Medical device company Mach Medical has announced plans to invest almost $14 million in Whitley County to build a factory, creating up to 132 jobs in the next five years, county economic development officials announced.
The manufacturing, rendering and design facility will be in Columbia City's Park 30, which is between Fort Wayne and Warsaw, the home of orthopedic giant Zimmer Biomet Holdings.
Mach Medical is a contract manufacturing company that builds joint replacement implants unique to each patient, a process that reduces costs by 30% and inventory levels by 80%, company officials say.
Steve Rozow, Mach Medical's general manager, commented on the new company's plans.
“We are really excited about the opportunity we have at Mach Medical to make a significant impact on the cost, quality and performance of orthopedic implants in the U.S. and around the world,” he said in a statement. “Our factory will leverage Industry 4.0 cutting-edge technologies and represents the next generation of manufacturing jobs.”
The high-tech STEM jobs will pay $37.41 an hour on average plus benefits.
Jon Myers, president of the Whitley County Economic Development Corp., welcomed the area's new employer.
“As I have said many times in the past, our talented craftsmen and innovators in Whitley County and northeast Indiana are as good or better than anyone else in the world,” he said in a news release. “It is great to see others, like the folks at Mach Medical, recognize that as well.”
Among the states Mach Medical officials considered for the investment were Texas and North Carolina, officials said Monday in a news release.
The site chosen is within one of Whitley County's tax increment financing districts.
The county's Redevelopment Commission assisted with site development in lieu of offering a tax abatement.
The Indiana Economic Development Corp. has offered the company up to $1.75 million in condition tax credits, based on Mach Medical's plans to create up to 105 new jobs by the end of 2023.
Weigand Construction is building the 36,000-square-foot factory, which will sit on property that can accommodate an expansion of up to 64,000 additional square feet.
Construction will begin immediately and is scheduled to be completed next fall.