Tyber Medical Expands Manufacturing Center in Hanover Township, Pennsylvania
According to state officials, the project includes expansion into a 35,000 square-foot building adjacent to their current facility, which also will be renovated. Additionally, funding will support the purchase of new equipment and job training for new and existing employees. The company plans to invest $3.8 million into the project, which is expected to create 44 new, full-time jobs and retain 35 existing jobs over the next three years.
“We are excited to have the continued support of Governor Wolf and the Commonwealth of Pennsylvania to expand our headquarters to accommodate the company’s rapid growth and future plans,” said Jeff Tyber, President & CEO of Tyber Medical. “Our focus to excellence within the orthopedic device industry has yielded extraordinary growth that we are meeting by attracting talent throughout the Lehigh Valley area.”
Tyber Medical received a funding proposal from the Department of Community and Economic Development for the project. The proposal includes a $100,000 Pennsylvania First grant, $132,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs, and $37,400 in funding to assist with workforce training. The company also was encouraged to apply for a $400,000 low-interest loan through the Pennsylvania Industrial Development Authority.
The project was coordinated by the Governor’s Action Team. “Tyber Medical’s expansion project is so important because not only does it provide good-paying, family-sustaining jobs for Lehigh Valley families, but also because it contributes to building Pennsylvania’s entire manufacturing sector,” Governor Tom Wolf said. “I applaud Tyber Medical for selecting Pennsylvania as the place to continue its growth in the years ahead.”
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