L.H. Medical Corporation will expand its production operations creating up to 65 new jobs by 2013.
Updated: Thursday, 18 Nov 2010, 9:09 AM EST
Published : Thursday, 18 Nov 2010, 6:35 AM EST
FORT WAYNE, Ind. (WANE) - A Fort Wayne company is growing and that means new jobs.
Thursday morning, L.H. Medical Corporation announced that it plans to expand its operations in Fort Wayne creating up to 65 new jobs by 2013.
L.H. Medical Corporation, established in 2007, will invest $5.4 million to expand its manufacturing footprint from a 17,000 square-foot facility to a more than 60,000 square-foot building located at 6932 Gettysburg Pike in Fort Wayne.
The Indiana Economic Development Corporation offered L.H. Medical Corporation up to $550,000 in performance-based tax credits and up to $60,000 in training grants based on the company's job creation plans. Allen County will consider additional property tax abatement at the request of the Fort Wayne-Allen County Economic Development Alliance.
"L.H. Medical's expansion in Allen County is the successful result of our community coming together during tough economic times," said Commissioner Nelson Peters. "Sixty-five new high-paying jobs will soon be available to our area and resources will be provided to give the company an opportunity to build upon the already strong workforce found in Northeast Indiana."
L.H. Medical is a division of L.H. Industries, which was established as a tool and die shop in 1966. It currently employs 65 workers and specializes in custom medical device components for the orthopedic industry.
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