Fort Wayne MorphoTrust USA invests $6 million in relocation

December 18th, 2015

News Coverage:

Posted: Friday, December 18, 2015 2:50 pm

Fort Wayne company invests $6 million in relocation
Staff Reports

MorphoTrust USA is investing $6 million in a relocation of its Fort Wayne operations to Coliseum Boulevard from a location on Executive Boulevard in Interstate Business Park.

The driver license, photo credit card, and identification card technology company employs 93 at its Indiana operations and the Fort Wayne facility is its only location in the state. Indiana Economic Development Corp. officials said in a prepared statement MorphoTrust plans to hire up to 20 more employees in the state by 2019.

The company plans to equip and renovate about 20,000 square feet at 3500 Coliseum Blvd. E. “to create a space where engineers and others can collaborate on next generation solutions,” it said.

News of MorphoTrust’s plans was included in an announcement by Gov. Mike Pence outlining the plans of 17 companies to expand in Indiana and create 648 new jobs in the process.

“This year, Indiana set an historic employment record with more Hoosiers working now than at any time in our state’s 200-year history,” he said in the statement.

“That number continues to rise because job creators, like those joining us here today, recognize the benefits of doing business in the Hoosier state. Companies both large and small are finding success and creating jobs across Indiana because we are a state that works.”

The new jobs created by the expansion are expected to pay an average annual salary of more than $82,900, which the IEDC said was 85 percent above the average Indiana wage.

This year, IEDC secured commitments from 323 companies to create 26,555 new jobs during the next few years and invest $4.8 billion in their Indiana operations. The new jobs will come with an average hourly wage of $24.87, which is higher than the current state average of $21.55.

About 30 percent of the expansion paying wages above the state’s average are in manufacturing, the statement said.