Tyber Medical plans new $3.8M Pennsylvania facility: 4 things to know

Written by Laura Dyrda | June 05, 2019 | Print  |

Tyber Medical plans to renovate a current facility and build a new one as the company's needs grow, according to a report in Lehigh Valley Live.

 

Four things to know:

1. The orthopedic device company estimates the new project will cost around $3.8 million and add 44 jobs to its facilities in Bethlehem, Pa.

2. The new 35,000-square-foot building will be more manufacturing space. The company has released 14 spine devices and 25 other orthopedic systems over the past seven years.

3. Tyber Medical received a Pennsylvania First grant totaling $100,000 and $132,000 job creation tax credit on the project.

4. In March, Tyber received a National Science Foundation Small Business Innovation Research grant of $225,000 for research and development into preventing surgical site infection during orthopedic procedures.
https://tybermedical.com/tyber-medical-llc-awarded-competitive-grant-from-the-national-science-foundation/

More articles on orthopedic devices:
Smith & Nephew acquires orthopedic joint reconstruction business — 4 insights
6 major Johnson & Johnson orthopedics developments in 2019
Zavation receives FDA approval for new spinal fusion device—3 insights

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies here.

Top 40 Articles from the Past 6 Months