Abbott will spend $37.6 million to open a medical device manufacturing facility in Westfield, Ind., according to the Indianapolis Business Journal.
The facility, which will be located in the NorthPoint Industrial Park, plans to manufacture the MetraClip, a transcatherter mitral valve repair system used to repair primary and secondary mitral regurgitation without open-heart surgery. The device has been implanted in more than 90,000 patients worldwide.
The Chicago-based company told the Indianapolis Business Journal it expects construction to start later this year and the facility to be fully operational by 2021.
The 120,000 square-foot facility will employ as many as 477 people by the end of 2024.
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