DePuy plans $27 million upgrade (Sherry Slater @ Journal Gazette)
One of Warsaw’s Big Three is getting a little bit bigger.
DePuy Orthopaedics Inc. plans to invest $27 million in manufacturing and research equipment at its Warsaw operations, according to an abatement request filed with the city of Warsaw.
The orthopedic devices maker, which employs 1,150, doesn’t expect to add jobs as part of the project, according to the filing.
Warsaw officials this week approved the request, giving the company a 10-year break on taxes assessed on the machinery. The equipment is scheduled to be installed sometime before 2014.
The investment will be divided between manufacturing equipment, $20 million, and research and development equipment, $7 million.
Jessica Masuga, DePuy spokeswoman, wrote in an email that the equipment “will add important new state-of-the art capabilities and increase efficiency at the Warsaw facility.” She declined to comment further.
The planned spending spree is only one of several changes for the international company.
DePuy is also breaking in a new president, Andrew Ekdahl, who took office in June. His predecessor, David Floyd, resigned in February amid lawsuits allegi...
