Roche Diagnostics will spend $300 million over 10 years to expand its headquarters
in Indianapolis, the Indianapolis Star
reports. The expansion is expected to create 100 jobs during the first five years. Approximately $70 million of the total outlay will be spent on an 88,000-sq-ft visitors center. Groundbreaking is scheduled for fall 2012 with completion of the visitors center set for the second half of 2014, according to the Star
Additional work includes renovation of existing buildings, the purchase of new manufacturing equipment, and upgrades of IT equipment and operations, the Star says. Roche will receive $2 million in conditional tax credits from the state of Indiana and $300,000 in training grants, according to the newspaper. The Indianapolis headquarters employs 2900 workers.