Business

Cook Group set to start Bloomington expansion project

Posted November 26, 2017 6:00 am

The Associated Press

BLOOMINGTON, Ind. (AP) - Medical-device maker Cook Group expects to start work in December on an expansion project as it takes over a former General Electric refrigerator factory in Bloomington.

Company spokeswoman Marsha Lovejoy says it should soon complete its purchase of the factory site that was shut down last year. Cook announced in September it would buy the 70-acre property, where it plans spending $125 million on renovations.

The company says it could add 500 jobs over the next decade with the expansion of its Cook Medical unit that makes products such as heart stents and surgical instruments.

The (Bloomington) Herald-Times reports local officials are considering a special tax district that would fund $5 million in landscaping, repaving and exterior building work on the site.

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Information from: The Herald Times, http://www.heraldtimesonline.com

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