Skip to main content

More growth planned at biomedical company

March 10, 2011

COLUMBIA CITY — Whitley County’s ever-growing manufacturing facility that continues to enhance its biomedical-related fingerprint is planning even more growth.
Micropulse, Inc., which operates a large manufacturing facility in southeastern Whitley County on state Route 14, announced this week its plans to use a $6 million economic development bond to finance additional infrastructure.
According to county attorney Dan Sigler, the county would not be liable for the debt incurred by Micropulse.
Micropulse Chief Financial Officer Brian More told the Whitley County Council Tuesday that the bond was not the first the company has used.
“We started this in 2007 when we funded our last expansion,” More said.
“Micropulse has been experiencing some good growth. We recently passed the 200 employee mark.”
Sigler told both the council on Tuesday and the Whitley County Board of Commissioners on Monday that while the county isn’t liable for the debt, the process is funneled through the county via an ordinance to ensure the company a lower interest rate on the loan.
Micropulse, Inc was founded in 1988 and is a design and manufacturing firm focused on providing precision surgical instruments, implants and delivery systems to the global orthopedic industry.
More told the council the bond deal was imminent.
“Looks like we’re going to close next month,” he said.

CHURUBUSCO — Whitko’s boys tennis team took the 25-mile trip north on Ind. 205 to take on county-...
HUNTERTOWN — Columbia City’s boys soccer team fell 5-0 to Northeast Hoosier Conference foe Carroll...
SOUTH WHITLEY — For the second night in a row the Whitko Lady Wildcat volleyball team took the...


Premium Drupal Themes by Adaptivethemes