Fort Wayne Metals, a manufacturer of wire-based medical materials, has signed a letter of intent to lease research and development space at Fort Wayne Electric Works, a space formerly occupied by GE in Indiana.
“As we continue to be innovative leaders of life-saving, high-quality material solutions, we are experiencing a global increase in demand," said Scott Glaze, Fort Wayne Metals President and CEO. “Our investment in facilities, research and talent will help build the infrastructure necessary to meet this demand, and we are excited to be able to establish a presence at Electric Works and take advantage of the unique resources and opportunities it offers our team.”
In October 2017, the company announced plans to invest $51.1 million and add more than 300 jobs to its northeast Indiana operations by 2021.
Fort Wayne Metals employs ~1,200 people and has Indiana operations in Fort Wayne and Columbia City, as well as a facility in Ireland. The company’s wire materials are found in orthopaedic products including fracture fixation, spinal devices, bone screws, cerclage cables, bone pins, nails, guide/spinal/reamer rods and suture wire.
Source: Journal Gazette, Fort Wayne