The project will bring almost 1,800 jobs, including 300 “new” positions, the town said.
BROWNSBURG, Ind. — Global laboratory services company Labcorp announced a historic investment for a new, high-tech facility in Brownsburg on Tuesday, Jan. 20.
The company, which describes itself as “a global leader of innovative and comprehensive laboratory services,” said the more than 500,000-square foot facility will be located in the Ronald Reagan Logistics Park, near Ronald Reagan Parkway and Interstate 74.
The Town of Brownsburg said the project includes administrative offices, laboratory space and a production facility, with a “combined capital investment” of $435 million, the largest in town history.
The project will bring almost 1,800 jobs, including 300 “new” positions, the town said.
Labcorp said operations from its current Indianapolis site will move to the new facility, which will be built over multiple years.
“We’re investing in capabilities and resources to advance science, drive innovation and scale our operations to meet customer demand—ultimately enabling us to transform lab and clinical trial services by delivering more integrated, connected experiences for sponsors, sites and patients,” Labcorp EVP and President of Laboratory Services and International Megan Bailey said in a statement.
Labcorp said the new facility, located on a 50-acre campus, will increase the company’s Indianapolis facility footprint by 40%. The company said it selected Brownsburg for its location near major highways, the Indianapolis International Airport, downtown Indianapolis and “key distribution centers.”
“We are proud to partner with a company dedicated to improving lives for people around the world,” Brownsburg Town Council President Ben Lacey said. “The innovative work that will happen at this facility will create significant job opportunities and positions Brownsburg as a hub for life science and healthcare development.”
“Life sciences are growing as an important sector of the Indiana economy, and this significant investment by Labcorp is an exciting new development in that story that will create additional well-paying jobs,” Indiana Gov. Mike Braun said. “Indiana supports innovation and growth in the life sciences sector, and our state is the ideal place for those companies to build and expand.”
