INDIANAPOLIS—Arcamed Inc. has leased a 15,000-square-foot building here to assemble titanium and stainless steel case-tray systems for surgical instruments. The company plans to hire 71 people and is investing $1.4 million in equipment to begin production.
WEIRTON, WV—Pietro Fiorentini USA, a manufacturer of oil and gas control systems, plans to open a $9 million assembly plant here. The plant could employ 150 when fully operational.
WASHINGTON—CEOs’ expectations for the economy over the next six months have improved due to expected higher sales and capital spending, but expectations for hiring remain flat, according to the last economic outlook survey from the Business Roundtable.
BANNOCKBURN, IL—Executives at North American electronics manufacturing companies can expect, on average, a 2.9 percent pay increase this year, according to a new study from the IPC—Association Connecting Electronics Industries.
WASHINGTON—Production workers averaged 41.9 hours a week in February, according to the Labor Department. That tied December 1997 and January 1998 for the highest average since May 1944.
NOBLESVILLE, IN—Nexxt Spine LLC, a manufacturer of spinal implants, is consolidating operations and moving its headquarters and assembly plant here. The company expects to add 44 jobs by 2018.
DIXON, IL—SGS Refrigeration, a manufacturer of industrial cooling equipment, is moving production from Mexico to a new assembly plant here. The company hopes to add 100 jobs in the next few years.
SEATTLE—Boeing achieved a major milestone on Tuesday as the Federal Aviation Administration approved its plan to test fixes for the battery problems that have grounded its 787 jets since mid-January.
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