Biomet Expanding at Home

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 (Warsaw is the county seat) council meeting, a representative from Biomet requested economic development area status for parts of Biomet’s campus that will undergo expansion, according to local news outlets. The economic development status is one of the first steps to securing a tax abatement status for the project. The council approved the new designation, however, Biomet will formally have to ask the council 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.
Warsaw, which has a population of only 12,500, is home to three of the world’s largest orthopedic manufacturers—Zimmer Inc., DePuy Orthopedics Inc. and Biomet.