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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. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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