Logistics – a key factor in $40M isotope-production facility in Noblesville

Written By Noblesville Economic Development

Written By Noblesville Economic Development

May 28, 2014

Zevacor Molecular plans to open a $40 million isotope-production facility in Noblesville, Indiana.  Ken Smithmier, Illinois Health & Science’s President and CEO, stated that due to the limited shelf life of isotopes, “Logistics made a big difference,” in selecting a location for the 70 MeV cyclotron.  Noblesville’s central location and proximity to the FedEx Express Hub will increase Zevacor’s product shipping capabilities.

Plans for the currently vacant 14395 Bergen Boulevard include more than $7 million for purchase and renovation of the  71,000 square foot building.  Zevacor will not utilize the entire building up front, leaving room for the company to expand in the future.

To read the full article: Isotope maker plans $40M project in Noblesville

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Noblesville Economic Development

Noblesville Economic Development

The Noblesville Economic Development Department is dedicated to fostering a vibrant and sustainable economic environment within the City of Noblesville, Indiana. Our mission is to strategically attract, retain, and expand industry investments through policies, processes, marketing, and collaboration. We aim to foster a creative economy that enhances community awareness, appreciation, and engagement, while creating an environment that encourages forward focus while maintaining the integrity of our heritage.

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