Tuesday, December 1, 2009

Telamon, Touch Bionics win grants for expansion

Source: Business First

State officials have signed off on $50,000 in grants headed to companies looking to expand in Central Ohio and add a combined 58 jobs.
The state Controlling Board approved $25,000 Rapid Outreach Grants for:
Telamon Corp., an information technology contractor for the telecommunications industry. The Carmel, Ind.-based company is looking to buy new machinery and equipment for a $195,000 expansion in Columbus expected to add 38 full-time jobs.
Touch Bionics Inc., a Scottish developer of bionic prosthetics and medical devices. The state grant will go toward a $230,000 expansion in Hilliard that could add 20 full-time jobs. Touch Bionics’ key product is the I-Limb prosthetic hand, sales of which have exceeded the company’s expectations and made the U.S. the biggest market for product, according to state documents.
The Central Ohio grants approved this week were among more than $3 million the Controlling Board approved for a dozen projects statewide expected to create more than 400 jobs.


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