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

  • Potential sale puts jobs in jeopardy
    Almost 200 jobs are in jeopardy as an Illinois-based lawn and garden company negotiates its sale, according to a filing with the Indiana Department of Workforce Development.
  • New rules on banks' risk in mortgage bonds eased
    New U.S. rules aimed at getting banks to take on more of the risk when they package and sell mortgage securities are being relaxed with an eye to spurring broader home lending.
  • CVS tacks tobacco payment to prescription network
    First, CVS Health pulled tobacco from its store shelves. Now, it plans to make some customers think twice about filling prescriptions at other stores that still sell smokes.
Advertisement

BAE breaks ground on $46 million electronics facility

BAE Systems broke ground this morning on a $46 million electronics manufacturing center near Fort Wayne International Airport.

“Wow. I didn’t think the day would ever get here,” said Bob Hoffman, BAE System’s local operations director.

Hoffman and others have been working on the project for more than three years. Even after construction, thousands of pieces of manufacturing equipment will have to be moved into the new, 334,000-square-foot building before the transition is complete, he said.

The British defense contractor employs more than 1,000 in Fort Wayne in engineering, management, operations and production jobs. Plans call for them to move into the new building by the end of next year.

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

sslater@jg.net

Advertisement