Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Medical Devices articles below.
In response to COVID-19, the U.S. International Development Finance Corporation will loan the company $590 million to build a facility in Research Triangle Park.
The Japan-based pharmaceutical and medical device company cited local industry resources as key to locating its U.S. operations in Montgomery County, MD.
Staunton River Plastics will build a new 250,000-square-foot plant in Hurt, VA, creating more than 200 new jobs over four years.
In response to the COVID-19 pandemic, ZOLL Medical Corporation will increase production of ventilators 25-fold over recent production volumes.
Fiat Chrysler Automobiles will join the battle against the coronavirus pandemic by manufacturing and donating more than 1 million face masks per month.
The company, which provides additive manufacturing technologies for biomedical manufacturers, will create 110 jobs over the next five years with the expansion of its Bartlett, TN operations.
The move to Lexington, MA marks the first time Fujifilm's various healthcare groups—computed tomography, digital radiography, women's health, endoscopy, minimally invasive surgery, and medical IT—will be headquartered in a single location.
The orthopedic and medical device maker will invest $2.5 million to relocate its U.S. headquarters from Chicago to Franklin, TN.
Plans include an expansion of state-of-the-art surgeon education lab, creation of a new technology innovation center and extension of work space as the company’s talent base grows.
The medical device startup will locate its new headquarters in Jeffersonville, IN with support from the state’s venture development partner.
California-based EasyDial is investing more than $21 million to build a new production facility in Chesterton, IN, creating up to 96 new jobs.
Arthrex, a global medical device company in orthopaedics, is expanding in Ave Maria, FL and will create more than 350 jobs at the 218,000-square-foot manufacturing facility.
Rapid advances in technology for new medical devices are outpacing evolving regulatory frameworks, creating a challenge for this sector.