German Ottobock prostheses HQ to Austin

AUSTIN – Ottobock HealthCare LP will relocate its North American regional headquarters to Northwest Austin. The move is expected to bring 110 jobs and $4.6 million in investment.

The company plans to move into a 40,000-sf facility at 11501 Alterra Pkwy. in Northwest Austin, according to the Greater Austin Chamber of Commerce. The company expects to have a temporary office in the city by May with a bulk of the move completed by the end of the year.

German health care manufacturer Otto Bock began making prosthetic devices in 1919 for injured World War I veterans and opened its North American arm in 1958. Ottobock Healthcare is the company’s U.S. subsidiary.