center."

IEDC said Indiana is home to a $6.6 billion defense contracting industry that employs thousands.

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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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