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Rocky Mountain Orthodontics outlines expansion plans; EDC finds company in compliance

Franklin City Economic Development Commission · December 10, 2024
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Summary

Representatives for Rocky Mountain Orthodontics reported roughly $2.7 million in personal property and nearly $500,000 in real property investments and forecast 100 employees by year‑end; the commission approved separate compliance findings for the facility's real and personal property incentives.

Rocky Mountain Orthodontics told the Franklin City Economic Development Commission that its project at 2165 Earlywood Drive has produced about $2.7 million in personal property investment and nearly $500,000 in real property investment, and the commission found the company in compliance on both the real and personal property items.

Devin McSherley McGuire, speaking for Rocky Mountain Orthodontics, said the company currently has about 73 employees at the Franklin site and expects to reach roughly 100 employees by the end of 2025. He described ongoing pursuit of additional acquisitions and investments to meet a stated real property target and said personal property investments should follow if acquisitions materialize. "We're expected to have a hundred employees by the end of 2025," he said.

Commissioners pressed the company on reasons the project lagged some original projections and the timeline for additional hires. Company representatives cited multiple moves during the pandemic, regulatory audits and a remote workforce—about 60 employees outside Indiana—as factors that slowed local hiring. They said the Franklin facility runs one shift now and could add a second shift or build‑out to increase capacity.

The commission split the compliance item into two motions: KC2025‑37 (real property) and KC2025‑38 (personal property). Both motions were moved, seconded and approved by voice vote; the record indicates at least one named opposition (Sean Taylor) recorded for the personal property motion. The commission recorded findings that the company is meeting wage and investment conditions under the CF‑1 compliance review.

The commission encouraged the company to continue reporting progress as investments and hiring continue to develop.