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

  • New F-150 can compete with Silverado, Ford says
    DEARBORN, Mich. – Ford said its aluminum-sided F-150 pickup will hold its own against rivals despite its lighter weight.
  • Beer trend reversal brewing
    RICHMOND, Va. – Helping to quench a growing thirst for American craft beer overseas, some of the United States’ largest craft breweries are setting up shop in Europe, challenging the very beers that inspired them on their
  • SDI forges $1.6 billion deal for Mississippi mill
    Steel Dynamics Inc. is significantly expanding its steel production with the $1.625 billion purchase of a Mississippi mini-mill, officials announced Monday.
Advertisement

New Haven company to expand, add 47 jobs

A New Haven manufacturer plans to invest almost $3.8 million in a building expansion and new equipment. The project is also projected to create 47 new jobs during the next five years, Greater Fort Wayne Inc. officials said today.

Continental Diamond Tool, 1221 Hartzell St., designs and makes diamond-cutting and grinding products for the medical, oil and gas, automotive, aerospace and electronics industries.

The investment includes $400,000 to build 7,000 square feet of additional manufacturing space that will be filled with $3.375 million in new machinery. The building expansion also will include 7,000 square feet of office space.

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

sslater@jg.net

Advertisement