Fort Wayne Metals plans to expand its Allen County, Ind., operations and create up to 337 new jobs by 2021. The new jobs will be created in all areas of the business, including thermal processing, production and maintenance. The company will invest $51.1 million to expand and enhance its northeast Indiana operations, which will increase production capacity for precision wire and wire-based components for the medical-device industry and other critical applications.

In order to meet growing demand for its products, Fort Wayne Metals plans to construct a two-story, 40,000-square-foot addition to its corporate office building and will also revitalize a 60,000-square-foot building recently purchased for expansion. Construction is scheduled to begin this year.

Fort Wayne Metals is a global leader in manufacturing precision wire and related components for use in life-saving medical devices and other critical applications as well as non-medical applications, including aerospace and defense. In addition to its facilities in North America, the company also has locations throughout Asia, Central America and Europe.