Governor Haslam, Commissioner Hagerty Announce MicroPort Orthopedics Inc. to Expand Current Headquarter Operations in Shelby CountyTuesday, June 10, 2014 | 10:30 am
Orthopedics Manufacturer to Invest $100 Million, Create 171 New Jobs
NASHVILLE—Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty, along with MicroPort Orthopedics Inc. officials today announced the company will expand its current headquarter operations in Shelby County. The orthopedic implant and instrument manufacturer will invest $100 million over the next five years in product design, manufacturing capability, and world class training and education facilities at its existing location in Arlington, Tennessee and create 171 new jobs.
“I want to thank MicroPort Orthopedics for their continued investment in Tennessee and the new jobs they are creating in Shelby County,” Haslam said. “Expanding companies already located here is one of our priorities, and this announcement supports our goal of becoming the No.1 location in the Southeast for high quality jobs.”
“Tennessee exports over $32.4 billion worth of products around the world, of which medical equipment and supplies are our top category,” Hagerty said. “Our state’s strength in research and development allows global companies like MicroPort Orthopedics to feel confident in their continued investment, knowing their commitment to innovation is valued and supported in Tennessee. I appreciate MicroPort Orthopedics’ decision to expand in our state and the valuable jobs they are creating in the Memphis community, and I look forward to their further growth in Tennessee.”