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

  • Column: Hog prices grind lower
    Hog producers have been able to offset animal losses by fattening up the remaining hogs on inexpensive corn.
  • GM boosted June sales with discounts to dealers
    As General Motors prepares to report monthly sales results on Friday, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls.
  • Target taps outsider as next CEO
    NEW YORK – Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers.
Advertisement

German company investing $4.5 million in Columbia City facility

DOT GmbH, a medical coating technology provider, is investing $4.5 million to lease, renovate and equip a building in Columbia City’s Blue River Industrial Park, state officials said Thursday.

DOT America Inc., which opened in October, is creating up to 20 new high-wage jobs in the next two years as it ramps up operations.

The Rostock, Germany-based orthopedics company has already started hiring at the 17,520-square-foot Columbia City location. The company employs more than 290 in Germany. DOT’s coating treatment is used on medical implants and instruments.

Gov. Mike Pence met Thursday with company officials. Hans Eifeler, DOT’s managing director, said the state has eased the process of opening the company’s first facility outside Germany.

“DOT chose to establish its North American operations in Indiana primarily because the world’s leading orthopedic companies are located here,” Eifeler said in a statement. “In addition, Indiana has a positive, welcoming business climate for foreign investors.”

sslater@jg.net

Advertisement