Arthrex, a medical device manufacturer, will be expanding its operations in North Naples, creating 560 jobs and investing more than $63 million in Collier County, Florida.

Reinhold Schmieding, President/Founder of Arthrex, said, “Arthrex is committed to reinvesting in our community, and the best investment is growing our business right here in Southwest Florida. This investment will help us expand our research, manufacturing product development and medical education to help improve the lives of people in Southwest Florida with our company and around the world with our products.”

Governor Rick Scott said, “I am proud to announce that Arthrex is continuing to expand in Florida and will be creating more than 500 new jobs for families in Collier County. More and more manufacturing companies are choosing to invest and create new opportunities in our state because of our work to cut taxes and make it easier for job creators to succeed. I look forward to seeing Arthrex’s continued growth as we work to make Florida first for jobs.”

Crystal Sircy, Executive Vice President/COO of Enterprise Florida, Inc., said, “Arthrex continues to be a powerful job creator for Southwest Florida and we are excited to see them expanding in our state again. Arthrex is a global, innovative life sciences leader and we’re happy to see them find the talent and resources in Florida they need to be successful.”

Partners in the expansion include Florida Department of Economic Opportunity, Greater Naples Chamber of Commerce, Collier County, Florida Power & Light, CareerSource Florida and Enterprise Florida.

Cissy Proctor, Executive Director of the Florida Department of Economic Opportunity, said, “Florida’s health services industry is consistently a top job creator across the state, and Arthrex is a great company helping to fuel that growth. We are proud to be a partner with Arthrex as they continue to invest in Florida and provide job opportunities to many people in the Naples area.”

Kristi Bartlett, Vice President of Economic Development for the Greater Naples Chamber of Commerce, said, “To have a global medical device leader like Arthrex make this kind of investment shows their confidence in Collier County. The ripple effect of Arthrex’s physical expansion and the jobs created contributes greatly to our region’s growing economic strength. This is a prime example of the fruits of having a robust business retention and expansion effort.”

Commission Chair Donna Fiala said, “Collier County is so lucky to have a company like Arthrex that has become a true community partner. Arthrex has been a long and trusted friend of Collier County and has always delivered beyond expectations.”