Medtech Firm Catheter Research Nearly Doubling Workforce

An Indianapolis-based medical device maker says an expansion of its operations in the city will create as many as 125 jobs by 2020.

Catheter Research Inc. announced plans Friday to spend $4.8 million to expand and relocate existing operations within Indianapolis, as well as purchase new machinery and equipment. The company employs 150 people full time in Indiana, and plans to begin hiring for new positions next year.

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