GKN Sinter Metals to Expand in Indiana
GKN Sinter Metals announced the company’s expansion of its operations in Salem, Ind. In 2010, the PM components manufacturer committed to invest $3.45 million and create up to 50 jobs by 2013. According to WBIW.com, GKN Sinter Metals has since invested $7.1 million and created more than 75 new jobs at its 22,000-square-foot facility. The company has purchased sintering furnaces, compaction presses and automation for the furnaces and presses. GKN Sinter Metals has plans to invest $4 million in the next year and to continue hiring manufacturing and production employees.
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