Madison Region Economic Partnership

Jan 24, 2012

SHINE selects Janesville for biomed plant

Excerpted from Wisconsin State Journal
By Barry Adams

SHINE Medical Technologies of Middleton said Tuesday it will construct an $85 million manufacturing plant in Janesville that will employ more than 100 people with average salaries of $60,000 a year.

The company, which produces medical isotopes and cancer treatment elements, selected Janesville over Chippewa Falls, Stevens Point and locations in Louisiana and New Mexico.

Construction on the 35,000- to 50,000-square-foot facility won't begin until the company gets approval from the Nuclear Regulatory Commission, a process expected to take 18 to 24 months, according to Greg Piefer, SHINE's founder and chief executive officer.

"The community is great. Janesville has a lot of good people, the city leadership was really willing to work with this, and they were adaptive to our needs," Piefer said. "There's a feeling there that the city is trying to reinvent itself and we can be a part of that story."

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