A Swedish medical technology company announced today that it will locate its North American headquarters in Morrisville and create 45 jobs over the next three years.

Aerocrine, which focuses on improving the treatment of patients with airway diseases such as asthma, also plans to invest $219,000 in Wake County.

Aerocrine will receive a $50,000 grant from the One North Carolina Fund if it meets investment and hiring goals.

The average salary for the new positions will be $69,000, plus benefits. The Wake County average is $44,980.

Scandinavian Child is going global.

The Raleigh-based company, which distributes European high chairs, strollers, diaper bags and other products in the United States and Canada, will announce this morning that it has bought a Swedish furniture company.

The purchase of Svan AB will allow Scandinavian Child to distribute in Europe, Asia and Latin America, said founder and CEO Brenda Berg. It also gives Scandinavian Child the ability to expand into manufacturing and new product development.

The company's business model has been based on distributing other companies' products, including Svan's high chairs. Berg expects that within three years, more than half of the business will come from manufacturing and selling its own products.

"The margins are bigger, control is greater and expansion opportunities are better," Berg said.