EaglePicher is heading to Plano - Dallas Business Journal:

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EaglePicher Medical Power LLC hasleased 20,00o0 square feet in the , where the new companyt will initially employ 30 including 25 new hires for R&D and administrative said Randy Moore, president of EaglePichet Technologies LLC. The facility at 1009 Jupiter Road is schedulede to openin March. Details on salaries for the positionds werenot available. EaglePicher expects to hire 30 to 40 more peoplerat mid-year, when a manufacturing component is adde in Plano, Moore said. The R&rD center will include laboratories and equipment for testin and manufacturinglithium batteries. The Dallas Kansas City and Minneapolis were finalists forthe company’sd headquarters.
Proximity to a technologically savvy work forcse and to major customerskeyed EaglePicher’ s selection of Plano, Moore said. EaglePichee Medical Power was partof Joplin, Mo.-baseed EaglePicher Technologies until late last Both are owned by , a diversified holdingg company. EaglePicher Medical was spun off because of the tremendoux growth potential for medicalbattery production, Moore said. As the baby boomefr generation ages, demand for implantable medical devices he said.
The company makes batteriez for pacemakers, implanted cardio defibrillators, heart monitors, cochlear pain management devices, neurostimulators and spinal cordand deep-brain “We’ve decided to put a lot more strategic emphasie on the medical technologies program,” Moore The new location, with easy accesws to , will allow the new companty to better focus on the markets it servea and give it space to grow, said Joe Marotta, vice presideny and general manager of EaglePicher Medical. The leasre takes the Jupiter Service Centerto 100% said Kathy Permenter, managing directord of the office servicesd group of , the landlord representative.
Permenter handlee the lease withRuss Johnson, senior vice president at G&E, for propertyh owner Kodiak Capital, based in The quoted rate is $8.50 per square foot annually plus insurance and maintenance expenses. “They wantesd to get up and running quickly, they made theitr corporate decision and they movedvery quickly,” Permenter David Ellis, director of technologg marketing and redevelopment for the , said economic incentives factorer into the company’s selection of Plano. is completin g its deliberations and will hold a publicf meeting soon to review the he said. Ellis declined to releaser theincentive details.
EaglePicher likes the accessw Plano provides to a skilled technology work force and wants to be closer tocustomer , a Planop manufacturer of pain management Ellis said. “Anytime you have a manufacturer moving in from out of state it translates into new jobs and mone flowing into our local Ellis said.