Back to TopCommentsE-mailPrintBookmark and Share

Tino Pereira, CEO of Canada-based Iotron Industries, discussed the electron-beam facility his company opened March 15 in Columbia City, which lies halfway between Fort Wayne and Warsaw in northern Indiana. Iotron already helps some of the orthopedic implant makers in Warsaw alter the strength, flexibility or surface conditions of the materials in the joint replacements they make. That makes Iotron’s services important in research and development for new products.

Iotron’s technology also can be used to sterilize products, including medical devices and even food. The 54,000-square-foot facility in Columbia City houses a 2.5-ton e-beam accelerator and initially will employ as many as 20 people. Iotron hopes business growth lets it ramp up to 60 employees.

IBJ: Why did it make sense to make your first U.S. location in Indiana?

A: It was market specifics. In terms of orthopedics, you guys are the world leader. Agribusiness is a big business and foods. The other one, too, is aerospace and defense. There’s a huge potential there to modify plastics and work with composites. We’ve had some initial discussions with Raytheon and Crane. The second driver was really how the state [and local business groups] made it attractive from a business standpoint. We were enticed to come. The level of engagement with us, not only from the beginning but right up to where we are now, hasn’t stopped and it’s been really impressive.

IBJ: You talk about serving businesses in Indiana, but do you also hope to secure clients outside the state?

A: Our initial focus was in a 300-mile radius. Although, it doesn’t mean at a later date we won’t reach out further. What Indiana offers is just tremendous logistics. People always talk about just-in-time service and inventory reduction, but we can actually deliver it now.

IBJ: How are your discussions with potential clients progressing?

A: Over the last two months, we’ve really ramped up to try to get them out of the exploratory phase or the conceptual phase, and get them into the process phase and the validation phase. We’ve got good interest from the orthopedic, medical-device and agribusiness sectors. We’re a technology that will add some value to the state. And we’re extremely excited about being in the area.



Post a comment to this story

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

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. It is nice and all that the developer grew up here and lives here, but do you think a company that builds and rehabs cottage-style homes has the chops to develop $150 Million of office, retail, and residential? I'm guessing they will quickly be over their skis and begging the city for even more help... This project should occur organically and be developed by those that can handle the size and scope of something like this as several other posters have mentioned.

  2. It amazes me how people with apparently zero knowledge of free markets or capitalism feel the need to read and post on a business journal website. Perhaps the Daily Worker would suit your interests better. It's definitely more sympathetic to your pro government theft views. It's too bad the Star is so awful as I'm sure you would find a much better home there.

  3. In other cities, expensive new construction projects are announced by real estate developers. In Carmel, they are announced by the local mayor. I am so, so glad I don't live in Carmel's taxbase--did you see that Carmel, a small Midwest suburb, has $500 million in debt?? That's unreal! The mayor thinks he's playing with Lego sets and Monopoly money here! Let these projects develop organically without government/taxpayer backing! Also, from a design standpoint, the whole town of Carmel looks comical. Grand, French-style buildings and promenades, sitting next to tire yards. Who do you guys think you are? Just my POV as a recent transplant to Indy.

  4. GeorgeP, you mention "necessities". Where in the announcement did it say anything about basic essentials like groceries? None of the plans and "vision" have basic essentials listed and nothing has been built. Traffic WILL be a nightmare. There is no east/west road capacity. GeorgeP, you also post on www.carmelchatter.com and your posts have repeatedly been proven wrong. You seem to have a fair amount of inside knowledge. Do you work on the third floor of Carmel City Hal?

  5. I don't know about the commuter buses...but it's a huge joke to see these IndyGo buses with just one or two passengers. Absolutely a disgusting waste of TAXPAYER money. Get some cojones and stop funding them. These (all of them) council members work for you. FIRE THEM!