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Stericycle to expand in Indianapolis

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Illinois-based medical waste disposal firm Stericycle Inc. will expand its Indianapolis operations, creating as many as 109 jobs by 2011, the Indiana Economic Development Corp. announced Wednesday evening.

The company plans to invest more than $390,000 to consolidate product-return operations from Florida and Georgia to an existing facility near the Indianapolis International Airport.

Stericycle's product recall and returns processing center here features advanced product-handling equipment and systems to handle materials that are part of consumer product recalls.

The company’s Return Management Services division already employs nearly 350 in Indianapolis. Stericycle plans to begin hiring additional warehouse and supervisory workers immediately as operations are moved here.

Founded in 1989, the Lake Forest, Ill.-based company has more than 6,500 employees worldwide.

IEDC offered Stericycle up to $330,000 in performance-based tax credits and up to $20,000 in training grants based on the company's job creation plans. The city of Indianapolis will support additional property tax abatement at the request of Indianapolis Economic Development Inc.

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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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