(Inside INdiana Business) – Fort Wayne Metals has announced plans for growth just over a week after being acquired by New York-based investment company Axel Johnson Inc.
The company, which manufactures precision materials used in the medical device industry and other industrial applications, confirmed to Inside INdiana Business that it plans to invest $18.5 million in its local operations and add 150 jobs in northeast Indiana.
“These investments in our facilities, manufacturing capabilities, technology, and research and development reflect our confidence in the future and our continued commitment to Fort Wayne, where we have been headquartered for more than 50 years,” CEO Jeremy Rohrs said in a written statement. “With the support of Axel Johnson, we are well positioned to keep growing, innovating, and creating opportunities for our employees, customers, and community.”…