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Zimmer to Acquire Biomet

WARSAW, Ind. (April 24, 2014) – Zimmer Holdings, Inc. (NYSE and SIX: ZMH) (“Zimmer” or the “Company”) and Biomet, Inc.’s parent company (“Biomet”) today announced that their respective Boards of Directors have approved a definitive agreement under which Zimmer will acquire Biomet in a cash and stock transaction valued at approximately $13.35 billion, including the…

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Airport Going Global

SOUTH BEND, Ind. – St. Joseph County Airport Authority Board President Tom Botkin announced today that South Bend Airport (SBN) is becoming South Bend International. The Airport team, in conjunction with U.S. Customs and Border Protection (CBP), is working to build two distinct facilities; a General Aviation Facility and a Federal Inspection Station. Both of…

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German Industrial Hose Manufacturer Picks Indiana for First North American Facility

GELSENKIRCHEN, Germany (April 15, 2014) – Governor Mike Pence joined executives from NORRES, a German manufacturer of industrial hoses, today to announce the company’s plans to locate its first North American facility in South Bend, Ind., creating up to 32 new high-wage jobs by 2018.The Gelsenkirchen, Germany-based company will invest $1.87 million to purchase, renovate…

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70 New Jobs Coming to Pierceton (Shiloh Industries)

At last night’s Pierceton Town Board meeting, Shiloh Industries, headquartered in Valley City, Ohio, announced it had acquired the Contech Casting plant and operations in Pierceton and Auburn. The company will invest $3.3 million in facility renovations and new manufacturing equipment in Pierceton. Plant manager, Randy Kinsey noted that they had already begun renovations and…

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$6.7 Million expansion, 40 new manufacturing jobs Pierceton’s OMCO roll forming

OMCO, a manufacturer specializing in steel metal forming for the transportation industry, announced plans today to expand its operations in Pierceton. The Wickliffe, Ohio-based company will invest $6.7 million to renovate and equip its existing 85,000 square-foot facility in Pierceton, adding an additional 42,000 square-feet of functional manufacturing space by mid-2014. The expansion will allow…

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