AB BioTechnologies, Inc. and TASUS Corporation announced today they will expand operations in Bloomington, potentially creating 15 new jobs by 2016.
A news release from the Indiana Economic Development Corporation says:
AB BioTechnologies, a homegrown-Hoosier company that develops formulations and manufacturing processes for injectable drug products, will invest $1.2 million to renovate and equip its current 1,100 square-foot laboratory in Bloomington.
Japanese auto parts manufacturer TASUS is planning a $2.8 million renovation at its Bloomington production facility. TASUS also plans to lease a new building for its administrative offices and expand its distribution of products.