You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Kidney settlement derided
    DaVita Healthcare Partners Inc. this week agreed to one of the largest ever anti-kickback settlements in the U.S.But even a $350 million penalty isn’t enough to satisfy Jamie Court’s sense of justice.
  • 16 killed in northwest China coal mine collapse
     BEIJING – A coal mine shaft collapsed in northwestern China, killing 16 miners, an official said Saturday, highlighting the persistence of safety problems in the industry despite a leveling off of demand.
  • Disney woos Japanese moviegoers
    TOKYO – Disney executives call their next film “a love letter to Japanese culture.” No wonder: This nation can't get enough of animation, especially Disney's.
Advertisement

Fort Wayne Metals to expand, add jobs

Fort Wayne Metals Research Products Corp. is investing $29.4 million in an expansion project that will create up to 106 new jobs by 2017, state officials announced today.

Hiring is expected to begin this fall for production, administrative, and research and development positions, according to a news release from the Indiana Economic Development Corp.

Troy Linder, Fort Wayne Metals’ chief financial officer, said the investment is being driven by customer demand.

“As we continue to see growing demand for our products, both domestically and internationally, it is critical that we create an infrastructure that can support the needs of our customers,” he said in a statement.

Greater Fort Wayne Inc. simultaneously issued a news release about the investment. Its numbers were markedly different from the state’s release, saying that Fort Wayne Metals plans to invest $17.7 million and create 72 jobs during the next two years.

Because of the difference in time periods, both announcements could be correct. A company official couldn’t be reached immediately for confirmation. A spokeswoman with the IEDC agreed the time difference is the likely reason for the discrepancy.

For more on this story, see Thursday’s print edition of The Journal Gazette or visit www.journalgazette.net after 3 a.m. Thursday.

sslater@jg.net

Advertisement