Medical device maker Biomet Inc. will expand operations at its base in the northern Indiana city of Warsaw and create 278 jobs by the end of 2012.
The Indiana Economic Development Corp. announced the expansion, saying Biomet plans to invest $26 million in the project by expanding its headquarters and research and development operations and upgrading equipment. The company also will transfer some manufacturing from New Jersey.
The state economic development agency offered Biomet up to $2.75 million in tax credits and up to $200,000 in training grants. The Kosciusko County Council has approved 10-year real and personal property tax abatements.
Biomet makes products used mostly by orthopedic surgeons for procedures like hip or knee implants.
You might like:
- Advanced Manufacturing Industry: Dynamic Advancements
- Automotive Parts Supplier Expanding In Indiana
- Shopping Bag Manufacturer Creating 100 Jobs In Georgia
- Data Cowboys
- Burn Baby Burn
- Duo Security, Inc. Adding 300 Jobs In Michigan
- Life Sciences Companies Face Talent Crisis
- Amazon.com Expanding In New Jersey
- GM Investing Over $788M, Creating 781 Jobs In Tennessee
- Thomson Reuters Expanding Texas Operations
- ChartSpan Bringing 300 Jobs To South Carolina
- Airbus Expanding In Virginia
- B. Braun To Add 175 Jobs In Florida
- Allergan Breaks Ground On $200M Texas Expansion
- Battle of the Box
Topic Tags: NJ