Tyber Medical, a medical device manufacturer in Hanover Township, Northampton County, is looking to expand by taking over space in an adjacent building by the end of next year.
The company, which performs contract manufacturing of its orthopedic devices off-site, is looking to bring more manufacturing in-house by adding equipment, hiring workers and renovating the nearby space as part of a $3 million project.
The company made the announcement Tuesday morning in conjunction with a tour by the state Department of Community & Economic Development Secretary Dennis Davin.
Tyber Medical develops and markets implants in the spine, trauma and extremities markets as a private label orthopedic device company, said Jeff Tyber, president, CEO and founder. About 70 percent of the company’s devices are manufactured throughout Pennsylvania, including at a contract manufacturer off Airport Road. The remainder is manufactured in Europe, New Jersey and surrounding areas, Tyber said.
All of the products are designed here, he said. The goal is to retain existing space for more research and development and use the larger building next door for manufacturing.
The company has 12 employees and would like to add a few more by the end of the year, Tyber said. When the company relocated last year, it had four employees, Tyber said. By 2018, the company wants to grow to 25 employees.
To find the right candidates, Tyber Medical tapped into local universities, he added.
Last year, the company received a funding proposal from Pennsylvania that included a grant, tax credits and a loan, prompting it to relocate from its New Jersey locations in Landing and Morristown to its 4,200-square-foot site at 83 S. Commerce Way in Northampton County.
Lehigh Valley Economic Development Corp. offered general support for Tyber Medical’s relocation.
The Governor’s Action Team, a group of economic development professionals who report to the governor and work with businesses that are considering locating or expanding in Pennsylvania, coordinated the move in collaboration with LVEDC.
The tour included a discussion with state and local officials on the company’s products and growth plans.
“In this part of Pennsylvania, we are well linked to New Jersey and New York, being competitive on building, pricing and doing it with partnerships is a great, winning combination,” said Don Cunningham, president and CEO of LVEDC. “Your potential for growth in the commonwealth is great.”
Davin said Pennsylvania is earning a reputation as the best place to do business, particularly for the medical device sector.
“This is a real big area for life sciences, medical devices; we are looking for opportunities like this all the time,” Davin said. “It is our hope that we could have you grow here and want to make it as easy as possible for you to do that.”
The cost of living and workforce talent are two elements that are better here than in New Jersey, according to Davin.
Tyber Medical is heavily engineering-based and is looking for employees with strong skills in the mechanical engineering and aerospace fields.
Next year, vertical integration is the big initiative for the company so it can do more manufacturing and engineering here, Tyber said.
The site where it wants to expand is about 10,000 square feet and once was occupied by a St. Luke’s dialysis center.
“We always knew we would expand,” Tyber said. “It has everything we need for manufacturing.”
The company will build a clean room in another part of the building, which could bring jobs for technicians and packagers, he said.
Tyber Medical is looking to be in the new space by the end of next year, he said.
“We want to bring about 80 percent of the manufacturing here,” Tyber said. “For us, it’s the growth, the expansion we see in the Lehigh Valley. It’s positive for our employees. It’s easier to attract employees to this region.”
Bigger companies can use his company as a satellite for developing products, Tyber said, noting that the company’s products are Food & Drug Administration-approved.
Tyber Medical is looking to launch three products next year, he added.