GKN Sinter Metals to Expand in Indiana
August 28, 2012
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.