Italy Invests in the US: Italy’s Genport Srl to Open NA Headquarters in West Lafayette (IN)
Posted by Machines Italia | 30 Mar 2012
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Italy's Genport Srl, a provider of products for the military, emergency and medical industries, will invest $2 million to lease and equip office and laboratory facilities at the Purdue Research Park located at 1281 Win Hentschel Drive. The facilities will house the company's hybrid fuel cell research and are slated to be operational this fall. "Indiana's first-rate business climate is being acknowledged globally thanks to firms like Genport," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "With our world-class research universities and business-friendly policies, Indiana continues to attract ground-breaking companies and innovative leadership."
Genport, which will partner with the U.S. Department of Defense and the Naval Surface Warfare Center at Crane, plans to begin hiring additional engineers in the coming months. "We chose to establish our U.S. subsidiary in West Lafayette to benefit from the tremendous environment of the Purdue Research Park and the state of Indiana," said Paolo Fracas, chief executive officer of Genport SRL. "We look forward to networking with the electro-medical and defense industries as well to establish research cooperation with Purdue University."
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