WARSAW — Zimmer Biomet has announced plans to acquire a company specializing in robotics that will take its surgical abilities to a new level.

The Warsaw company has reached an agreement with Monogram Technologies of Austin, Texas, to acquire the company for roughly $177 million, according to a news release issued Monday.

Monogram’s semi- and fully-autonomous robotic technologies are expected to complement and expand Zimmer Biomet’s ROSA Robotics platform.

Zimmer Biomet said it expects the move will provide "a clear pathway to become the first and only company in orthopedics to offer a fully autonomous surgical robot."

To see the full statement, click here.

To better understand what makes this company exciting, check out this conversation.

The post Zimmer Biomet acquisition expected to propel growing emphasis on robotics appeared first on News Now Warsaw.

WARSAW — Safe-Way Garage Door, a portfolio company of CW Industrial Partners, announced on Thursday it has entered into an agreement to acquire all assets of 1st United Door Technologies. While details of the agreement remain confidential, the acquisition signifies a strong partnership between two regional overhead door manufacturing leaders.

The acquisition allows Safe-Way to expand its distribution network into key western markets while creating distribution opportunities for 1st United within the eastern half of the U.S. "We are excited about the combined footprint of 1st United and Safe-Way Door because it enhances our national presence and provides faster, easier access to a broader range of products for our customers," said Ted Rock, Safe-Way Garage Doors CEO.

While the combined company will be based in Warsaw, Ind., the organizations will continue to operate as they do today from their existing manufacturing and distribution centers under their respective brands. "Our customers have come to know and trust the 1st United name. We chose to partner with Safe-Way, and our customers can rest assured that all the benefits that come with the combined organization will still allow for the 1st United identity and customer-centric culture to continue, which is critical to the combined companies' future success," said John Jella, 1st United Door Technologies founder.

Rock added, "Safe-Way Garage Doors and 1st United Door Technologies are committed to sustainable business practices, with products proudly made in the U.S.A. As we embark on this new and exciting journey, our combined expertise, shared cultural values, and focus on customer satisfaction lay the foundation for a future defined by profitable growth in the overhead door industry."

Safe-Way Garage Doors is a leading manufacturer and distributor of residential, commercial, and industrial overhead garage doors, headquartered in Warsaw, with distribution centers in Murfreesboro, Tenn., and Nixa, Mo. The company has experienced continued growth over the years and expansion continued throughout the 1990s and beyond, with additional manufacturing capabilities and product line innovation.

Since 1999, 1st United Door, headquartered in Tempe, Ariz., has been serving homeowners with unique and distinctive garage doors that enhance the beauty and value of homes. With over 150 years of combined door installation and manufacturing experience, its founders and management team are known for providing value, innovation and quality products at competitive prices. For more information, visit http://firstudt.com/company.

The post Safe-Way Garage Door acquires 1st United Door Technologies appeared first on News Now Warsaw.

INDIANAPOLIS -- Indiana American Water President Matt Prine on Tuesday announced the company’s acquisition of the Claypool water system.

The acquisition of the Claypool water system for $700,000 was approved by the Indiana Utility Regulatory Commission on Feb. 22 and closed by the town of Claypool on Tuesday.

The utility already provides water service to several nearby communities so the acquisition appears to be a "good fit" as they continue efforts to expand its presence across Indiana.

Town Council President Benny Stage predicts Claypool customers will benefit from Indiana American Water’s experience and expertise and the company’s large customer base across the state will provide much greater economies of scale and future rate stability.

The post Indiana American Water acquires Claypool water utility appeared first on News Now Warsaw.