DCL, which provides clinical laboratory test services to makers of drugs and medical devices, will invest more than $4.7 million and add more than 20,000 square feet of commercial laboratory space in its expansion.
The company now employs more than 150 people in Indianapolis. As part of its expansion, the company already has begun hiring additional pathologists, clinical laboratory professionals and information technology professionals.
The Indiana Economic Development Corp. offered DCL up to $750,000 in tax credits and up to $116,000 in training grants based on the company's job-creation plans. The city said it would consider property-tax abatements.
Today's announcement comes less than two months after the company announced a strategic partnership with Third Wave Technologies Inc., a molecular diagnostics-products manufacturer. Third Wave will maintain a research and development laboratory at DCL's Indianapolis facility and undertake joint product research and development.
Founded in 1984, DCL also has operations in St. Louis and Louisville.