Bioventus Invests $5 Million On Expansion Of Its Memphis, Tennessee, Facilities
11/20/2012
In May Bioventus formed as a strategic venture between Essex Woodlands and Smith & Nephew. The company occupies space at Smith & Nephew’s Brooks Road and Holmes Road locations. The move to 1900 Charles Bryan Road, off Goodlett Farms Parkway, enables Bioventus to consolidate its Memphis functions, including operations, manufacturing, quality and human resources.
“Combining our functions in a single location not only provides facility cost benefits, but also increases our efficiency in terms of staff management and communications,” Anthony James, vice president of Operations and Quality, Bioventus, said. “The site is also strategically located near major transportation hubs, enabling us to provide rapid and cost-effective service for our customers.”
“It speaks volumes for our state’s business friendly environment when Tennessee companies decide to expand right where they are,” Commissioner Bill Hagerty said. “The additional jobs Bioventus will create are the types of quality jobs that our economy needs. Congratulations to the company on its continued success in Memphis.”
Bioventus currently has about 500 U.S. employees including approximately 130 in Memphis. The company is actively recruiting and hiring for a variety of positions including manufacturing, quality engineering, customer service, information technology, finance and distribution.
Project Announcements
KOI Superior Walls Plans Boone County, Kentucky, Operations
04/29/2024
Avancez Plans Stanton, Tennessee, Assembly Operations
04/29/2024
S&W Wholesale Foods Expands Hammond, Louisiana, Operations
04/29/2024
Omni Federal Establishes Colorado Springs, Colorado, Operations
04/29/2024
Systal Technology Solutions Establishes Tampa, Florida, Operations
04/29/2024
Denmark-Based Topsoe Plans Chesterfield County, Virginia, Operations
04/26/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024