CLEVELAND, September 28, 2020 – Invacare Corporation, a leading manufacturer and distributor of medical equipment headquartered in Elyria, OH, is expected to add approximately 45 new positions at its manufacturing site in Elyria with the launch of a new oxygen concentrator to address rising global demand for respiratory equipment. Invacare plans to build a 10,000-square-foot clean room within its Taylor Street facility to enhance its manufacturing capabilities to produce its new Platinum NXG stationary oxygen concentrator. The company is also evaluating other opportunities which are anticipated to result in approximately 100 additional jobs in its Elyria/North Ridgeville campus over the next three years.
The growth at Invacare’s main campus further cements the company’s commitment and confidence in the talent base in Elyria. The company also cited the business-friendly environment as a reason for choosing Northeast Ohio for the expansion. “Celebrating our 40th anniversary this year, Invacare has had a long and successful history in Elyria. We are pleased with the high quality of associates with strong manufacturing experience available in the area, and we look forward to expanding and strengthening our presence for many years to come,” said Matt Monaghan, chairman, president and chief executive officer.
The economic development team supporting Invacare’s expansion includes the city of Elyria, Lorain County, Ohio Development Services Agency (ODSA), JobsOhio and Team NEO.
“We are thrilled that Invacare is expanding its facilities in the city of Elyria and is stepping up to address this important rising need for respiratory equipment, especially as we combat COVID-19 globally,” said Mayor Frank Whitfield. “Invacare has been a beloved constant and anchor in our community for decades, providing a livelihood for generations of Elyria families. We welcome the company’s new era, look forward to the new jobs coming to our community, and are confident our skilled workforce can meet its needs. This is a celebration of Invacare’s commitment to Elyria and to global innovation.”
“With our dedicated business community and talent pool in Elyria, the Invacare expansion project will propel our community forward,” stated Representative Gayle Manning.
Team NEO CEO Bill Koehler added, “Invacare is taking a leadership role in helping patients recover from COVID-19. We are proud that such a strong champion for public health puts its confidence and trust in our region. Northeast Ohio’s robust, trained pool of manufacturing workers, together with its access to raw materials and suppliers, as well as its outstanding support network including ODSA, JobsOhio and Team NEO, stand ready to help Invacare prosper in its ongoing endeavors.”
About Invacare Corporation
Invacare Corporation is a leading manufacturer and distributor in its markets for medical equipment used in non-acute care settings. At its core, the company designs, manufactures and distributes medical devices that help people to move, breathe, rest and perform essential hygiene. The company provides clinically complex medical device solutions for congenital (e.g., cerebral palsy, muscular dystrophy, spina bifida), acquired (e.g., stroke, spinal cord injury, traumatic brain injury, post-acute recovery, pressure ulcers) and degenerative (e.g., ALS, multiple sclerosis, chronic obstructive pulmonary disease (COPD), elderly, bariatric) ailments. The company’s products are important parts of care for people with a wide range of challenges, from those who are active and involved in work or school each day and may need additional mobility or respiratory support, to those who are cared for in residential care settings, at home and in rehabilitation centers. The company sells its products principally to home medical equipment providers with retail and e-commerce channels, residential care operators, distributors and government health services in North America, Europe and Asia/Pacific. For more information about the company and its products, visit Invacare’s website at www.invacare.com.
About Team NEO
Team NEO is a private, nonprofit economic development organization accelerating business growth and job creation throughout the 18 counties of Northeast Ohio. As the designated JobsOhio Network Partner, we align and amplify local economic development efforts in Northeast Ohio’s 18-county region; we conduct research and data analysis to inform local conversations and influence solutions; we market Northeast Ohio as a region; and we work to increase access to jobs, education and training for the region’s 4.3 million people. For more information, visit teamneo.org.
About JobsOhio
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.
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