- Global medical device company to relocate engineering arm to Nashville
- Company’s Center of Excellence will create 38 new jobs and invest $4.5 million
NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Nissha Medical Technologies (NMT) officials announced today the company has selected Nashville, Tennessee, to relocate its engineering operations.
NMT will create 38 new jobs and invest $4.5 million through the project with plans to share incubator space for research and development (R&D) at Vanderbilt University as its new Center of Excellence. The medical device company will continue its collaboration with EndoTheia, an endoscopic designer and developer led by Vanderbilt faculty member Bob Webster, which first announced a capital and business partnership with NMT in 2023. The two companies intend to build upon their work, enhancing the maneuverability and precision of current endoscopic tools in close cooperation with Vanderbilt teams.
Long term, this industry-university partnership is anticipated to attract not only entrepreneurs from Vanderbilt but also medical device companies by offering students opportunities for internships and hands-on learning, while giving researchers direct access to specialized equipment, market insights and new industry connections through NMT’s external network.
Founded in 1909, Nissha Medical Technologies, headquartered in Buffalo, New York, is a global leader in medical device design and manufacturing, specializing in patient monitoring and surgical solutions. NMT is the medical devices business unit and wholly owned subsidiary of Nissha Co., Ltd., a publicly held company based in Kyoto, Japan (TSE:7915).
Japan is Tennessee’s top partner for foreign direct investment with more than 200 Japanese companies across the state that account for more than 57,000 jobs and $20 billion in capital investment.
QUOTES
“Creating opportunity for Tennessee’s highly skilled workforce by attracting the jobs of the future is a top priority for my administration, and we’ve been strategic in our efforts to diversify the state’s innovation ecosystem. I’m grateful for Nissha Medical Technologies decision to relocate their engineering headquarters to the Volunteer State and look forward to continued partnership with this forward-thinking company.” – Gov. Bill Lee
“We are proud to welcome Nissha Medical Technologies to Tennessee and can’t think of a better location than Nashville with its world-class healthcare ecosystem and research assets like Vanderbilt. Under Gov. Lee’s leadership and through historic investments in innovation, we are committed to advancing healthcare and driving economic growth across the state by projects like NMT that we are announcing today.” – TNECD Commissioner Stuart C. McWhorter
“The opening of our new Engineering Center of Excellence in Nashville is a significant milestone for Nissha Medical Technologies. This move is the culmination of immense effort from a wide range of partners, and I want to extend my deepest gratitude to everyone who helped make this a reality. Adding to our global footprint, Nashville will serve as the home for our R&D hub, the new headquarters for our partner, EndoTheia, and vital incubator space for other startups. By fostering collaboration and leveraging Vanderbilt’s exceptional research, we are accelerating our efforts in miniaturization, visualization, navigation and surgical robotics. As a medical device CDMO, our goal is to deliver innovative technologies to medical OEMs worldwide, with this new center as a key part of our approach.” – Sam Heleba, President & CEO, Nissha Medical Technologies
“We are honored to host Nissha Medical Technologies’ R&D Engineering Center of Excellence. This partnership reflects Vanderbilt’s commitment to collaborating with corporate partners and city and state leaders to advance innovation in Tennessee and translate academic research into real-world impact.” – Daniel Diermeier, Chancellor, Vanderbilt University
“Creating job opportunities and bringing investment to the region is fundamental to TVA’s mission of service. We are proud to partner with Nashville Electric Service, the Tennessee Department of Economic and Community Development, Metro Nashville Government, Nashville Area Chamber of Commerce and Vanderbilt University to further that mission and congratulate Nissha Medical Technologies on its decision to establish operations in Davidson County. We wish them success and look forward to working together to serve the Tennessee Valley.” – John Bradley, senior vice president of economic development, TVA
“The partnership between Nissha Medical Technologies and the state’s economic development team means more than just jobs. These are high-paying, cutting-edge careers in medical technology right here in our community. This is the kind of forward-looking investment that builds an economy where innovation happens in Nashville and workers share in the benefits.” – Sen. Jeff Yarbro (D-Nashville)
“I’m excited about the continued investment by a global corporation like Nissha Medical Technologies in Nashville. The company’s mission statement says it wants to provide its employees with a challenging, innovative and engaging environment. With those values, along with an average projected starting wage of more than $100,000, this collaboration with Nissha can have a big impact in the community and to medical technology worldwide. My thanks to Nissha Medical Technologies for their commitment to District 58.” – Rep. Harold Love Jr. (D-Nashville)
About Nissha Medical Technologies
Nissha Medical Technologies (NMT) is a global leader in medical device design and manufacturing, specializing in innovative patient monitoring and surgical solutions. With manufacturing operations worldwide, NMT is committed to advancing healthcare through precision engineering and employee development as a global CDMO.
U.S. headquartered Nissha Medical Technologies is the medical devices business unit and wholly owned subsidiary of Nissha Co. Ltd., a Japanese publicly held company based in Kyoto, Japan (TSE:7915).
About the Tennessee Department of Economic and Community Development (TNECD)
TNECD is the state’s primary agency committed to fostering economic growth through job creation and community development. By attracting new corporate investment and facilitating the growth of existing businesses, the department works to strengthen Tennessee’s competitive landscape. Additionally, TNECD strives to increase the economic prosperity for all Tennesseans by providing grants to communities statewide, helping them to become vibrant, business-friendly environments where companies can flourish. For more information, visit us at tnecd.com. Join the conversation on Twitter, Instagram, LinkedIn, Facebook and YouTube.
Media Contacts
Nissha Medical Technologies
Jonathon Casey
CIO & CSCO
[email protected]
TNECD
Chris O’Brien
Public Information Officer
(615) 934-5879
[email protected]
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