Mach Medical, manufacturer of joint replacement devices, will invest $14 million to build a factory, creating up to 132 jobs in the next five years in Whitley County, Indiana. Construction is underway and scheduled for completion next fall.
The 36,000-square-foot factory can accommodate an expansion of up to 64,000 additional square feet. The initial building will also house SITES Medical, which currently runs its operations in the Micropulse Orthovation Incubator.
Mach Medical’s proprietary high velocity, single-piece flow manufacturing approach is designed to reduce OEM implant inventory levels by 80%, trim per-part manufacturing costs by 30% and cut new product time-to-market by up to two years.
General Manager Steve Rozow said, “We are really excited about the opportunity we have at Mach Medical to make a significant impact on the cost, quality and performance of orthopedic implants in the U.S. and around the world. Our factory will leverage Industry 4.0 cutting-edge technologies and represents the next generation of manufacturing jobs.”
The Indiana Economic Development Corp. offered the company up to $1.75 million in condition tax credits, based on Mach Medical's plans to create up to 105 new jobs by the end of 2023.