New Jersey-based Catalent will purchase Cook Pharmica for $950 million. Cook Group is also purchasing the old GE plant in Bloomington to expand manufacturing.
Cook Group is spending about $16.5 million dollars to grow its medical research and development facility in Indianapolis. The facility has been open since 2012.
Over 4 million products are affected by the recall.
Officials say the Indiana Biosciences Research Institute will be the first of its kind in the nation.
Bloomington business leaders meeting Thursday with Mike Pence say the governor should do more to include IT companies in his jobs plan.
CFC Properties bought and renovated the Yoho General Store, which has been in Solsberry for more than 70 years.
Local businesses either retained or created jobs over the past year
General BioTechnology is one of the most comprehensive cell storage companies in the nation.
The catheter could help more 78,000 people in the U.S. who are affected by catheter-related bloodstream infections.
Teams from businesses around the city dressed up and joined the adult spelling bee fundraiser to support Monroe County Public Schools.