Johnson County business news: Oct. 21

Health network becomes first to offer latest technology

Community Health Network recently became the first site in Indiana to perform a procedure for atrial fibrillation incorporating the newest technology available called PolarX.

This innovative system is newly-approved technology designed to help patients battling certain types of atrial fibrillation (AFib). AFib occurs when the upper and lower chambers of the heart are not coordinating. This causes the heart to beat too quickly, too slowly, or irregularly.

The PolarX FIT Cryoablation Balloon Catheter is a unique device, the only one that offers two balloon sizes in one catheter. This capability allows physicians to address a wider range of pulmonary vein anatomies to better deliver treatment to areas of the heart where disruptive signals can cause AFib. This high-tech treatment can stop the signals leading to an irregular heartbeat.

Franklin company wins millions in new orders

IBC Advanced Alloys Corp. a beryllium and copper advanced alloys company, announces that it has won a new purchase order for its beryllium-aluminum alloy products from Lockheed Martin, the maker of the F-35 Lightning II aircraft and many other defense systems.

The value of the new order is approximately $7.38 million, which the company expects to fulfill in 2023 and 2024.

IBC also announced that it is currently exploring strategic options with potential partners, investors, and others with regard to its Massachusetts-based Engineered Materials Division, which produces beryllium-aluminum alloy components for defense and commercial applications, including potential joint ventures, a restructuring, a sale, or other options.

IBC Advanced Alloys is located at 401 Arvin Drive, Franklin.

Upcoming Aspire Events

Join Aspire Economic Development and Chamber Alliance staff for the 10 year anniversary celebration for Storm Chiropractic on Oct. 26 from noon to 1 p.m. Located at 622 N. Madison Ave., Greenwood.

Also join Aspire and Chamber staff for the VisionQuest Eyecare relocation ribbon cutting on Nov. 1 from noon to 1 p.m. They are now located at 2887 S. State Road 135 in Greenwood.

Johnson County Economic Outlook Breakfast will be held on Nov. 8 from 8:30 to 10:30 a.m. at The Sycamore at Mallow Run. The event will feature important facts, figures and forecasts that will be delivered by experts for your business planning. Local economist, Dr. Phil Powell, along with a panel of industry experts, will give the state of the Johnson County economy, share how it’s trending and forecast what the coming year holds.

Pre-registration for this event closes at 5 p.m. on Nov. 1. For more information and cost visit: aspirejohnsoncounty.com

Upcoming Franklin Chamber Events

Join Franklin Chamber of Commerce staff for a ribbon cutting ceremony to celebrate an Eagle Scout Project Completion on Wednesday at 3:30 p.m. at Province Park directly east of Garment Factory Events.

Also join the Franklin Chamber staff for a grand reopening celebration at The Sweat Shop on Oct. 26. The Sweat Shop is located in downtown Franklin at 229 S. Main St.

Join city of Franklin and Franklin Chamber staff for the official ribbon cutting ceremony for the completion of the Yandes Street Project, scheduled for Nov. 2 at 10 a.m.

Join Franklin Chamber staff for the grand opening of Scooter’s Coffee on Nov. 3 at 11 a.m.. Franklin’s newest coffee shop is located at 1730 N. Morton St.