Teleflex Moves its N.C. Facility

North Carolina Governor Pat McCrory announced that Limerick, Pa.-based medical device maker Teleflex Inc. will be moving its N.C.-based unit out of Research Triangle Park to Morrisville, N.C. The move is part of an expansion project to total $20 million in investment in the coming years.

According to the governor, the company has promised 75 new jobs at the new facility within three years. Currently, Teleflex employs 442 people in the Triangle, who will all be relocated to the new five-story building in Morrisville. In exchange for the jobs pledge, Teleflex will receive a $200,000 performance-based grant from the One North Carolina Fund. Companies awarded these grants receive no money up front and must meet job creation and investment targets in order to qualify for the funds.

The new jobs will be mostly professional and technology positions that the North Carolina Department of Commerce projects will bring an additional $5.4 million annually in payroll to the state. Salaries will vary by function; officials from the commerce department said many will be senior positions with average wages in excess of the Wake County average of $48,042.

“Our business has flourished in North Carolina since the early 90s, thanks to the talent and dedication of our people,” stated Benson Smith, chairman, president and chief executive officer of Teleflex. “Our company is growing, and this new facility will provide our employees with a world-class environment for collaboration, innovation and career growth.”

Teleflex provides manufacturing services for vascular access, respiratory care, general and regional anesthesia, cardiac care, urology and surgery. The company’s OEM division also makes orthopedic devices and instruments for device manufacturers.