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Verbatim: Medical equipment firm moving HQ to Allen County

Maxim to invest $1.6 million, create 51 jobs

Statement issued early Thursday by the Fort Wayne-Allen County Economic Development Alliance:

Churubusco, Ind. (November 19, 2009) — Maxim Medical Services announced that it will move its distribution and headquarters operation to Allen County. The medical equipment provider will invest $1.6 million to begin operations at 12632 US 33 in Churubusco Indiana. The project is slated for completion in 2012 and will bring 51 new positions to Allen County.

Currently Maxim Medical Services is located in LaOtto, Indiana and employs 26 workers. "We look forward to the opportunity to assume operations in Allen County," said Paul Larson, Operations Manager for Maxim Medical Services, "We service customers throughout the nation. Allen County, as the Cross-Roads of America, is the perfect location for our headquarters and base of operations."

Maxim Medical Services installs, re-manufactures and sells medical equipment to healthcare facilities and clients. The company is Indiana based, but has technicians across the country. As part of the project

Maxim Medical Services will invest in new equipment and make real estate improvements to its newly purchased building. The larger facility will enable Maxim Medical Services to realize its projected annual revenue of $20 million by fourth quarter 2012.

"Maxim is experiencing incredible growth and we're happy they have chosen to expand in northeast Indiana," said Governor Mitch Daniels. "It's always nice to announce new jobs, but it takes on special importance when jobs are created in a small community like Churubusco."

The Allen County Council will consider phasing in taxes associated with the project. Maxim Medical Services could save approximately $23,083 on real and personal property taxes over five years, as well as a $27,000 grant from Allen County. The company is also eligible for $75,000 in job specific training, $25,000 in recruitment and assessment services and $10,000 in computer training services from WorkOne Northeast. The Indiana Economic Development Corporation (IEDC) will provide $175,000 in Economic Development for a Growing Economy tax credits and $30,000 from the Skills Enhancement Fund (SEF).

"This investment in Allen County by Maxim Medical Services is a sign of continued confidence for our business community," stated Nelson Peters, Allen County Commissioner. "We are looking forward to the growth and opportunities this project will bring to the citizens of Allen County."

About Maxim Medical Services

Maxim Medical is a third party contractor for all major surgical light and column manufacturers. The company installs and resells medical equipment to healthcare companies and has over 80 years of combined experience installing medical equipment to manufacturer specifications. Maxim Medical Services also offers repairs, service contracts and preventative maintenance on most manufacturer surgical lights and columns. For more information on Maxim Medical Services, visit http://maximmedicalservices.com.

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