Greatbatch Inc. has opened its new $17.5 million orthopedic products factory in Fort Wayne, Ind., continuing the medical device and battery maker's string of recent investments in Indiana.
The 80,000-square-foot factory, built with the help of more than $3 million in incentives from Indiana officials, will develop instruments used in hip procedures, as well as spinal fixation and fracture fixation implants, the company said.
Thomas J. Hook, Greatbatch's president and chief executive officer, said at a ribbon-cutting Monday in Fort Wayne that if someone had asked him three years ago to predict where the company's newest plant would be built, he would have said it would be near the firm's headquarters in Clarence, the Fort Wayne Journal Gazette reported. But Hook said Indiana's aggressive bid to win the project paid off.
Greatbatch established an orthopedic design center in nearby Warsaw, Ind., in 2010 and invested $6 million in its Indianapolis factory that makes orthopedic delivery systems.
The company announced last month that it will move its corporate headquarters from Clarence to Texas.