Stericycle to expand in Indianapolis

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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