Jobs & Economy in Bloomington

Bloomington's economy runs on a genuinely diversified base: Indiana University itself, Cook Group/Cook Medical's substantial medical-device manufacturing, and the nearby Crane defense-industry cluster.

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Cook Group/Cook Medical's substantial manufacturing base

Cook Group/Cook Medical, headquartered in Bloomington, employs more than 12,000 people with over $2 billion in revenue -- one of the largest privately held medical-device manufacturers in the US.

Indiana University as a direct employer

Beyond its enrollment impact, IU itself is a major direct employer in Bloomington, alongside the broader university-adjacent service economy it supports.

Naval Support Activity Crane, nearby

Naval Support Activity Crane, roughly 30 miles southwest of Bloomington, is a real, substantial regional defense-sector employer drawing on the broader Bloomington-area labor pool.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.