Fort Wayne Metals has signed a letter of intent to lease space at Electric Works, making it one of a dozen commitments penned for the campus.
The company has initial plans to dedicate space for materials research and development on the project’s West Campus. Fort Wayne Metals, founded in 1971, is a leading manufacturer of wire-based projects.
In October 2017, the business announced plans for a $51.1 million investment and addition of more than 300 jobs by 2021. A venture supported by city and regional economic development groups.
“As we continue to be innovative leaders of life-saving, high-quality material solutions, we are experiencing a global increase in demand,” said Scott Glaze, president and CEO of Fort Wayne Metals.
Fort Wayne Metals isn’t the only big player signing an agreement. In October 2018, Parkview Health and RTM Ventures were in the process of finalizing a 10-year agreement for Parkview to be a tenant. Parkview plans to open a healthcare clinic at Electric Works.
Medical Informatics Engineering also signed a letter of intent to add the center as well as a state-of-the art “virtual presence” training center on the campus. Fort Wayne based MIE built a Med-Web network to facilitate electronic data exchange between area hospitals, physicians and healthcare providers.
“From the beginning, we’ve worked closely with Greater Fort Wayne, the Northeast Indiana Regional Partnership and other organizations to ensure Electric Works plays a key role in supporting and strengthening the industry sectors so important to our regional economy,” said Jeff Kingsbury, of RTM Ventures, the development team behind Electric Works.
The overall project is a plan to turn the former General Electric campus into a mixed-use district. Electric Works is expected to bring over $300 million to Fort Wayne.
If you have something you would like to see at Electric Works, you can let the planners behind the project know here.