IBJNews

Medical equipment maker primed to expand in Greenwood

Back to TopCommentsE-mailPrintBookmark and Share

Advantis Medical Inc., a maker of cases and trays for surgical instruments, plans to add more than 100 jobs in Greenwood over the next five years, according to city officials.

The company now employs about 150 workers, according to IBJ research.

Calls to the company were not returned Wednesday morning. But Bill Peeples, senior planner at the city of Greenwood, said the company intends to expand into a 50,000-square-foot building, with the potential of expanding it to 100,000 square feet in the future.

The Daily Journal of Franklin reported that the company would pay salaries averaging more than $47,000 for each of 108 new jobs.

Greenwood has approved $177,000 in grants and $241,000 in tax abatements to help Advantis make its expansion, according to the Daily Journal.

Advantis was founded in 1996 and was acquired in 2007 by Avalign Technologies, a private equity firm based in suburban Chicago. It sells its trays and cases primarily to orthopedic surgeons. A call to Avalign CEO Forrest Whitaker was not returned.

“We foresee big growth in our business," Whitaker told the Daily Journal, adding, "We need the extra capacity to take advantage of a growing market.”

ADVERTISEMENT

  • fair medical
    It does seem that everybody is into this kind of stuff lately. Donâ??t really understand it though, but thanks for trying to explain it. Appreciate you shedding light into this matter. Keep it up

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  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...

ADVERTISEMENT