From the Northwest Indiana Times:
A Fishers, Ind.-based company plans to make radioactive medical imaging isotopes at a new $45 million cyclotron and manufacturing facility to be built in Gary.
Positron Corp. announced Friday the Gary Redevelopment Commission has approved a resolution for $15 million in tax increment financing bonds for a new facility along the Borman Expressway.
The company, which already has a plant in Crown Point, said the Gary plant will employ more than 50 people within five years.
Positron CEO Patrick Rooney in a prepared release stated “securing, stabilizing and growth of the supply chain should have a considerable impact on the industry; we have built a solid foundation in our core cardiac imaging products and we continue to vertically expand into medical isotopes and radiopharmaceuticals, allowing us to offer an end-to-end solution for cardiac PET imaging."
Gary could realize added benefit from research and development companies, government agencies and others locating in the city to be near the cyclotron, the company said.
http://www.nwitimes.com/business/local/company-plans-to-make-medical-isotopes-in-gary/article_0197e05e-26a8-5811-a4da-9678336b29ea.html
