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

  • Zimmer will become Zimmer Biomet after acquisition
    Orthopedic device maker Zimmer said Thursday it will be called Zimmer Biomet after its combination with privately held competitor Biomet.
  • Profits slip at Franklin Electric Co.
    Franklin Electric Co. Inc. on Wednesday reported third-quarter earnings of $22.7 million, or 46 cents per diluted share, a 10 percent decrease from the $25.
  • $6 million ends Biomet suit
    Biomet Inc. has agreed to pay more than $6 million to resolve allegations that it paid kickbacks to encourage doctors to use its bone growth stimulators, the U.S.
Advertisement

Raytheon moving 'small number' of jobs to Mississippi plant

Rumors entire operation leaving untrue, company says

Raytheon is moving “a small number of positions” from Fort Wayne to its Forest, Mississippi, plant to more effectively use facilities, a spokeswoman said Friday.

The local operation is reducing its local facility footprint, which will result in some jobs going south, Corinne Kennedy wrote in an email response to a Journal Gazette query. She declined to say how many workers are affected.

“We will continue to maintain a strong engineering presence in Fort Wayne,” she said. “We routinely monitor all aspects of our business, including real estate, to ensure we remain positioned to deliver innovative, high value solutions to our customers.”

Rumors that the entire local operation is being relocated to Mississippi are not true, she said.

Advertisement