A northern Indiana company that makes hip replacements and other artificial joint products is planning to spend $27 million on manufacturing and research equipment.
Warsaw-based DePuy Orthopaedics expects to spend $20 million on manufacturing equipment and $7 million on research and development equipment and have it installed before 2014.
While the Johnson & Johnson subsidiary doesn't expect the investment to add jobs to its work force of about 1,100 people, the Warsaw City Council has approved a 10-year property tax abatement on the equipment.
DePuy spokeswoman Jessica Masuga told The Journal Gazette of Fort Wayne that the equipment will give the company's Warsaw facility state-of-the-art capabilities and improved efficiency.
DePuy, Biomet and Zimmer Holdings lead an orthopedics industry cluster that employs thousands in Kosciusko County.