Roche Diagnostics is planning to invest $300m over the next 10 years to expand operation at its headquarters in Indianapolis, Indiana, US.

Roche produces 2 billion strips of ACCU-CHEK products as well as develop and manufacture information technology at the160-acre Indianapolis campus.

As part of the expansion, the company will purchase manufacturing equipment for new diabetes care test strips, refurbish existing buildings and upgrade information technology equipment.

The expansion will help the company to grow its diabetes care and diagnostics businesses.

Roche Diagnostics president and chief executive officer Jack Phillips said, "As the leader in the in-vitro diagnostics industry, we’re proud to be a part of the growing life sciences movement in central Indiana."

Indianapolis Mayor Greg Ballard said, "We are thrilled with this investment by Roche and are proud to have corporate partners who share our commitment to building a community that is open for business, providing quality jobs for our talented workforce."