A company that makes therapeutic shoes for diabetics plans to move its operations next month from Owensboro, Kentucky, to Zionsville, creating up to 25 jobs by 2021.
The company, Carmel-based Healer Health LLC, will relocate its Hylan Shoe Co. to the Mayflower Business Park in Zionsville, the Indiana Economic Development Corp. announced Tuesday. It plans to invest $635,000 to open a 10,000-square-foot distribution center.
Healer Health, which makes I-Runner Diabetic Comfort Shoe, along with insoles and socks, acquired Hylan in March. The company distributes its shoes to suppliers around the country, including pharmacies, hospitals, podiatrists and home health offices.
Diabetic shoes, which are also known as therapeutic shoes, are designed to prevent skin-related health problems for people with diabetes.
Healer Health plans to begin hiring this month for marketing, warehousing and distribution positions at the Zionsville facility.
Healer Health’s owner, Todd Katz, has a history as a health and life sciences entrepreneur. He was the former owner of orthopedic manufacturer Bell-Horn, which was sold to Blackstone Private Equity entity DJO Global in 2011. He also founded home health care product provider Home Health Depot, which he sold in 2004.
The IEDC has offered Healer Health up to $185,000 in conditional tax credits and up to $40,000 in training grants based on the company’s job-creation plans. These contracts were signed in October, according to the IEDC’s online records.
The town of Zionsville has approved additional local incentives, the IEDC said.