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Economic Development News

Thursday, November 30 2017

North Manchester, IN -- Precision Medical Technologies, a contract manufacturer of orthopedic implants and instruments, announced plans today to expand its operations to Wabash County, creating up to 60 new jobs by 2022.

"Indiana's reputation as the orthopedics capital of the world is made possible because of growing companies like Precision Medical Technologies," said Elaine Bedel, president of the Indiana Economic Development Corporation (IEDC). "By leveraging our sound fiscal policies and pro-growth business environment, Indiana delivers the resources and the people that companies need. We look forward to witnessing Precision Medical Technologies' success."
 
The company, which already has facilities in Kosciusko and Noble counties, will invest nearly $5 million to expand its operations, purchasing and renovating a 9,000-square-foot manufacturing space at 400 Beckley St. in North Manchester. The site will house CNC machinery and related equipment to support the company’s new operations for disposable surgical instruments, and the company's current manufacturing implants and reusable instruments operations will continue at its existing sites in Warsaw and Rome City, Indiana.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 03:49 pm   |  Permalink   |  Email
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