Tyber Medical Moves HQ From New Jersey to Pennsylvania

Tyber Medical LLC, formerly headquartered in Morristown, N.J., is moving its corporate headquarters and manufacturing operations to a 4,200-square-foot site in Hanover Township, Pa. The company plans to invest $386,600 on the project, and has also committed to the creation of 25 new, full-time jobs over the next three years.

Tyber Medical received a funding proposal from the Department of Community and Economic Development including a $50,000 Pennsylvania First Program grant, $75,000 in Job Creation Tax Credits, and was also encouraged to apply for a $165,000 loan from the Pennsylvania Industrial Development Authority for machinery and equipment. Governor Wolf’s 2015-2016 budget invests an additional $25 million to the PA First program.

“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.”

The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to Pennsylvanie Governor Tom Wolf and work with businesses that are considering locating or expanding in the state, in collaboration with Lehigh Valley Economic Development Corporation.

“We’re very pleased that Tyber Medical has chosen to grow and create new, full-time jobs here in the Lehigh Valley,” said Don Cunningham, CEO and president of the Lehigh Valley Economic Development Corporation. “Health care is the region’s leading sector in terms of job creation, and the Lehigh Valley boasts many economic assets that make it an ideal location for the industry, including its strong workforce, well-developed transportation infrastructure, and proximity to major northeastern markets like New York City and Philadelphia.”

Tyber Medical LCC is a private label orthopedic device company that makes implants in the spine and trauma markets. The company was founded in August 2012 and in September 2013 it received U.S. and EU regulatory clearance for its spine devices. Tyber further expanded its product portfolio with 14 additional product lines in the trauma and extremity markets in March 2014.