The company has about 500 workers, and roughly 300 of those jobs will be moved to India, owner Philips said in a prepared statement.

Changes in operations for a medical device manufacturing plant in Gainesville will lead to a loss of hundreds of current employees.

The Invivo Corporation, 3600 SW 47th Ave., will undergo an extensive transition over the next two years, according to a statement from Philips, the company that owns Invivo. As a result, about 300 employees will lose their positions by 2021.

More than 500 employees currently produce, service and repair magnetic resonance coils at the Gainesville location. These operations will be moved in waves to manufacturing locations in India, the statement said.

“As part of Philips’ industrial footprint strategy to create fewer, bigger manufacturing sites per region, the company is closing some of its smaller manufacturing sites and focusing on Research and Design at those locations, while expanding its larger sites,” the statement reads.

As this takes place, Invivo Gainesville will become the center of Philips’ magnetic resonance coil design and advanced development, according to the statement. These operations now take place at an Invivo plant in Pewaukee, Wisconsin.

Following restructuring, the Gainesville and Pewaukee plants are expected to employ 250 people in various roles. About 200 of these jobs will be at Invivo Gainesville.

Philips will be closing some of its smaller manufacturing locations, but Invivo Gainesville is not included in that group.

The company's statement suggests it is working with affected employees to manage the change.

“Philips is announcing this transfer at this time to ensure a seamless transition for our business operations, with no disruptions to its customers, and to provide affected employees with substantial notice regarding the upcoming changes.”

The company had more than 620 employees in 2010.