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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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