Cassady Electrical Contractors, Huston Electric announce merger in Monroe County courthouse

On Wednesday morning, representatives of Cassady Electrical Contractors and  Huston Electric announced their merger, effective on April 1.

The venue for the announcement was the historic Monroe County courthouse rotunda. About the choice of location to release the news, Cassady Electric’s Randy Cassady described the rotunda to The B Square as the “heart of the community.” Continue reading “Cassady Electrical Contractors, Huston Electric announce merger in Monroe County courthouse”

Biopharma firm west of Bloomington gets $10.4M tax break, to make $225M investment, add 130 new jobs

A tax abatement worth a total of around $10.4 million, which was granted by Monroe County’s council on Tuesday night, has cleared the way for Simtra BioPharma Solutions (formerly Baxter Pharmaceutical) to build a 140,000-square-foot manufacturing facility at its Curry Pike facility just outside Bloomington’s western city limits.

According to Simtra, the investment means a $145 million investment in capital equipment, and another $80,000 in real property investment. The company says that the expansion will create 130 new jobs with an average salary plus benefits worth $73,379 a year.

Simtra’s paperwork indicates 1,039 current employees, so adding 130 would bring the total to around 1,169.

The company expects to have completed the project in about two and a half years, by September 2026. Continue reading “Biopharma firm west of Bloomington gets $10.4M tax break, to make $225M investment, add 130 new jobs”