Medacta, a Swiss-based orthopedic design and production company, announced a $2.5 million investment in Franklin on Friday at a ribbon-cutting ceremony in partnership with Williamson, Inc.
The company will bring 50 jobs over the next five years to its Cool Springs U.S. headquarters, located at 6640 Carothers Parkway. The location will house the company’s total joint (hip, knee and shoulder), spine and sports medicine divisions serving North America.
Medacta USA, a subsidiary of Medacta International, previously housed its U.S. headquarters in Chicago but relocated to Franklin recently.
Chief Executive Officer of Medacta Francesco Siccardi announced his commitment to Franklin on Friday, and said he had plans of growing the Franklin headquarters even more.
“I will do my best to outgrow this building as quickly as possible and to create a ton of new jobs in the wonderful area,” he said.
Tennessee Department of Economic and Community Development Commissioner Bob Rolfe explained some of the benefits Medacta will bring to Franklin, including family wage jobs that will bring “outstanding salaries.”
“We travel all over the globe, and there’s something special about what goes on in the county, in this community,” he said. “It’s a great day for our state. It’s a great day for this community.”
Williamson County Mayor Rogers Anderson and city of Franklin Mayor Ken Moore also thanked Medacta for choosing Franklin.
“We thank you for locating here,” Rogers said.
Moore, a retired surgeon, said he was excited when he heard the news that Medacta was relocating to Franklin, since it was related to a field he was familiar with.
“We pride ourself on having a great medical community here,” he said. “Our region is the healthcare capital of the world, and now this is going to continue to put our orthopedic surgeons in the spotlight for their excellence in our community and all across the country.”
Medacta’s focus on orthopedic education is one of the aspects of the company Moore admired.
“Thank you for the investment in our community,” he said. “We look forward to being great partners in helping you grow your company.”
Medacta was established in 1999 in Switzerland. Medacta International is headquartered in Castel San Pietro and Rancate, Switzerland and employees approximately 970 people.