Roche Diagnostics Corporation (ROG.VX) Plots $300 Million HQ Expansion, to Add 100 New Jobs

6/21/2012 8:59:42 AM

Roche Diagnostics Corp. plans to spend $300 million on an expansion of its Indianapolis headquarters, creating 100 jobs by 2017, the company said Wednesday. The city of Indianapolis has offered Roche a $24 million tax abatement, over 10 years, to help offset the cost of a new commercial education center and to do major refurbishments of buildings on its existing campus, as well as to install new equipment in its manufacturing plant, which makes chemical strips for Roche's blood glucose monitors for diabetics.

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