Biomet Plans to Expand at Home, Adding Jobs Too Biomet Inc. plans to invest $26 million in an exp

Biomet Plans to Expand at Home, Adding Jobs Too

Biomet Inc. plans to invest $26 million in an expansion that will create about 280 new jobs at its headquarters in Warsaw, Ind.

During a recent Kosciusko County (of which Warsaw is the county seat) council meeting, a representative from Biomet requested economic development area status for parts of the company’s campus that will undergo expansion, according to local news outlets. The economic development status is one of the first steps to securing tax abatement for the project. The council approved the new designation, however, Biomet management will have to ask the council formally for the abatement at a
follow-up meeting.

The plan is to renovate existing property and add new equipment, according to the company. New jobs will be added over the course of two years.

The small borough of Warsaw, which only has a population of about 13,000, is home to three of the world’s largest orthopedic manufacturers—Zimmer Inc., DePuy Orthopedics Inc. and Biomet.