The Herald Bulletin

Morning Update

Local Business

January 14, 2014

Anderson firm recognized by governor

INDIANAPOLIS — About six years ago, business partners Nate Richardson and Dave Parker were in a 400-square-foot building at the Flagship developing a product that could “revolutionize” the way that products and people could be protected against harmful microbes.

Along with Anderson University’s Scott Kennedy, the local duo developed Coeus Technology and their product, Monofoil, which prevents the reproduction of staph, E. coli, MRSA, H1N1 and fungi. It can stay on surfaces for weeks and months.

Tuesday, Richardson, who is president of the firm, was singled out during Gov. Mike Pence's State of the State address in the Statehouse. Pence drew a comparison to Coeus while discussing his effort to eliminate the state's business personal property tax.

"Phasing out the business personal property tax will spur new investment by businesses large and small, like Coeus Technology, an advanced manufacturing startup in Anderson launched by a Marine veteran, whose products help support our troops," said Pence.

The governor said Coeus was one of the "Indiana success stories that we can help with the right kind of tax reform."

Richardson was in the gallery of the House chamber for Pence’s speech.

“He’s trying to make the case for relieving some of the burdens on small businesses like mine,” said Richardson.

“Indiana used to be a manufacturing hub. We’ve lost a lot of that. My goal, with the little I can do, is to try to bring that manufacturing back to Indiana,” he said, adding, “I want to help create jobs in the state. I’m a Hoosier born and bred.”

The company, 3619 W. 73rd St., has since expanded to Accelerator Building Two, a 40,000-square-foot facility in the Flagship business park, with more than 100 sales people throughout the country.

-- Maureen Hayden, CNHI Statehouse Bureau

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