US-based Coeus Technology has announced expansion of its operations in Anderson, Indiana by including new bottling, packaging and delivering products Monofoil and Ultra 7.
City of Anderson has granted $75,000 in financial assistance to Coeus, which can be used to purchase bottling and packaging equipment.
Coeus invested a total amount of $85,000.00 for the latest expansion project.
Mayor Kevin Smith said,"Coeus Technology demonstrates that Anderson is not only the right place for international and national companies to grow but also a place where start up or incubated business can progress, expand and succeed."
Since its incorporation, Coeus CEO Nate Richardson and other members have invested over $500,000 in the company, which produces Monofoil and Ultra 7 multi-purpose green products that are aimed at reducing mold and microbial.
