Appleton-area company expanding medical equipment training facility

Special to The Freeman

March 14, 2014

Technical Prospects is expanding its training center, which is expected to create 37 jobs at the facility in the Town of Grand Chute.
Photo supplied

MADISON – Technical Prospects LLC on Friday announced the expansion of its CT and X-ray training center, a project that is expected to create 37 jobs at its facility in the Town of Grand Chute.

Construction is now under way on the first phase of the company’s 20,000-square-foot Seimens CT and X-ray Training Center. Once completed, the $2 million, two-story training center will enable the company to launch its training program for clinical and biomedical engineers who service Siemens Medical Imaging Equipment, according to a statement. Technical Prospects will train medical staff on how to service and maintain their own equipment, which will result in significant cost savings to hospitals and other medical facilities, the statement said.

Company officials hope to partner with area colleges and universities to provide the technical training to students, according to the statement.

The Wisconsin Economic Development Corp. has agreed to provide the company with up to $175,000 in tax credits over the next three years. The actual amount of credits will be contingent upon the number of jobs created. The Outagamie County Prosperity Fund is also supporting the project with a $70,000 revolving business loan, according to the statement.

The state and county awards are earmarked for the second phase of the project, which calls for installing $420,000 in equipment in the new training center.

“Not only will the training center generate more than 30 family-supporting jobs in the Appleton area, but in the long run, this facility will help reduce operational costs for hospitals and clinics throughout Wisconsin,” said Reed Hall, secretary and CEO of WEDC, the state’s lead economic development organization. “That’s a win-win for the economy in the Fox Valley.”

www.technicalprospects.com