Knee Bend, Indiana

Zimmer Holdings Inc., a maker of surgical products such as hip, knee, and spinal implants, plans a $66 million expansion of its manufacturing facility in Warsaw, Indiana. The project will add 120,000 square feet to its manufacturing facility, 100,000 square feet to its distribution center, and more than 140 jobs in manufacturing and distribution by 2008. The company already hires 2,200 people in Warsaw, which is in Northern Indiana.

If Zimmer adds the jobs by 2008, it could receive up to $1.9 million in tax credits from the state.

Zimmer recently launched a direct marketing campaign for its Gender Solutions Knee for women. The new knee has been boosting Zimmer's sales of surgical products since it was introduced last year.




Sources: The Fort Wayne News Sentinel via AP, Zimmer, Trading Markets