ZIONSVILLE, Ind. (Dec. 20, 2016) – Healer Health, a health care company specializing in the manufacture of diabetic shoes and orthopedic anatomical supports, announced plans today to relocate the operations of Kentucky-based Hylan Shoe Company to Indiana, creating up to 25 new Indiana jobs by 2021.
“As a national leader in life sciences and manufacturing, Indiana is the perfect choice for Healer Health,” said Jim Schellinger, president of the Indiana Economic Development Corporation (IEDC). “Across the state, companies like Healer Health are building products and making discoveries that improve the health and wellbeing of people around the world. We’re proud to have helped build a business climate in Indiana where these two industries are thriving, and where Healer Health is choosing to bring these great new jobs.”
The company, which acquired Hylan Shoe Company in March 2016, will invest $635,000 to open a 10,000-square-foot distribution center in the Mayflower Business Park in Zionsville, relocating from a facility in Owensboro, Kentucky. As the manufacturer of I-Runner Diabetic Comfort Shoes, Healer Health plans to launch operations at its new Indiana facility in January and will ship I-Runner shoes to customers across the country. Healer Health plans to begin hiring in December for marketing, warehousing and distribution positions.
Healer Health is owned by health and life science entrepreneur Todd Katz, who was the former owner of Bell-Horn, an orthopedic manufacturer that was sold in 2011 to DJO Global, a Blackstone Private Equity entity. Katz was also the founder of Home Health Depot, one of Indiana’s largest providers of home health care products, before selling the company in 2004.
“When searching for a place to grow Healer Health, I was looking for a business climate just like we have here in Indiana – home to low taxes, limited regulations and a loyal, dedicated workforce,” said Katz, chief executive officer of Healer Health. “Zionsville is a perfect location to build a new business.”
Healer Health, through its I-Runner brand, distributes shoes for individuals with diabetes to suppliers including pharmacies, hospitals, podiatrists and home health offices across the nation. With 33 million Americans diagnosed with diabetes across the United States, diabetes care is the fastest-growing managed segment of health care in the nation. Diabetic shoes, also known as therapeutic shoes, can help prevent skin-related health problems for people with diabetes, including ulcers and wounds, which helps reduce the need for amputations.
“The town of Zionsville is committed to helping accelerate economic growth in Zionsville by supporting innovative start-ups like Healer Health,” said Zionsville Mayor Tim Haak. “Healer Health has an impressive product and we are excited for their next phase of growth and expansion in Zionsville.”
The IEDC offered Healer Health LLC up to $185,000 in conditional tax credits and up to $40,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The town of Zionsville approved additional incentives at the request of the Boone County Economic Development Corporation.
Small businesses like Healer Health are thriving across Indiana, employing more than 1.2 million Hoosiers in all corners of the state and helping Indiana add 168,000 new jobs just since 2013. Meanwhile, supported by Indiana’s strong entrepreneurial environment, 72,000 new startups have launched in Indiana since 2011.
About Healer Health
Healer Health specializes in offering comfort shoes to men and women with feet concerns. These shoes are ideal for runners, diabetics and for everyday comfort to keep your feet healthy for years to come.