FORT WAYNE, Ind. (WANE) Local healthcare malpractice insurer MedPro announced Tuesday plans to expand its corporate headquarters at the corner of St. Joe Center and Reed Road.
The expansion, a $5.5 million investment, will add 10,500 square feet and some 70 new jobs, MedPro said in a news release Tuesday afternoon. The company hopes it will meet what it called “a growing demand fueled by development across its divisions.”
“Since 1899, MedPro has been proud to call Fort Wayne, Indiana our home,” said Tim Kenesey, president and chief executive officer for MedPro. “As we further strengthen our position as the nation’s leading healthcare liability insurer, both Fort Wayne and the state of Indiana provide a great environment for business and employee growth and expanded customer solutions.”
MedPro, a subsidiary of Warren Buffett’s Berkshire Hathaway Inc., employs more than 650 across the country, including 400 in Indiana. The company insures more than 140,000 healthcare providers.
Fort Wayne Mayor Tom Henry said MedPro’s commitment to Fort Wayne is a positive force for a city on the move.
“The city of Fort Wayne continues to be a leader in job and business growth as we work together to make a positive difference in our community,” said Henry. “We appreciate the commitment being displayed by MedPro Group as the company looks to grow and invest in Fort Wayne. I continue to be encouraged by the momentum and excitement we’re experiencing in our city.”
Added Indiana Gov. Mike Pence: “Indiana employment has reached a record high, with more Hoosiers working today than ever before. And with the continued work of job creators like the team at MedPro, we’ll continue to build the strength of our Hoosier economy, bolstered by the pro-growth business climate we have here in the state that works. Indiana is strong and growing stronger, and a key part of that momentum is the growth of companies like MedPro.”
Construction on the addition should begin this fall, MedPro said.
Those interested in applying for one of the 70 expected new jobs can visit www.medpro.com/careers.