Expected to be completed by April, 2017, the $12m Medical East Coast facility is estimated to create around 300 new jobs in the region.

The 110,000ft² will operate as a service and distribution center for different medical equipment and devices such as endoscopes, surgical devices and generators.

The company already operates national service center in San Jose of California.

Olympus said that Bartlett was selected for a variety of reasons, including the growing medical device industry in the area, significant advantages in shipping logistics, and its close proximity to multiple customers in the eastern US.

Olympus Surgical Technologies America (OSTA) president Joe Doherty said: "The new facility in Bartlett further enables our Company's main priority of meeting the ongoing and changing needs of our healthcare customers.

Olympus Corporation of the Americas president and CEO Nacho Abia said: "We look forward to creating more than 280 jobs in the area and hiring talent who will play an integral role in providing world-class service to our healthcare customers.

"We are fully committed to meeting the Affordable Care Act healthcare reform goals of improving clinical outcomes, reducing overall healthcare costs, and enhancing patient satisfaction."

Olympus is engaged in designing and delivering novel solutions for medical and surgical products, life science imaging systems, industrial measurement and imaging instruments, as well as cameras and audio products.

Image: Breaking ground on the new $12m Olympus facility in Bartlett. Photo: courtesy of PRNewsFoto / Olympus.