A manufacturer of medical devices plans to hire up to 60 workers by 2015 when it establishes a new facility in Warsaw.
Micro Machine Co., based in Kalamazoo, Mich., is opening a plant in which it plans to invest $2.8 million to lease, renovate and equip an existing 11,000-square-foot space in Warsaw. The new facility opened its doors in September, according to the Indiana Economic Development Corp.
Micro Machine, which currently has 72 employees in Kalamazoo and eight in Warsaw, will continue hiring additional machinists and quality-control workers early next year.
Founded in 1964, Micro Machine provides precision machined parts for the medical device industry, with a focus on the orthopedic and spinal industries. Two of its biggest customers, DuPuy Orthopaedics and Zimmer, are in Warsaw, the IEDC said.
The IEDC offered Micro Machine up to $550,000 in conditional tax credits and up to $35,000 in training grants based on the company's job-creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Kosciusko County approved additional property tax abatement at the request of the Kosciusko Economic Development Corp.