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Anderson company expands into 40,000-square-foot space

October 18, 2011
By Abbey Doyle The Herald Bulletin The Herald Bulletin Tue Oct 18, 2011, 09:30 PM EDT

ANDERSON, Ind. — Partnerships with several professional and collegiate athletic teams and a relationship with a national retailer have spurred an Anderson business to expand both its staffing and physical location.

Coeus Technology — producers of Monofoil and Ultra 7 — is aimed at reducing mold and microbials with green multipurpose products. The Flagship Enterprise Center-based company began more than three years ago, and as interest in the company and its products have grown, it is expanding.

“We have several things that are going on that will demand us to add probably 20 jobs over the next 12 months,” senior partner David Parker said. “But we want to stay in Anderson. We began in Anderson, and it is home for us. Our goal obviously is to put as many people to work as we can here while at same time maintaining our profitability.”

The jobs will be for warehouse personnel, manufacturing and marketing with announcements about how to apply for those jobs coming over the next few months.

The business is in the process of moving into the Flagship’s 80,000-square-foot, multi-tenant Accelerator Building dedicated a year ago. Coeus will occupy half of the space, allowing it to have its entire operation under one roof, Parker said.

“We are excited to be a part of the community and provide employment solutions to the community, oriented from a marathon standpoint, not a drag race,” he said.

Some of the projects in the works helping support Coeus’ growth include a partnership with the Dallas Cowboys, said Eric Huber, vice president of business development for Coeus. Right now the professional football franchise is using Monofoil in several different ways, including laundering the players’ jerseys that will protect them against Staph and other bacteria for up to 30 washes, spraying the equipment so there is no cross-contamination in the way of bacteria, fogging the product into the locker room or work out facilities to help control odors and even treat the artificial turf.

The Indianapolis Pacers are using Monofoil, as well as Indiana, Butler and Marian universities. And Coeus Technology is working with the Indianapolis Colts — who have used the product — to become a client, Huber said.

“We are very excited about how we are getting into the sports segment,” he said.

Flagship CEO Chuck Staley said the growth is an exciting thing for Flagship.

“We have watched them in the development phase, move onto the production cycle and now expand,” he said. “It brings me great satisfaction to see this disabled American veterans company make such real progress. I have a lot of pride in what they have done. I want to see it grow, and I’m glad they chose to stay here.”

The quality, versatility and uniqueness of the product are what has made the company take off, he said, pointing out he’s seen its vast uses firsthand.

“We think hospitals are going to find this product very attractive, universities, secondary schools, nursing homes — there are a lot of opportunities here,” Staley said.

Flagship will continue to search for the right tenant for the other half of the building with a focus on a compatible company, he said.

The company’s Ultra 7 is offered on Home Depot’s website, and Huber said the company hopes the product will soon be offered in the stores, which would lead to even more expansion.

“Things are going beautifully,” he said. “We have the highest rating possible, and our sales are growing every week. One of the big reasons is because people are finding out how great it works and that it is unlike any other technology out there.”

The company is in talks to bring the product to the brick-and-mortar stores.

“This is a technology that is brand new and on the leading edge,” Huber said. “The beauty of the product is that it has so many different applications. We want to be the leader of economic growth and at the forefront of that growth in Anderson to help this economy and the citizens of Anderson.”

Contact Abbey Doyle: 640-4805, abbey.doyle@heraldbulletin.com