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Business

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Briefs

BRC to add 51 jobs with Canada deal

BRC Rubber & Plastics plans to create 51 new jobs by 2013, the Indiana Economic Development Corp. announced late Monday.

The Churubusco-based manufacturer acquired equipment and intellectual property assets of Veyance Technologies Canada Inc. for an undisclosed sum. BRC will consolidate the work to its plants in Ligonier, Montpelier and Hartford City.

The Hartford City operation will add 40 new jobs. The remaining 11 will be divided between the other two facilities.

The Indiana Economic Development Corp. has offered the company up to $63,250 in training grants. The city of Hartford City approved an additional property tax abatement.

Founded in 1973, BRC makes rubber and plastic parts for the auto and industrial markets.

DePuy accepts offer for trauma business

DePuy Orthopaedics Inc. has officially accepted Biomet Inc.’s $280 million offer for its worldwide trauma business. Warsaw-based DePuy is owned by Johnson & Johnson. Rival Biomet, owned by a consortium of private equity firms, is also based in Warsaw.

The deal, subject to regulatory approval, was accepted May 24, according to a filing with the Securities and Exchange Commission.

DePuy delayed accepting the offer until after the European Union’s competition regulator approved Johnson & Johnson’s $21.3 billion acquisition of Swiss orthopedics maker Synthes.

The European Commission said J&J’s promise to sell its trauma business ensured “the merged entity would continue to face competition” and left doctors and patients with a sufficient choice of alternatives.

Facebook reviewing age limits on children

Though Facebook bans children younger than 13, millions of them have profiles on the site by lying about their age.

The company is now testing ways to allow those kids to participate without needing to lie. This would likely be under parental supervision, such as by connecting children’s accounts to their parents’ accounts.

Like many other online services, Facebook prohibits kids younger than 13 because federal law requires companies to obtain parental consent if they want to collect information about those children.

Many companies consider the parental-consent requirement too burdensome, so they simply ban all children younger than 13 instead.

But that ban is difficult to enforce. In many cases, parents themselves help children skirt it by setting up profiles for them and lying about their ages. There are an estimated 7.5 million kids younger than 13 on Facebook, out of more than 900 million users worldwide.

Verizon offers buyouts to wireline workers

Phone company Verizon Communications Inc. is offering buyouts to 1,700 workers, mainly call-center employees and technicians, as it continues to shrink its wireline business.

The offer applies to less than 1 percent of Verizon’s overall workforce of 191,800 as of the end March, and about 2 percent of its wireline workforce.

Verizon is cutting its wireline costs as households cancel their phone lines, opting to go to competitors or to rely on cellphones.

Verizon has been offering a series of buyouts. In 2010, it says 12,000 employees accepted such offers.

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