Indianapolis – DCL Medical Laboratories was joined by Governor Mitch Daniels and Mayor Greg Ballard this morning to announce the company’s plans to expand its headquarters and clinical laboratory in Indianapolis.  The company will create 125 new life sciences jobs, invest more than $4.7 million and add more than 20,000 square feet of commercial laboratory space.   Founded in 1984, DCL has grown from a diagnostic cytology lab to a full-service regional reference laboratory with operations in Indianapolis, St. Louis and Louisville. The expansion will enable DCL to leverage its experience in cytopathology, clinical trials and product development to facilitate commercialization of emerging diagnostics discoveries.

FairWinds Advisors assisted DCL Medical Laboratories with the expansion of its corporate headquarters as well as negotiating and procuring economic development incentives.