Healthcare

$2M Bond Finances Jarvis Expansion

Westfield expansion

Westfield expansion

Westfield, MA – MassDevelopment has issued a $2.2 million bond on behalf of Bodacious LLC and Jarvis Surgical, Inc. to expand the Westfield company’s facility.

Jarvis, a medical device manufacturer, is using bond proceeds to build a 15,000sf addition on its existing facility and to buy new manufacturing equipment. The company will also use funds to buy 1.9 acres of land next to the property for employee parking. Easthampton Savings Bank purchased the bond.

“This bond will allow Jarvis Surgical to add 24 jobs, update its equipment, and expand its manufacturing operations, furthering boosting this vital industry, ” said MassDevelopment president and CEO Marty Jones.