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Italy-Based Company Coming to WL

An Italy-based company is investing $2-million to locate in the Purdue Research Park.

Genport SRL will base its North American Headquarters at the site.

The company develops high-energy electric generators and batteries for military, emergency and medical industries.

Officials plan to hire 20 high-wage employees by 2015.

Tippecanoe County and West Lafayette, along with The Indiana Economic Development Corporation, are offering incentives to Genport.

The company plans to collaborate with Purdue on research projects in alternative energy, particularly related to fuel cell research.