Biomet Announces Warsaw Expansion, 260 New Jobs

Warsaw orthopedic company Biomet announced this afternoon a 21-million-dollar two-phase expansion that will bring approximately 260 new jobs to Warsaw.

The first phase of the expansion will involve converting a 30-thousand square foot building northeast of the Biomet campus to a facility capable of housing the manufacturing operations for the production of spinal implants. Biomet expects this phase to create more than 100 manufacturing jobs. The second phase will involve the construction of a 60-thousand square-foot addition to the southwest portion of the existing Biomet facility. Phase two will create at least 160 manufacturing jobs.

Phase one will be completed within two years, while phase two will take approximately four years to complete. The Indiana Economic Development Corporation offered Biomet more than two-point-four million dollars in incentives to expand in Warsaw, rather than at the company’s New Jersey location.