Growing the Region
An all-new facility for EG&G (a subsidiary of the $5.4 billion
urs corporation) is complete, and SAIC, the nations seventh
largest efense contractor, moved operations into the park in
2008. In it's first phase, the WestGate will offer about 100,000
sq. ft. of new mixed-use facilities to serve major and local defense
companies. To date about $11 million in private equity has been
invested by the WestGate @ Crane Ddevelopment Co. in the park,
with an additional 10 million in the next 12 months.
What does the future for the WestGate possibly hold? According to
Indiana Lt. Governor Becky Skillman: The WestGate represents
a strategic opportunity for the creation of high-impact jobs and
regional growth for south central and southwest Indiana.
The park's potential to spur broad economic development across
the region is an asset to the growth of Indiana's defense industry. Growth in the park today continues to quickly progress as
WestGate Development Co., the company spearheading
development efforts in the Technology Park, has finished or
is currently constructing new tenant space in the park including
specialty built-to-suit facilities. Additionally, the WestGate authority regional governing body for the Technology Park continues
to provide oversight and fund the marketing and promotion of the
WestGate. Throughout the next 12-24 months, plans exist for building
120-150,000 sq. ft. of new construction.
Several major commercial defense companies have either already located
in the park, or have signed lease agreements and are awaiting the completion
of construction. Current WestGate defense contractors include:
EG&G EG&G, a wholly-owned subsidiary of the $5.4 billion urs
corporation (NYSE: URS), occupies an all-new technology facility in the
WestGate Park. The 25,000 sq. ft. facility was designed to be expanded
to 40,000 sq. ft. and will initially house 50 employees.
SAIC Science Applications International Corporation (SAIC) is
a fortune 500 company and one of the leading contractors for the
Department of Defense and Homeland Security. The company also
represents one of the largest civilian contractors for the nearby Naval
Surface Activity (NSA) Crane. SAIC occupies a new 37,800 sq. ft.
2-story facility and brings about 75 new jobs to its current high-tech
workforce in south central Indiana.
NAVMAR NAVMAR is a Pennsylvania-based national defense
contractor that offers analytical, engineering, science and state-of-the-art
technology services to address the needs of government and industry.
The company will initially occupy 7,000 sq. ft. and employ 15 engineers
at the facility.
Technology Service Corporation (TSC) is a national defense
contractor and a high technology company that provides engineering
consulting services and specialized electronics and software products
to the U.S. government and private industry. The company occupies
approximately 5,000 sq. ft. in one of the two business accelerator
buildings currently housed in the WestGate Technology Park and
initially employs 15 people at the location.
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