Tyber Medical, an orthopedics device company in spine and trauma markets, will open a new site in Northampton County, Pa.
Here are five key points:
1. The new location will be the company's corporate headquarters and manufacturing operation.
2. This addition will create 25 new full-time jobs over the next three years.
3. Tyber Medical expects to invest $386,600 in the 4,200-square-foot site.
4. The company received a funding proposal from the Department of Community and Economic Development, which included a Pennsylvania First Program grant of $50,000 and $75,000 in Job Creation Tax Credits.
5. The Governor's Action Team, economic development professionals who report to Governor Tom Wolf, coordinated the project.
6. Tyber Medical's headquarters and manufacturing operations are currently in Morristown, N.J.
"Pennsylvania's initiatives are aligned with Tyber Medical's strategy to expand in a centralized location with close proximity to leading academic institutions," said Jeff Tyber, CEO and president of Tyber Medical. "The growing diversity of the medical device industry in the Lehigh Valley provides an outstanding opportunity to interact more directly with our customer base."