Medical device manufacturer Jarvis Surgical Inc. will expand its Westfield facility using funding from MassDevelopment.

Jarvis will use a $2.2 million bond to build a 15,000-square-foot addition on its existing facility and 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.

“Manufacturing is a crucial part of the Massachusetts economy, and MassDevelopment is always pleased to support growth and innovation in that sector,” MassDevelopment President and CEO Marty Jones said in a statement. “This bond will allow Jarvis Surgical to add 24 jobs, update its equipment and expand its manufacturing operations, furthering boosting this vital industry.”

Jarvis Surgical was founded in 1901 when Charles Jarvis purchased the Ideal Manufacturing Company in Hartford, Connecticut, which produced nutcrackers and nutpicks. The company expanded its aerospace manufacturing capabilities in the 1940s and changed its name to Jarvis Airfoils Inc. In 1993, a separate company, Jarvis Surgical Inc., was established in Westfield to manufacture precision titanium and cobalt chrome medical parts like shoulder, knee, hip and spine implants.