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Bloomington-based Cook Medical announced last week that it will invest $7 million to help build a $15 million medical device manufacturing facility at 38th Street and Sheridan Avenue that is expected to be transformational for the lower-income neighborhood on the northeast side of Indianapolis.
Cook has partnered with Goodwill of Central & Southern Indiana, The Indianapolis Foundation, Impact Central Indiana and the United Northeast Community Development Corp. to build the facility and hire 100 employees for jobs expected to pay an average hourly wage of $16 plus benefits.
Goodwill will operate the plant with the goal of hiring workers from the neighborhood—and will provide key wrap-around services to ensure those workers and their families have the food, housing and education they need to succeed.
Podcast host Mason King talked with Pete Yonkman, president of Cook Group and Cook Medical, and Ashley Gurvitz, executive director of United Northeast Community Development Corp., about the project and what it could mean for the neighborhood. And Yonkman explains why Cook is urging other companies to make similar moves.
To learn more, read IBJ reporter Samm Quinn’s story about the project.
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Wonderful news for Indy and the neighborhood.
Hey you ace reporters, the neighborhood is at 38th & SHERMAN!
John, the project is near 38th and Sheridan. Sherman is about 2 miles to the west.
Hey JOHN M………. guess you need to eat some crow and APOLOGIZE!
Just east of Arlington Ave across from what used to be the Byrd Ford dealership. Next door to what used to be Value City Dept store.
The only thing that can turn around that area is parents who are present and teach their children how to behave.
Parents can’t do that if they are working multiple jobs at odd hours.
Sure they can. Just like my mom did.
Behaviour is perfect in other areas of the city I presume. Misbehaviour occurs only in northeast Indianapolis? Children and parents are perfect models elsewhere in Indiana?